Full Displacement

Discover the inspiring journey of Mark and Sharon, who transitioned from land-based careers to becoming owner-operators living full-time on their sailboat, Calypso. This episode delves into their sailing experiences, business ventures, and unique approach to teaching others to sail in exotic locations.Contacts & Resources📲 Connect with Mark and Sharon from Calypso Sailing Life: https://currentyachts.com/resources/d... 🗾 Follow Sailing Vessel Calypso: https://www.calypsosailing.life/whatw... 🛥️ Buy a Yacht with Current Yachts: https://youtube.currentyachts.com/buy⬇️ Download our boat buyers spreadsheets & checklistsIn this episode:⛵️ How Mark and Sharon started sailing and shifted to full-time life on Calypso⚓️ Their process of buying and upgrading boats—from a Leopard 39 to a Leopard 48🎣 The day-to-day life aboard a cruising catamaran, including routines and hobbies🪢 Teaching sailing in various international locations and offering experiential programs🗺️ Tips for aspiring sailors: trying before buying and navigating insurance requirements🌴 Favorite spots in the Caribbean and what makes certain anchorages unforgettable🐈‍⬛ Insights on handling pets, living aboard for years, and managing relationships at sea📆 The flexibility of planning training courses around global locations and personal schedules🎥 Watch The Full Displacement Podcast where we share guidance with yacht sellers and buyers, and news from the yacht brokerage market: https://podcast.currentyachts.com/all 💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way. We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first. ⚓️ Discover the Current Yachts difference at https://currentyachts.com/🛥️ Browse our inventory: https://currentyachts.com/boats/

Join us in this episode of Full Displacement as we explore the intricacies of yacht sales agreements with seasoned yacht lawyer Chris Anderson from Robert Allen Law. Whether you're a buyer, seller, or industry professional, understanding the nuances of contracts like the IYBA PSA and MYBA MOA can make or break your transaction.Contact & Resources:⚓️ Robert Allen Law, Maritime & Yachting Lawyers: https://currentyachts.com/resources/directory/robert-allen-law⬇️ Download the Current Yachts boat buying spreadsheets & checklists: https://youtube.currentyachts.com/downloads🔗 Download the IYBA PSA at: https://currentyachts.com/resources/podcast/the-yacht-lawyer-will-see-you-now🎥 Watch The Full Displacement Podcast from the start: https://podcast.currentyachts.com/all Key Findings:🔎 The fundamental differences between IYBA and MYBA purchase and sale agreements⏰ Significance of "Time is of the essence" clause and its absence in IYBA💰 Deposit deadlines, default rights, and remedies under both agreements✍🏼 Acceptance and rejection procedures for vessels, including strategic uses📋 Inventory, exclusions, and dealing with offsite storage and leased items👩🏻‍⚖️ Jurisdiction, dispute resolution venues, and arbitration options⚠️ The importance of clear disclosures, owner certifications, and minimizing disputes🗺️ How regional preferences influence agreement choices in the industry⚓️ Practical insights on risk management and buyer/seller protections🧐 The impact of AI and software-generated documents on contract integrity💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way. We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first. How?1️⃣ Our flat-rate selling expense replaces inflated yacht brokerage commissions. And the buyer-side commission (called co-brokerage) only gets paid if a co-broker is present.2️⃣ Our buyer-broker representation agreement means our yacht buyers receive the unbiased guidance they need to protect their interests.3️⃣ Our modern platform streamlines the listing intake process including an listing agreement you can generate and signed digitally within minutes. Our platform ensures real-time communication with a dedicated team and provides analytics for all parties. 🏁 The result? More transparent yacht sales, and faster, more efficient transactions. We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. ⚓️ Discover the Current Yachts difference at https://currentyachts.com/🛥️ Browse our inventory: https://currentyachts.com/boats/

In this episode, experienced boaters and instructors Captain Chris and Alyse share their extensive knowledge on boat buying, maintenance, training, and long-term cruising strategies. They discuss practical tips for new owners, the importance of hands-on learning, and how to build confidence on the water.Contacts and Resources:📲 Contact Captn Chris & Alyse from Captain Chris Yacht Services: https://currentyachts.com/resources/directory/captain-chris-yacht-services⬇️ Download the "Marine Survey Primer" and "Spare Parts List" from Captn Chris:📲 Work with Current Yachts to Buy a Yacht: https://youtube.currentyachts.com/buy🛥️ Sell your Boat with Current Yachts: https://youtube.currentyachts.com/sell 💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way. 🎥 Our podcast Full Displacement helps educate yacht sellers and buyers, and shares what is happening in the yacht brokerage market: https://www.youtube.com/playlist?list=PLXcE3-wOQgN8C7VGybRHBjzf9uZsr6tPsWe are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first. How?1️⃣ Our flat-rate selling expense replaces inflated yacht brokerage commissions. And the buyer-side commission (called co-brokerage) only gets paid if a co-broker is present.2️⃣ Our buyer-broker representation agreement means our yacht buyers receive the unbiased guidance they need to protect their interests.3️⃣ Our modern platform streamlines the listing intake process including an listing agreement you can generate and signed digitally within minutes. Our platform ensures real-time communication with a dedicated team and provides analytics for all parties. 🏁 The result? More transparent yacht sales, and faster, more efficient transactions. We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. ⚓️ Discover the Current Yachts difference at https://currentyachts.com/🛥️ Browse our inventory: https://currentyachts.com/boats/Follow Current Yachts:Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/Linkedin: https://www.linkedin.com/company/currentyachts/

