The practice of entrusting a watercraft to a brokerage or dealer located in one’s vicinity for the purpose of sale represents a potentially advantageous method for owners seeking to divest themselves of their vessels without the direct burdens of advertising, negotiation, and transaction management. For example, an individual residing in a coastal community may prefer to engage a local marine business to handle the sale of their fishing boat.
This arrangement offers several potential benefits, including increased exposure to prospective buyers familiar with the regional boating market, relief from the time commitment associated with private sales, and the expertise of seasoned professionals in pricing, marketing, and closing deals. Historically, consignment has served as a cornerstone of the used boat market, connecting sellers with a wider pool of purchasers than would otherwise be accessible.