Yacht Sales & Marketing. Simplified

Selecting the Right Marine Surveyor

Presented by:www.SeeTheYachts.com, the #1 Listing & Marketing Portal for Yachts & Boats for Sale.

Marine Surveyor—What’s That?

• Marine Surveyor is an expert who:– Determines if your boat/yacht is sea-worthy– Can tell if your yacht/boat can withstand the perils of sea such

as rough weather and tidal conditions– Can identify if your boat/yacht need repairs or servicing before

it hits the waters– Can tell you the urgency of those requirements as well

When Do I Opt For A Marine Surveyor?

• Insuring– When insuring your boat, the insurance company would ask for

written assurance from a marine surveyor that your boat/yacht is seaworthy

• Financing– Before approving your boat loan, your financer would ask for a

certificate from a marine surveyor confirming the seaworthy condition of your boat/yacht

• Survey for Safety– A marine surveyor will be able to gauge the condition of the

boat and point out safety concerns• Ideally, your boat/yacht should be surveyed at least once a

year

When Do I Opt For A Marine Surveyor?

• If buying used boat or yacht– If you are planning on buying a previously used boat, it makes

sense to get a surveyor to evaluate the condition of the boat or yacht before you invest into it

• If selling your boat or yacht– If you are considering selling off your old boat, you can use a

Marine Surveyor’s services to determine the minimum fetching price for your old boat or yacht

When Do I Opt For A Marine Surveyor?

Selecting The Right Surveyor

• You can select– An independent Marine Surveyor– A Marine Surveyor who works for a company that’s into Marine

Surveying business• Make sure your Marine Surveyor is well experienced

– Experience in shipbuilding and construction essential• Hiring a Marine Surveyor from a reputed company is

recommended

Selecting The Right Surveyor

• Ask for references• Look for a confident and ethical Surveyor• National Association of Marine Surveyors (NAMS) is a non-

profit organization that certifies Marine Surveyors• NAMS accreditation is not mandatory, but certainly lends

credibility

How Much Does a Marine Survey Cost?

• Marine Survey costs depend upon the size of your yacht/boat• Some Surveyors charge a flat fee• Some Surveyors charge on a per square foot basis

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