In this episode, we sit down with marine insurance expert John Jarvie of Oversea Insurance to explore the complexities of yacht insurance, from understanding coverage during haul outs and repairs, to insuring innovative vessel technologies. Whether you're a seasoned boat owner or considering your first yacht, this deep dive provides essential insights to protect your investment on and off the water.Main Topics Covered:🧭 Overview of the current yacht insurance Market: Softening rates and new market entrants🛥️ Why specialty marine insurance brokers outperform generalists⚠️ The importance of choosing the right surveyors and claims support⚓️ Coverage nuances during boat repairs, haul-outs, and yard work👌🏻 The impact of latest marine tech: electric, hydrofoil, lithium batteries on insurance🦠 Cyber risks and cyber insurance strategies for boat owners❌ Liveaboard insurance limitations and the challenges of insuring older or classic vessels🗺️ Navigating coverage in the Caribbean and Bahamas, including hurricane implicationsIn this episode:✔️ John shares over 20 years of marine insurance experience, including how hurricanes in 2017 reshaped the industry✔️ Understanding the difference between actual cash value and agreed value policies in total loss scenarios✔️ Insights into coverage restrictions when boats are hauled out or undergoing maintenance✔️ The evolving landscape of insuring cutting-edge marine technology like electric propulsion and lithium batteries✔️ How to proactively manage survey recommendations to ensure claim coverageResources & Links:Oversea Insurance: https://currentyachts.com/resources/directory/insurance-agent-oversea-yacht-insuranceWork with Current Yachts to Buy a Yacht: https://youtube.currentyachts.com/buySell your Boat with Current Yachts: https://youtube.currentyachts.com/sellNote: This episode covers critical nuances in yacht insurance. Ensure you consult with a certified marine insurance expert to tailor coverage for your vessel and needs.💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way. 🎥 Watch Full Displacement on YouTubet: https://www.youtube.com/playlist?list=PLXcE3-wOQgN8C7VGybRHBjzf9uZsr6tPs ⚓️ Discover the Current Yachts difference at https://currentyachts.com/🛥️ Browse our inventory: https://currentyachts.com/boats/Follow Current Yachts:Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/Linkedin: https://www.linkedin.com/company/currentyachts/

We just wrapped up the Palm Beach International Boat Show, and the insights on everything yachting were eye-opening. For the first time, we saw a surge of new yachts of 2023 and 2024 model years available for sale. This signals a shift in inventory that’s worth discussing. This episode also offers a look into the current state of the boat market backed by Q1 boat sales data, emphasizing how sellers, buyers, and dealers are adapting in a shifting environment. We're definitely in a buyer's market! Demand is slowing, and dealers are motivated to sell. Many are offering significant discounts, making it a golden opportunity for buyers. Don’t miss out on securing a great deal with full warranties, even on slightly used boats! Contact & Resources:⬇️ Download the market report slides: https://currentyachts.com/resources/podcast/surprising-trends-in-the-yachting-market🎧 State of the US Boat Market with Info-Link: https://youtu.be/mWAnpowq-x0🎥 Understand how yacht co-brokerage works: https://youtu.be/EEvsNv3nVH0📩 Contact Current Yachts: [email protected] 🛥️ Are you looking to buy a yacht? Learn more here: https://currentyachts.com/buyKey Topics:• Lessons learned from the Palm Beach International Boat Show and market sentiment• Increase in inventory of 2023-2024 models and what it signals about supply and demand• The impact of tariffs and market correction on boat availability and pricing• The shift from exclusive dealer networks to more direct and co-brokered sales• Trends in discounts, asking vs. sold prices, and buyer motivation• Data insights: decline in units sold, price reductions, and segment-specific performance• Changes in days on market and seller strategies in 2026• The influence of macroeconomics and recession fears on market confidence• The emergence of manufacturer-direct sales and changing dealer relationships• How to interpret sales data and make informed buying or selling decisions💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way. We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first. 🏁 The result? More transparent yacht sales, and faster, more efficient transactions. ⚓️ Discover the Current Yachts difference at https://currentyachts.com/🛥️ Browse our inventory: https://currentyachts.com/boats/Follow Current Yachts:Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/Linkedin: https://www.linkedin.com/company/currentyachts/

In this episode, industry expert Peter from InfoLink shares deep insights into the US boating industry, covering market trends, boat demographics, and future outlooks. Discover how data shapes industry decisions and what the future holds for boat manufacturers, dealers, and enthusiasts.Resources and Contacts:Download the slide from today's episode: https://currentyachts.com/resources/podcast/state-of-the-us-boating-market-in-numbersIn this episode:• Overview of US boat registration trends from 2000 to 2025• The aging boat fleet and implications for resale and maintenance• The growing dominance of outboard motors and changing propulsion types• Segmentation shifts: pontoon boats' rise and decline in runabouts and sailboats• Market impact of economic events, legislation, and the pandemic• Demographic shifts: aging boater population and declining ownership percentage• The influence of pre-owned boats and the future supply pipeline• Regional and state-level variations in boating activity and sales• Inventory trends, length of time on dealer lots, and market supply chain status• Future outlook: market resilience, challenges, and opportunities for newcomers💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way. 🎥 Our podcast Full Displacement helps educate yacht sellers and buyers, and shares what is happening in the yacht brokerage market: https://www.youtube.com/playlist?list=PLXcE3-wOQgN8C7VGybRHBjzf9uZsr6tPsWe are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first. How?1️⃣ Our flat-rate selling expense replaces inflated yacht brokerage commissions. And the buyer-side commission (called co-brokerage) only gets paid if a co-broker is present.2️⃣ Our buyer-broker representation agreement means our yacht buyers receive the unbiased guidance they need to protect their interests.3️⃣ Our modern platform streamlines the listing intake process including an listing agreement you can generate and signed digitally within minutes. Our platform ensures real-time communication with a dedicated team and provides analytics for all parties. 🏁 The result? More transparent yacht sales, and faster, more efficient transactions. We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. ⚓️ Discover the Current Yachts difference at https://currentyachts.com/🛥️ Browse our inventory: https://currentyachts.com/boats/Follow Current Yachts:Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/Linkedin: https://www.linkedin.com/company/currentyachts/

