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Charter Marketing
Frequently Asked Questions
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| Why should I list my yacht for charter? |
| Yacht ownership costs money, and while most vessels don’t make a sizable profit chartering, it is perfectly feasible to offset your expenses, gain potential tax deductions, and retain better, happier crew who likely will stay with you longer. |
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| Why do I need a Charter Marketing/Central Agency? |
| Without Central Agency representation, your vessel can’t be listed on the multiple listing databases that brokers rely upon for their clients, causing you to miss out on most legitimate client inquiries. Likewise, brokers won‘t recommend their charter clients due to the fact that there is no Escrow Agent to protect their clients’ funds. |
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| How, when, and how much will I receive for each charter? |
| You will receive the APA (Advanced Provisioning Allowance) 30 days prior to the charter, 50% deposit upon embarkation (less 15% Broker and 5% Central Agency commissions), and the balance the first business day after completion of the charter. Therefore, your net income will be 80% of the gross charter rate. |
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| What other expenses should I anticipate? |
| Unlike other Central Agencies, C U Yacht charters does not charge a monthly maintenance or listing fee. Our fee is earned only by booking your vessel, which we will put our every effort into. |
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| What is the procedure for listing my vessel with C U Yacht Charters? |
| In listing with us, we will take care of everything. We will inspect the yacht, obtain info on all specifications and amenities, input data and photos into the central databases, and begin our Full Service Marketing Strategy. All we will need from you is our Central Agency Agreement, a copy of the insurance and registration of the vessel, and your permission to promote your vessel. Then just respond promptly when an inquiry is received! |
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Are you ready to have your YACHT work for YOU?
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