Professional Advice from Yacht Broker Captain Sheldon Caughey

1. To Buying
a YachtProfessional Advice from
Yacht Broker Captain Sheldon Caughey
Updated September 30, 2017 facebook.com/bajamarinecabo @bajamarinecabo

2. ‘’I recommend that every client
should be represented by a
broker who has at least 10 years
of experience.’’

3. ‘’Tell the broker the type of vessel you
want to purchase and what it would
be used for. Also, provide the broker
with a budget and if you will be
financing the vessel.’’

4. ‘’Have the broker research all of
vessels available in the size, price,
and location where you are
considering to make the
purchase.’’

5. ‘’Have the broker provide you with
a current list of similar sold vessels
(Soldboats.com), so you can make
a reasonable offer for the vessel
you are choosing to buy.’’

6. ‘’There are various engine packages
and major pieces of equipment that
are more desirable than others. So
be sure to consider re-sale in
selecting models and engines.’’

7. ‘’Upon selecting any vessel,
make sure your offer is
contingent upon a Marine
Survey and a Sea-Trial.’’

8. ‘’Always have an engine and a
hull survey evaluation, and
have the Marine Surveyor on
board when conducting the
sea-trial.’’

9. ‘’Also be advised that the seller of
the vessel should pay for any
major defect that affects the
structure and safety of the
vessel.’’

10. About Captain Sheldon
‘’I am a member of the National Association of
Marine Surveyors - N.A.M.S (SA) and I was previously
an Accredited Marine Surveyor (AMS) with the
Society of Accredited Marine Surveyors aka S.A.M.S.​
I hold a USCG Captains license as Master, Power and
Sail 'Offshore' with a Towing Endorsement. And I
am graduated from the California Maritime Academy
with a BSME in Marine Engineering with over
100,000 miles at sea.
I also spent 25 years as a licensed yacht broker in the
San Francisco Bay area and have personally owned
or managed yachts up to 80 feet.’’
For any questions, comments, or concerns please
email office@bajamarinecabo.com