Whether you're a recreational boater, offshore angler, or part of a commercial fleet, learn how advanced satellite data, wind, wave forecasts, and fishing tools can improve your decision-making and safety on the water. You'll also figure out if SiriusXM Marine may be a good alternative to marine radar data for your cruising, and why it's a must-have for all boaters -- especially those enjoying offshore fishing!Resources & Contacts📸 To access the images from this episode: https://currentyachts.com/resources/podcast/why-boaters-need-siriusxm-marine⚓️ To learn more about Sirius XM Marine & discover a special offer for the listeners of Full Displacement, visit: www.siriusxm.com/boater🗺️ NOAA Marine Zones & Forecasts: https://www.noaa.gov/ ➕ https://www.weather.gov/marine🔎 To find an electronics installer near you or other marine professionals, browse our Marine Directory💬 Ready to sell or buy a boat? Chat with us online now, or send us a note.Key Insights⚠️ The importance of weather preparedness and situational awareness for boaters⚓️ How SiriusXM Marine’s satellite weather data enhances safety and planning🌩️ Demonstrating real-time weather overlays and marine zone forecasts on chartplotters🌀 Comparing SiriusXM Marine to free weather apps and radar in storm detection🎣 Expanding offshore fishing success with fish mapping and oceanographic data📡 The future of marine weather technology and satellite-based data services✅ Practical routines for pre-departure weather checks and ongoing in voyage monitoringNote: Boaters and anglers interested in safer, more informed experiences on the water can benefit from SiriusXM Marine’s real-time satellite weather and ocean data — an essential addition for planning voyages and fishing trips alike. Always check compatibility with your equipment and consider redundancy with multiple data sources to stay safe offshore.Who is Current Yachts?We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way. We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first. 🏁 The result? More transparent yacht sales, and faster, more efficient transactions.⚓️ Discover the Current Yachts difference at https://currentyachts.com/🛥️ Browse our inventory: https://currentyachts.com/boats/Follow Current Yachts:Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/Linkedin: https://www.linkedin.com/company/currentyachts/

Most boat owners are leaving massive tax benefits on the table. Or worse, sidestepping IRS rules without knowing it. CPA Doug Benefield and fiduciary advisor Joe McKinley break down exactly how to turn your yacht into a legitimate, tax-efficient business that holds up to IRS scrutiny.Whether you're a current owner, considering your first purchase, or simply a high-net-worth individual exploring smarter asset strategies, this episode may save you hundreds of thousands. Doug Benefield is a licensed CPA helping small businesses and boat owners nationwide legally maximize tax benefits. Joe McKinley is a fiduciary financial advisor specializing in tax strategy and asset management.From multi-member LLCs and bonus depreciation to active participation documentation and Section 179 strategies, they cover the critical steps to maximizing deductions without triggering audits. You'll also learn how to use charter operator proformas, build a compliant business plan, and work with your existing CPA to optimize your position.Contacts & Resources: 📲 Get in touch with Tideline Solutions: https://currentyachts.com/resources/directory/tideline-solutions📆 Book your consultation with yacht broker Amanda Haley: https://youtube.currentyachts.com/consult-amanda📩 Browse our Marine Directory of yachting professionals: https://youtube.currentyachts.com/directoryKey Insights:✍🏼 Entity structure matters. Multi-member LLCs or S-corps with formal operating agreements are your first line of defense against audits and liability.📆 Think holistically. Yacht financing and business operations should align with your broader wealth strategy, not exist in isolation.🛥️ Prove you're in the game. Active management and a documented profit motive are what make deductions stick under IRS scrutiny.📚 Loopholes aren't loopholes: they're rules. Legitimate deductions require genuinely meeting IRS definitions of business activity and participation.⏱ Know your life stage. Liquidity, goals, and timing should drive the decision: not just the tax upside.🤝 Your advisors should talk to each other. Brokers, CPAs, and financial planners working in sync is what keeps you compliant and protected.💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way. We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first.⚓️ Discover the Current Yachts difference at https://currentyachts.com/🛥️ Browse our inventory: https://currentyachts.com/boats/Follow Current Yachts:Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/Linkedin: https://www.linkedin.com/company/currentyachts/

In this episode, Amanda Haley, a seasoned yacht broker from Current Yachts in Fort Lauderdale, shares expert insights on buying and selling boats. Topics include timelines for finding the right boat, the importance of financing, negotiation strategies, and maintenance costs, helping listeners make informed decisions in the yacht market.Resources and Contacts:🔎 Looking for a marine professional? Browse our FREE Marine Directory: https://youtube.currentyachts.com/directory⬇️ Download our FREE boat buying budget spreadsheet: https://youtube.currentyachts.com/downloads🎥 Watch: 5 Interior Features that Will Make or Break your Liveaboard Experience: https://youtu.be/KutrHKGzkQo⛵️ Hire Current Yachts to represent you as a boat buyer: https://youtube.currentyachts.com/buy🛥️ Work with Current Yacht to sell your yacht: https://youtube.currentyachts.com/sellKey Topics📆 Timeline for finding the right boat⚓️ Role of buyer's broker vs. listing broker✍🏼 Private seller vs. dealer or broker buying💵 Marine financing timing and approval📈 Market conditions and negotiation strategies⚙️ Boat maintenance costs and inspection tips📝 Legal paperwork and ownership transfer💸 Cost of ownership beyond purchase price⚓️ Discover the Current Yachts difference at https://currentyachts.com/🛥️ Browse our inventory: https://currentyachts.com/boats/Follow Current Yachts:Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/Linkedin: https://www.linkedin.com/company/currentyachts/

