How BoatList Works
What is Boatlist?
BoatList™ is an online marketplace for boating enthusiasts, brokers and dealers to buy and sell boats online quickly, safely and without negotiating.
Full Disclosure Guaranteed!
The “No Surprises” guarantee means BoatList protects buyers. Winning bidders have the right to survey the vessel before finalizing the sale. If a boat has been misrepresented and the parties can’t come to terms, there’s a way out. Learn more about Buyer’s Rights.
Every auction listing has a free Boat History Report, the Carfax of the boating world, so you can bid with confidence. Boat History Reports check for damage including:
- Run Aground
- Total Loss
- Registration History
- Title History
- And More…
Video Sea Trials
BoatList takes every boat out on the water and documents the performance of all major systems and accessories with photos and videos. If something you see, or don’t see raises questions, ask the seller about it in the auction chat.
Get Alerts When Your Favorites Are Listed For Auction
Go to Categories or Makes & Models to follow the boats you care about. Just tap the bell icon to get an alert when your favorite categories, brands or models are listed for auction on BoatList.
Coming Soon / Make Offer
During the auction preview period anyone can make a private offer to the seller. Just login, add a credit card to your profile and send your offer. Once the auction starts, bidding begins and the offer feature is no longer available.
Every auction has a reserve price unless the auction is labeled “no reserve.” The exact reserve is not published, but is usually 10% – 20% below comps you see listed online. To win the boat, keep bidding until the reserve indicator turns green and you are the high bidder.
Sellers pay a $125 listing fee if the boat is accepted for auction on BoatList. There are no other fees for sellers. Winning bidders pay a 5% buyer’s fee to BoatList in addition to the price of the boat. The buyer’s fee is capped at $20,000. Bids over $400k do not increase the buyer’s fee.
Bidding & Credit Card Holds
BoatList puts a hold on your credit card for the amount of the buyer’s fee when you bid or make a private offer. This is NOT a charge. A hold only ensures there is sufficient credit available if your offer is accepted or you win the auction. Your bank may notify you – or decline the hold. Be prepared to green light your bidding activity with your bank. You will only be charged the buyer’s fee if you win the auction. Holds are released when you are outbid or the auction ends without clearing the reserve – however, your bank will not notify you when a hold is released. If you bid multiple times, it can appear as if you have multiple holds. There is always only one hold, for one bidder, per auction.
Completing the Sale
The buyer and the seller receive each other’s contact information and complete the transaction as they normally would between themselves, or themselves and the lien holder. BoatList has vetted Buyer Resources standing by including companies specializing in shipping, financing, insurance and title transfer services to help if needed. See Finalizing the Sale for more info.
Selling on BoatList
Private sellers, dealers and brokers are all welcome. BoatList charges a low $125 listing fee and creates the best, most detailed boat listings in the industry, complete with a video sea trial and over 100 photos. Sellers don’t pay a commission and get 100% of the sale price – so brokers can do their splits as usual and even list boats currently under contract. Submit a Boat for auction here.
You have the following rights
- All BoatList users have the right to expect boat auction listings to be honest, accurate and complete. Sellers have agreed to disclose any material issues that affect the operability or value of the boat in a substantial way.
- BoatList provides a Boat History Report (like a Carfax) for every listing at no cost.
- Most sellers will show the boat upon request. Please email email@example.com to setup an appointment.
- Users can ask the seller questions on the BoatList website about the boat in the chat at the bottom of each auction listing.
- Post auction or offer acceptance, the buyer has the right to survey and inspect the boat. If any undisclosed material issues that affect the operability or value of the boat in a substantial way are discovered, there are three options.
- Both parties agree to a price adjustment and finalize the sale.
- The seller remedies the undisclosed material issues and the buyer pays the auction high bid price.
- The seller refuses to remedy the undisclosed material issues and will not agree to a price reduction. In this case, the buyer can file a complaint with BoatList. If upon review of the boat survey undisclosed material issues are confirmed, the buyer may abandon the transaction, the buyer’s fee is refunded and charged to the seller for misrepresenting the boat. This decision is solely at the discretion of BoatList.
In summary: BoatList users have the right to expect a boat’s appearance and performance to match what is presented in the listing description, photos and videos. They also have the right to expect any issues that are not visible or obvious to be disclosed in the listing description. However, as a consequence of bidding or making a private offer, users explicitly agree to accept all disclosed issues and imperfections as is.
Learn more here: Buyer FAQ
Once you’ve found a boat you’re interested in, here are the steps you should take to buy the boat on BoatList.
Register to bid and make offers
To place bids or make an offer on BoatList, please first Register to Bid with a valid credit card, email address and phone number. Buyers pay BoatList a 5% buyer’s fee when their offer is accepted or they are the winning bidder of an auction. (min. $500 – max. $20,000).
Perform due diligence
- While we’ve tried to make buying a boat online as safe and easy as possible, it’s ultimately your responsibility to perform your own due diligence and make sure that the boat you’re considering is right for you – prior to placing a bid.
- Review the listing and read the description thoroughly, including known flaws, recent maintenance, photos, videos, etc.
- Review the free Boat History Report we include near the top of every auction listing.
- Ask the seller via the public auction chat Q&A any questions that you may have about the boat.
