Step By Step Approach
Simply add Todd to your team of advisors, and he’ll guide you through each step of the superyacht purchasing process, and beyond.
Your Perfect Yacht
His expertise will help you identify your precise requirements, and help you identify the best yachts around the world off-market and publicly listed for you to consider. This early discovery phase of buying a yacht is the most important time of the yacht-buying process.
Market Analysis
Supported by one of the most forward-thinking and knowledgable yacht brokerages in the industry, LIME, who have decades of expertise representing yacht owners around the globe, Todd will present a full market analysis of yachts for sale when you’re ready to buy a yacht.
Pros and Cons
His 30+ years of expertise will help you identify your precise requirements, and he will hand-pick a selection of the most suitable yachts for you to review and see. He will explain each detail, and guide you through the benefits each yacht has, and how they will enhance your yachting experience and enjoyment.
Industry Expertise
Todd is well connected in the yachting industry and knows the right specialists to contact throughout your yacht buying process. From maritime attorneys, to insurance, surveyors, shipyards, and beyond, he has the right expertise at his fingertips so that your yacht buying process is smooth and simple.
Making the Offer
His expertise and the market analysis of listed and sold yachts will help you identify your offer price. He will explain the terms, draft, and submit your offer with specific addendums for your yacht purchase. He will then present your offer and use his proven methods to negotiate the best price.
Offer Acceptance
Negotiations may take as many as few weeks to complete. Upon acceptance, Todd will orchestrate the buying process with the buyer. This includes coordinating surveys, sea trials, insurance, dry-docking, regulatory review, and establishing an entity that may own the yacht.
Due Diligence
The next step is Due Diligence and Conditional Acceptance from the buyer, where it is the seller’s responsibility to perform and the buyer’s option to accept the yacht for purchase. This includes sea trials, engine, mechanical, electrical, and safety inspections of the yacht.
Yacht Acceptance
Upon completion of due diligence, a list of deficiencies will be reviewed. Some will be acceptable while others will require the seller to repair or make a concession. This is called the Conditional Acceptance which is submitted by the buyer prior to closing.
Yacht Closing
Once the conditional acceptance is signed by both parties, the inspection period is complete. Preparations for closing now begin, which include drafting closing documents, binding insurance, and delivering the yacht to its handover location. On closing day, documents are exchanged, signed, and the closing is complete.
Post Sales Support
The same as your in-house counsel or family office, Todd is an extension of your advisory team. Before, during, and after buying a yacht, you won’t have to go it alone. There 24/7, he extends his 30+ years of expertise, giving you maximum enjoyment, peace of mind, and expertise that only he can provide.