Discover the ins and outs of custom yacht construction from industry veteran Austin Ellingsen. Whether you're contemplating a made-to-you vessel or just curious about the process, this episode sheds light on project timelines, costs, shipyard selection, and what makes a truly personalized yacht. We address the common question: does building a custom luxury yacht cost more than a production vessel? This video details the typical timeline for a custom project, from initial design to final delivery, which can span two to five years. Join us for insights into the world of yachting and discover the nuances of custom builds versus production boats. Contacts & Resources📞 Consult with Austin: https://youtube.currentyachts.com/consult-austin📲 Buy your next yacht with Current Yachts: https://youtube.currentyachts.com/buy🎥 Our podcast Full Displacement helps educate yacht sellers and buyers, and shares what is happening in the yacht brokerage market: https://www.youtube.com/playlist?list=PLXcE3-wOQgN8C7VGybRHBjzf9uZsr6tPsKey Takeaways🛥️ Why buyers choose custom yachts over production vessels📆 Typical project timelines vary depending on complexity and shipyard scheduling💵 The sweet post on cost to build is around the $3-4 million mark🛳️ Different hull materials: fiberglass, aluminum, and steel — pros and cons for various uses🏭 The importance of selecting reputable shipyards and Austin’s process for evaluating and inspecting them😀 Managing client expectations: balancing dreams with practicality, constraints, and design revisions⚓️ The role of the project manager or consultant during the build, ensuring quality and adherence to specifications✍🏼 Payment structure and risk mitigation: deposit schedules, financing options, and contractual safeguards🔍 The significance of shipyard reputation, past projects, and avoiding scope creep💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way. We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first. 1️⃣ Our flat-rate selling expense replaces inflated yacht brokerage commissions. 2️⃣ Our buyer-broker representation agreement means our yacht buyers receive the unbiased guidance they need to protect their interests.3️⃣ Our modern platform streamlines the listing intake.🏁 The result? More transparent yacht sales, and faster, more efficient transactions. ⚓️ Discover the Current Yachts difference at https://currentyachts.com/🛥️ Browse our inventory: https://currentyachts.com/boats/Follow Current Yachts:Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/Linkedin: https://www.linkedin.com/company/currentyachts/

This episode explores the similarities and differences between yacht and real estate transactions, focusing on asset valuation and depreciation, regulation and licensing, as well as tax implications. The conversation also covers how these high-value assets are bought and sold, providing valuable insights for buyers, sellers, and industry professionals.Resources:📺 Watch: How co-brokerage works https://youtu.be/EEvsNv3nVH0🎧 Listen to the episode: Tax planning when buying a yacht: https://youtu.be/bNvYndLh_Ro⚓️ H. R. 7222 "No Tax on Boat Loan Interest Act of 2026" (Proposed legislation): https://www.congress.gov/bill/119th-congress/house-bill/7222/text⛵️ Hire Current Yachts to represent you as a boat buyer: https://youtube.currentyachts.com/buy🛥️ Work with Current Yacht to sell your yacht: https://youtube.currentyachts.com/sell💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way. We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first.⚓️ Discover the Current Yachts difference at https://currentyachts.com/🛥️ Browse our inventory: https://currentyachts.com/boats/Follow Current Yachts:Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/Linkedin: https://www.linkedin.com/company/currentyachts/

Join Full Displacement as we discuss the critical aspects of rigging with Trevor Harney from Harney Yacht Rigging. The conversation covers the importance of rigging for safety and resale value, the differences between standing and running rigging, and the lifespan of various components. Trevor shares insights on assessing rigging quality, the inspection process, advancements in rigging technology, and the importance of professional inspections. The episode concludes with rapid-fire questions that reveal Trevor's passion for sailing and rigging.Resources:📲 Harney Rigging Services: https://currentyachts.com/resources/directory/harney-rigging-services⛵️ Hire Current Yachts to represent you as a boat buyer: https://youtube.currentyachts.com/buy🛥️ Work with Current Yacht to sell your yacht: https://youtube.currentyachts.com/sellKey Takeaways:🛟 Rigging is often overlooked but crucial for safety.🗓️ Standing rigging typically lasts 10 to 15 years depending on conditions.🔎 Inspect chain plates for signs of water ingress and rot.⚓️ It's important to replace rigging in pairs for even tension.⚙️ Quality hardware is essential for safety and performance.🪢 Dyneema is a preferred material for running rigging.💸 Professional inspections can prevent costly mistakes.🤔 Understanding the difference between standing and running rigging is key.⛵️ Maintenance is important, but lifespan is also affected by environmental factors.💵 Investing in rigging inspections is just as important as car maintenance.💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way. 🎥 Our podcast Full Displacement helps educate yacht sellers and buyers, and shares what is happening in the yacht brokerage market: https://www.youtube.com/playlist?list=PLXcE3-wOQgN8C7VGybRHBjzf9uZsr6tPsWe are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first. ⚓️ Discover the Current Yachts difference at https://currentyachts.com/🛥️ Browse our inventory: https://currentyachts.com/boats/Follow Current Yachts:Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/Linkedin: https://www.linkedin.com/company/currentyachts/

In this episode of the Current Yachts podcast, hosts Maryline and Amanda welcome Phillip Winter to discuss the innovative Island Spirit 525E, a fully electric catamaran built in Thailand. Phillip shares his extensive background in the boating industry, highlighting the evolution of electric propulsion and the challenges it has faced, such as range anxiety and technological limitations. He explains how Island Spirit has addressed these issues with significant advancements in battery technology, allowing for longer ranges and better performance compared to traditional hybrid systems. The conversation also covers the history of Island Spirit as a brand, its manufacturing in Thailand, and the advantages of its unique hull design, which contributes to the boat's efficiency and durability.Key Takeaways:🪫 Range anxiety is a major factor in the adoption of electric catamarans.⚡️ Electric propulsion is gaining traction in the boating industry but is lagging behind electric cars.🔋 The Island Spirit 525E is a fully electric catamaran with significant range and features a staggering 210 kilowatt-hour battery bank.⚓️ Battery technology advancements are crucial for electric boating.🔌 Full electric systems offer simplicity compared to hybrid systems.⛵️ Island Spirit's design focuses on efficiency and performance.💪 The hull design of Island Spirit 525E enhances structural integrity.☀️ Charging options include solar, shore power, and hydro generation.🗺️ Real-world sailing experiences highlight the boat's capabilities.💵 Electric catamarans can be cost-effective in the long run.⏰ Battery lifespan can exceed 10 years with proper management.💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way. 🎥 Our podcast Full Displacement helps educate yacht sellers and buyers, and shares what is happening in the yacht brokerage market: https://www.youtube.com/playlist?list=PLXcE3-wOQgN8C7VGybRHBjzf9uZsr6tPsWe are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first. How?1️⃣ Our flat-rate selling expense replaces inflated yacht brokerage commissions. And the buyer-side commission (called co-brokerage) only gets paid if a co-broker is present.2️⃣ Our buyer-broker representation agreement means our yacht buyers receive the unbiased guidance they need to protect their interests.3️⃣ Our modern platform streamlines the listing intake process including an listing agreement you can generate and signed digitally within minutes. Our platform ensures real-time communication with a dedicated team and provides analytics for all parties. 🏁 The result? More transparent yacht sales, and faster, more efficient transactions. ⚓️ Discover the Current Yachts difference & follow Current Yachts:🛥️ Browse our inventory: https://currentyachts.com/boats/Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/Linkedin: https://www.linkedin.com/company/currentyachts/

Meet the founders of BoatyBall, and learn all about the innovative mooring reservation platform they designed for the British Virgin Islands. In this episode, we dig into the origins of BoatyBall, the challenges faced in implementing the system, and the dynamics of demand and user engagement. The conversation also covers the balance between reservable and first-come-first-serve moorings, the importance of maintenance, and how they handle customer service and conflict resolution.Ty and Bob highlight the importance of reliable connectivity, customer service, and the value of their membership program, which includes medical evacuation coverage and other perks. The introduction of the anchor alarm feature aims to enhance safety for boaters. They also share tips for users to optimize their mooring reservations and discuss the impact of their service on the BVI cruising experience, including collaboration with local businesses.Key Takewaways:📍 BoatyBall is a reservation platform for moorings in the BVI.💡 The idea for BoatyBall originated from a frustrating experience with mooring balls.🤔 Initial challenges included understanding the existing mooring system.⚓️ Demand for reservable moorings has significantly increased since launch.❌ Cancellations have risen due to users reserving multiple moorings for the same boat.💰 A $15 annual membership is now required to reserve moorings.🛥️ First-come-first-serve moorings still exist alongside reservable ones.⛓️ Maintenance of moorings is crucial for safety and trust.👏🏼 Membership provides value beyond just mooring reservations.🚑 Medical evacuation coverage is a crucial benefit for members.🍹 The membership includes perks like free drinks at local bars.⏰ The anchor alarm feature enhances safety for boaters.⏳ Users should reserve moorings early to avoid competition.⛵️Transient sailors can benefit from the service but have different needs.👍🏼 Collaboration with local businesses helps improve the overall experience.💵 The service aims to reduce cash transactions and improve efficiency.💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way. 🎥 Our podcast Full Displacement helps educate yacht sellers and buyers, and shares what is happening in the yacht brokerage market: https://www.youtube.com/playlist?list=PLXcE3-wOQgN8C7VGybRHBjzf9uZsr6tPsWe are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first. ⚓️ Discover the Current Yachts difference at https://currentyachts.com/🛥️ Browse our inventory: https://currentyachts.com/boats/Follow Current Yachts:Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/Linkedin: https://www.linkedin.com/company/currentyachts/

In this episode of Full Displacement, the hosts from Current Yachts speak with Greg Koski from Ullman Sails about the essential aspects of sails for sailors and cruisers.They discuss Greg's extensive background in the sail-making industry, the impact of recent industry consolidations, and the various costs associated with sail ownership. he importance of sail materials, how to assess the condition of sails before purchasing a boat, and the best practices for sail care and maintenance. Greg also shares insights on sail production and quality control, emphasizing the importance of preventative maintenance for a successful sailing experience.Contact & Resources:Greg Koski & Ullman Sails: https://currentyachts.com/resources/directory/ullman-sails-mid-atlantic-midwestKey Takeaways:⛵️ Sails are crucial for the performance of a sailboat.💰 Understanding sail costs is essential for new boat owners.🧵 Sail materials significantly affect the price and performance.🫧 Regular maintenance can extend the life of sails.🔎 Assessing sail condition is vital before purchasing a boat.🧼 Sail care includes cleaning and proper storage techniques.👍🏼 Quality control is important in sail production.🤔 Sailmakers should educate customers on proper sail handling.🪡 Preventative maintenance is key to avoiding costly repairs.🌊 Sail ownership involves understanding the ongoing costs and needs.About Current YachtsCurrent Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.💻 Our modern platform streamlines the listing intake process, and ensures real-time communication and analytics for all parties. Our team is focused on transparent yacht sales and facilitates faster, more efficient transactions. We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. And our podcast Full Displacement is designed to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market.Discover the Current Yachts difference: professional service without the bloated pricing. Join us at https://currentyachts.com/Follow Current Yachts:Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/Linkedin: https://www.linkedin.com/company/currentyachts/Browse our inventory: https://currentyachts.com/boats/

Captain Dietmar shares the inspiring story of the Ocean Posse, a community of sailors that began in 2017 with just 15 boats in Mexico and has since grown to over 2,000 members worldwide. He discusses the importance of camaraderie among cruisers, the challenges of boat ownership, and the invaluable support provided by the Ocean Posse in terms of safety and information sharing. The conversation also touches on the future of the organization, including plans for expansion and future partnerships.Contacts & Resources🗺️ Explore the Ocean Posse: https://oceanposse.com/📩 Ocean Posse Members: Watch your inbox for an announcement to come regarding the collaboration of the Ocean Posse with Current Yachts!🛥️ Looking to buy or sell your boat? Contact Current Yachts: https://currentyachts.com/contactKey Takeaways⛵️ The Ocean Posse started in 2017 with 15 boats.🤝 Community support reduces costs and risks for sailors.🌊 The group is open to all ocean-going vessels, not just luxury yachts.🏝️ Members share real-time information about safe anchorages and local resources.🌎 The organization has grown to over 2000 members across 55 countries.⚓️ Marina partnerships provide discounts and better service for members.💓 The community fosters a culture of sharing experiences and learning from each other.📣 Captain Dietmar emphasizes the importance of factual communication over opinions.📆 The Ocean Posse hosts events to connect members and share knowledge.📈 Future plans include expanding partnerships and creating a more structured support system.💭 ABOUT CURRENT YACHTSCurrent Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.💻 Our modern platform streamlines the listing intake process, and ensures real-time communication and analytics for all parties. Our team is focused on transparent yacht sales and facilitates faster, more efficient transactions. We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. And our podcast Full Displacement is designed to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market.Discover the Current Yachts difference: professional service without the bloated pricing. Join us at https://currentyachts.com/Follow Current Yachts:Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/Linkedin: https://www.linkedin.com/company/currentyachts/

In this episode of the Full Displacement Podcast, Maryline Bossar interviews John Schafer, an expert in sailing safety and training. They discuss John's journey into sailing, the founding of Ministry of Sailing, and the importance of safety training for sailors. The conversation covers various topics including sailing certification systems, hands-on training for new sailors, essential safety equipment for ocean cruising, first aid on board, and emergency preparedness. John emphasizes the need for proper training and understanding safety equipment.Resources and Contacts:John Schafer, Ministry of Sailing: https://currentyachts.com/resources/directory/ministry-of-sailingChecklists including 6 Things to Do for Your New Boat: https://ministryofsailing.com/free-resources-1US Sailing SERs: https://www.ussailing.org/competition/offshore/safety-information/ser-world-sailing-special-regulations/Key Takeaways⛵️ John Schafer's journey into sailing began at a young age.⚓️ Ministry of Sailing was founded during COVID to enhance sailing safety.🛟 Safety training is crucial for both professional and recreational sailors.📓 Understanding safety equipment is essential for all sailors.🌎 Hands-on experience is more valuable than just certifications.🏆 Sailing certification systems vary, with RYA being a gold standard.🚨 Emergency preparedness is vital for sailing organizations.🤕 First aid training is important for long-distance cruisers.🍺 Alcohol consumption is a major safety concern for sailors.💭 ABOUT CURRENT YACHTSCurrent Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.💻 Our modern platform streamlines the listing intake process, and ensures real-time communication and analytics for all parties. Our team is focused on transparent yacht sales and facilitates faster, more efficient transactions. We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. And our podcast Full Displacement is designed to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market.Discover the Current Yachts difference: professional service without the bloated pricing. Join us at https://currentyachts.com/Follow Current Yachts:Facebook: https://www.facebook.com/currentyachtsInstagram: https://www.instagram.com/currentyachts/LinkedIn: https://www.linkedin.com/company/currentyachts/

Explore the pros and cons of buying an ex-charter boat: know the various aspects of charter programs, market conditions, maintenance standards, and the financial implications of purchasing a boat that has been in a charter fleet -- including refurbishment but also delivery and import duties. You'll learn the intricacies of buying ex-charter boats, the importance of the boat's history, how to manage expectations and avoid red flags.Contacts and Resources: Book a free consultation with Amanda Haley, Florida-licensed yacht broker: https://calendar.app.google/kW3Jj7Uh2h2kZTT47 Buy a yacht in charter: https://currentyachts.com/buy/buy-a-yacht-in-charter Potential Tax Strategy for Yacht Buyers: https://youtu.be/bNvYndLh_Ro Charter Seasons & What to Expect from a Charter Yacht Business: https://youtu.be/r5grhvMj9zQKey Takeaways:❗️ Not all charter boats are created equal.🙏🏼 Ex-charter boats can be significantly cheaper than privately owned boats.🛥️ Charter boats often have higher engine hours due to frequent use.🛠️ Maintenance records are crucial when buying an ex-charter boat.🌎 The condition of an ex charter boat can vary greatly depending on the operator.💰 Delivery costs can be substantial when bringing a boat from afar.✍🏼 Understanding import duties is essential for US buyers.⛓️‍💥 Deferred maintenance can lead to costly repairs down the line.🛏️ The layout of ex-charter boats may not always suit private use.🔎 Not all damage is reported or documented.✅ There's no Carfax for boats.📆 The potential for a shorter lifespan is true.💥 The wear and tear is significant on charter boats.✔️ Conduct your due diligence on charter operators.🤝 You need a trusted surveyor when buying a boat.💸 Buying an ex-charter boat can be a great deal if done right.💭 ABOUT CURRENT YACHTSCurrent Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.💻 Our modern platform streamlines the listing intake process, and ensures real-time communication and analytics for all parties. Our team is focused on transparent yacht sales and facilitates faster, more efficient transactions. We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. And our podcast Full Displacement is designed to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market.📩 Contact Current Yachts: https://currentyachts.com/contact🛥️ Browse our inventory: https://currentyachts.com/boats/

Guest Coralie Benefield is a seasoned documentation agent with over 30 years of experience facilitating transactions in yachts and boats. In this episode she addresses common misconceptions regarding boat documentation and titling, offering essential boating tips for owners. This video also clarifies that a USCG documented boat does not automatically mean it's duty-paid, and that pleasure yachts typically require state registration.Resources:💻 American Vessel Documentation Association: https://americanvessel.com/📩 Get in touch with Current Yachts: https://currentyachts.com/contactKey Takeaways🗓️ Coralie Benefield has over 30 years of experience in yacht documentation.✍🏼 A documentation agent is crucial for smooth yacht transactions.📋 State title and registration are often confused but serve different purposes.🔖 Abstracts of title provide a history of the vessel's documentation.💸 Liens on vessels can complicate ownership transfers.🧯 Hiring a documentation agent can prevent costly mistakes.🤝 Coralie collaborates with other agents to provide specialized services.📄 Documentation agents handle both state and Coast Guard paperwork.🌎 Proper documentation is essential for international yacht travel.😌 A doc agent offers peace of mind to yacht buyers and sellers.💭 ABOUT CURRENT YACHTSCurrent Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.💻 Our modern platform streamlines the listing intake process, and ensures real-time communication and analytics for all parties. Our team is focused on transparent yacht sales and facilitates faster, more efficient transactions.We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. And our podcast Full Displacement is designed to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market.

In this episode, Amanda Haley, Maryline Bossar and Lisa Nichols discuss the essentials of starting a yacht charter business. They cover the importance of chartering before buying, the role of a charter broker, and the significance of choosing the right boat, management company, and location. The conversation also touches on trends in charter destinations and the financial aspects of owning a charter yacht.Contact & Resources:Lisa Nichols, Elite Catamaran Charters: https://elitecatamarancharters.com/📩 Get in touch with Current Yachts: https://currentyachts.com/contactKey Takeaways:⛵️ Chartering before buying a yacht is crucial to understand the experience🤝 A charter broker can provide valuable insights and protection for clients.🗺️ Choosing the right boat and location is key to a successful charter business.🌴 The Caribbean and Mediterranean are popular charter destinations.💰 Financial planning is essential for yacht ownership and chartering.😎 A yacht is a lifestyle investment, not a profit-making asset.⚙️ Speak to industry experts to validate your pro forma.🔎 Vetting your charter operator in person is essential.🌟 The reputation of the charter management company is paramount.🛥️ Trends show a preference for larger boats with more cabins.📆 Booking charters in advance is the norm once again.💭 ABOUT CURRENT YACHTS Current Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.💻 Our modern platform streamlines the listing intake process, and ensures real-time communication and analytics for all parties. Our team is focused on transparent yacht sales and facilitates faster, more efficient transactions. We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. And our podcast Full Displacement is designed to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market.

In this episode of Full Displacement, Maryline Bossar and Amanda Haley engage with Michelle Terorotua, a customs broker specializing in yachts, to discuss the significant changes in customs regulations and tariffs affecting yacht owners and buyers in 2025 and beyond. The conversation covers the role of customs brokers, the impact of new tariffs on yacht purchases, legal requirements for selling yachts in US waters, and compliance with EPA and Lacey Act regulations. Michelle provides practical advice for buyers and sellers, emphasizing the importance of due diligence and understanding the financial implications of importing yachts. Contacts & Resources: Michelle Terorotua, Compass Logistics & Marine: https://compasslogisticsmarine.com/ American Vessel Documentation Association (AVDA): https://americanvessel.com/ Hire Current Yachts to buy or sell your yacht: https://stage.currentyachts.com/contactKey Takeaways:🗺️ A customs broker acts as an intermediary for yacht imports.💰 2025 has introduced significant tariff changes affecting yacht owners.🌎 Duty rates for yachts can vary significantly based on origin.🚤 Import duties apply to both new and used vessels equally.⚓️ Foreign flagging is a strategy to avoid high import duties.📑 EPA and Lacey Act compliance is crucial for yacht imports.📋 Documentation is essential to prove duty payment on yachts.🔎 Buyers should confirm if a yacht is duty paid before purchase.🤔 Understanding the financial implications of tariffs is vital for buyers.🛥️ Due diligence is necessary to avoid last-minute surprises in yacht transactions.💭 ABOUT CURRENT YACHTS Current Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.💻 Our modern platform streamlines the listing intake process, and ensures real-time communication and analytics for all parties. Our team is focused on transparent yacht sales and facilitates faster, more efficient transactions. We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. And our podcast Full Displacement is designed to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market. Discover the Current Yachts difference: professional service without the bloated pricing.Join us at https://currentyachts.com/Browse our inventory: https://currentyachts.com/boats/

In this episode of Full Displacement, Maryline Bossar and Amanda Haley discuss with Randall Boiko, a SAMS certified marine surveyor, the intricacies of marine surveys, focusing on pre-purchase surveys. They discuss the importance of boat buyer expectations, pre-purchase marine surveys, what they entail, and how they differ from other types of surveys like insurance surveys. Randall shares insights from his 35 years of experience, including common misconceptions and red flags to watch out for when buying a boat.Key takeaways: 🔍 A marine survey is essential for understanding a boat's condition before purchase. 🛠️ Pre-purchase surveys focus on identifying issues that may require repair. ✅ Insurance surveys are more about safety checks and liability concerns. ℹ️ Buyers should not rely solely on surveyors; personal research is crucial. 💰 Survey costs vary by boat size and geographical location. ⚓️ A surveyor's experience can greatly influence the quality of the survey. 🤔 Deferred maintenance is common and should be factored into the purchase decision. 📋 Survey reports include detailed recommendations and inventory lists. 🗣️ Communication with the surveyor is key to understanding the report. 🛥️ Even new boats can have issues that a survey can uncover.Contacts and Resources: Randall Boiko, Admiralty Services Society of Accredited Marine Surveyors®: https://marinesurvey.org💭 ABOUT CURRENT YACHTS Current Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.💻 Our modern platform streamlines the listing intake process, and ensures real-time communication and analytics for all parties. Our team is focused on transparent yacht sales and facilitates faster, more efficient transactions. We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. And our podcast Full Displacement is designed to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market.

In this episode of Full Displacement, Maryline Bossar, Amanda Haley, and guest Hugo Hanham discuss the intricacies of boat and yacht insurance. They cover essential topics such as the importance of marine insurance, the differences between agreed value and actual cash value policies, and the significance of third-party liability coverage. The conversation also delves into the nuances of hurricane plans, the impact of boat age and charter usage on insurance, and the role of brokers in securing the right coverage. Listeners gain insights into the claims process, the importance of reading policy details, and the factors affecting insurance premiums, as well as what questions to ask of their yacht insurance broker.Contacts & Resources: 📩 Hugo Hanham-Gross, Hanham Insurance Agency [email protected] | https://www.hanhaminsurance.com 📩 Get in touch with Current Yachts: https://currentyachts.com/contact Download the Yacht Insurance Checklist & Questionnaire: https://currentyachts.com/resources/i...Key Takeaways:✍🏼 Boat insurance is not always legally required, but marinas often demand it.🛥️ Agreed value policies provide more certainty than actual cash value policies.👩🏻‍⚖️ Third-party liability is crucial for covering damages to others.🌪️ Hurricane plans are essential for boats in storm-prone areas.📅 Older boats may face higher premiums and limited coverage options.🤔 Brokers play a key role in navigating insurance complexities.📄 Reading and understanding policy details is vital for boat owners.💸 Experience and claim history significantly impact insurance rates.🛟 Pollution and salvage coverage are important considerations.🏠 Liveaboard status should be disclosed to ensure proper coverage.💭 ABOUT CURRENT YACHTS Current Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.Discover the Current Yachts difference: professional service without the bloated pricing. Join us at https://currentyachts.com/

This episode of Full Displacement delves into the intricacies of yacht financing, featuring insights from experts Kim Madigan and Melanie Jolles, from Newcoast Finance. They discuss with Current Yachts' Maryline Bossar and Amanda Haley the importance of early financial planning, the differences between fixed and variable rate loans, and the role of brokers in securing the best financing options. The conversation also covers common misconceptions about yacht loans and the significance of understanding credit requirements and debt-to-income ratios.Key Takeaways: ⏰ Early financial planning is crucial for yacht buyers. 🏛️ Fixed and variable rate loans offer different benefits. 💰 Brokers can provide access to a wide range of financing options. 🧐 Understanding credit requirements is essential for loan approval. 🧮 Debt-to-income ratio plays a significant role in financing decisions. 📉 Misconceptions about yacht loans can lead to financial pitfalls. 🛥️ Yacht financing is more complex than traditional loans. 💪 A strong credit history can impact loan terms. 👩🏻‍💼 Brokers help match clients with suitable lenders. ✌🏼Strategic financial planning can enhance yacht ownership experience.Contacts: Kim Madigan and Melanie Jolles, Newcoast Finance https://www.newcoast.com/Kimberly-Mad... https://www.newcoast.com/Melanie-JollesOwn Your Dream Yacht! 🧭 Did You Know? You can finance a yacht for up to 20 years! Use the Newcoast Yacht Calculator: https://mmax-my.sharepoint.com/:x:/g/...💭 ABOUT CURRENT YACHTS Current Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How? 1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money. 2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way. 3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement. Discover the Current Yachts difference: professional service without the bloated pricing. Join us at https://currentyachts.com/

In this episode, Patrick Wehrly, CEO and founder of the Wehrly Group, discusses the intricacies of maritime tax planning and yacht ownership. The conversation covers common myths about yacht tax benefits, the importance of proper financial planning, and strategies for maximizing tax efficiency. Patrick shares insights into the challenges and opportunities in the yachting industry, emphasizing the need for accurate information and professional guidance.Key Takeaways: 🔎 Yacht ownership requires careful financial planning and understanding of tax implications. 🚫 Many myths exist about yacht tax benefits, often leading to misinformation. 📚 Patrick Wehrly emphasizes the importance of professional guidance in maritime tax planning. 📉 Bonus depreciation offers significant tax advantages for yacht owners. 📄 Proper documentation and business planning are crucial for tax efficiency. 🛥️ Yacht ownership can be a lifestyle investment rather than a financial one. 🏠 Understanding the difference between depreciation of yachts and real estate is essential. 🔻 Exit strategies should be considered from the beginning of yacht ownership.🤝 Collaboration with financial advisors and brokers is key to successful yacht ownership.⚓️ The yachting industry offers both challenges and opportunities for investors. Contacts: The Wehrly Group: https://thewehrlygroup.com/ Learn more about buying a yacht in charter: https://currentyachts.com/buy/buy-a-y... Contact Current Yachts: https://currentyachts.com/contact💭 ABOUT CURRENT YACHTS Current Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How? 1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money. 2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way. 3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement. Discover the Current Yachts difference: professional service without the bloated pricing. Join us at https://currentyachts.com/

Welcome to Full Displacement, a podcast produced by Current Yachts. We're here to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market. In this episode of Maryline Bossar, Amanda Haley, and Sam Durso discuss the intricacies of yacht brokerage, the importance of buyer representation, and the evolving landscape of the industry. They explore the challenges of selling yachts, the significance of professional listings, and the benefits of a service-based model over traditional commission structures. The conversation also touches on the parallels between yacht sales and real estate, emphasizing the need for transparency and education in the market.Key Takeaways:🛎️ Yacht brokerage is shifting towards a service-based model. 🖥️ Professional listings significantly impact yacht sales. ✍🏼 Buyer representation agreements protect buyers' interests. 🔎 Transparency is crucial in yacht sales. 🏫 The yacht industry is far less regulated than real estate. 💰 Holding costs should be carefully considered when pricing yachts. 🤝 Co-brokerage terms are a critical strategy in yacht sales.❤️‍🩹 Emotional attachment can lead to pricing mistakes. 😵‍💫 The yacht market is becoming more fragmented. 🎓 Education is key for both buyers and sellers. Resources Quoted in the Episode: Current Yacht's Seller Calculator: https://currentyachts.com/sell/calcul... Prelude Leopard 46 Power Catamaran listing: https://currentyachts.com/boats/2024-... IYBA Code of Ethics: https://iyba.org/bylaws (Article XV)💭 ABOUT CURRENT YACHTS Current Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How? 1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money. 2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way. 3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement. Discover the Current Yachts difference: professional service without the bloated pricing. Join us at https://currentyachts.com/