- Arrange to inspect the boat in person, or work with the seller to schedule a pre-purchase inspection or survey by a reputable professional in their area (at your cost). Check out Buyer Resources for a list of certified marine surveyors in your area.
Arrange financing and logistics
- As a reminder, if you plan to finance this purchase, work with your lender to get your financing approved ahead of time – and keep in mind that some lenders may require specific vessel information and may have year and hours restrictions.
- Discuss transportation and storage timelines (if applicable) with the seller, and if you’ll be shipping the boat, get a shipping quote in advance.
Checkout Buyer Resources for vetted shipping and financing resources.
Bids & Offers
- When you bid or make an offer, we place a hold on your credit card for the buyer’s fee – if you win or your offer is accepted, your card will be charged and you will pay the seller directly for the vessel, otherwise, the hold will be released at the auction’s end, or when you are outbid. Learn more about Buyer’s Fees.
- Bids and private offers are binding, so only bid or send an offer if you fully intend to purchase the boat and you have performed the requisite due diligence because there are no refunds.
- All auctions have a reserve price unless the auction is labeled no reserve.
- To ensure the bidding process is fair for everyone, bids placed within the final minute of the auction will reset the auction’s time remaining back to 2 minutes – giving others the opportunity to bid.
Buying a Boat
- To buy a boat on BoatList you must have an offer accepted by the seller during the auction preview period (prior to the auction start), or win the auction by ultimately being the highest bidder – and, if the auction has a “Reserve,” by placing a bid that meets or exceeds the seller’s hidden “Reserve” price. If the auction has “No Reserve,” then the highest bidder wins regardless of the amount they bid.
- After the auction closes, you’ll be provided with the seller’s contact information and vice-versa, in order to finalize the details and logistics of the transaction. Buyers are expected to pay for the vehicle in-full within a week of the auction closing. Check Finalizing the Sale for more info.
Individuals and brokers alike are welcome to sell boats on BoatList. Get bids instead of offers and save yourself the hassle of finding the right buyer on your own. BoatList is the best and cheapest way to sell a boat in just 7 days.
Submit a boat
- It’s free to Submit a Boat. We simply ask you for a few details – including the Hull ID number, some photos, and a brief description.
- Our experienced auction team will review your submission and may ask you some follow-up questions. We will do our best to give you an answer about accepting your submission within 2 business days. Not every boat is right for BoatList, but we always appreciate you taking the time to submit your boat to us! Check our Listing Guidelines for more information.
- If your boat is accepted, you pay a $125 listing fee and we work with you to write the listing and source the media.
Prepare the listing
- Once your submission is accepted, we’ll need some additional information from you – like detailed photos, some specific videos, service and ownership history, etc. Don’t worry – we’re here to help you throughout the process!
- Before you can sell on BoatList, your boat must not be listed for sale elsewhere – meaning you’ll have to remove any other advertisement for your boat and you cannot accept offers outside of the auction. LIve auctions cannot be ended early for any reason.
- Take excellent photos of your boat to get top dollar – hire a professional, or review our Photography Guide before snapping your own pics.
- We require a walk-through video of your boat, and a video while running on plane showing the RPM’s and fuel burn at cruising speed for each motor – just shoot them on your phone in landscape mode and upload to YouTube or Vimeo. If you have a drone, or choose to hire a professional, an aerial video of your boat is highly recommended.
- Review the process for transferring boat titles in your state – and, if you have a loan on the boat, review the process and timeline for paying it off with your lender.
- Get ready for a thrilling 7-day auction and be prepared to engage with the community and answer questions as they arise.
Finalize the auction
- Upload the photos and videos to our Dropbox account.
- Once you’ve provided us with all of the necessary information and files, we’ll create an engaging multimedia listing for you to approve.
- Once you’ve reviewed and approved it, we’ll work with you to schedule your auction, and it will go live shortly thereafter!
Participate in the auction
- During the auction preview period you may get questions from potential buyers – or a private offer. BoatList will notify you by email. Please login, and go to the auction chat at the bottom of the listing to reply, hide questions, or accept a private offer (private offers are not visible to others).
- Timely and positive seller participation, like responding to questions in a timely manner is crucial to a successfully selling the boat online. Good seller participation will result in additional interest, private offers, more bids, and a higher final sale price.
- Interested bidders may contact you through BoatList by emailing firstname.lastname@example.org to schedule a pre-purchase inspection or marine survey (at their cost), and ask additional questions.
- Enjoy the final minutes – many of our auctions end with thrilling bidding wars, so get ready!
- Once your auction ends, you’ll be given the buyer’s contact information and vice-versa, in order to finalize the details and logistics of the transaction. Learn more about Finalizing the Sale.
- If your auction had a reserve and it was not met, we’ll reach out to you and the highest bidder to see if we can help make a deal!
Once a boat is sold on BoatList, we connect the buyer and seller so they can complete the vessel sale directly. Here are our recommendations and tips for ensuring a successful post-auction transaction – and remember, we’re here to help!
- Reach out to the other party to introduce yourself as soon as the auction ends, and remember to stay polite and positive to ensure the process goes smoothly.
- We recommend that the seller provides proof of ownership to the buyer – usually, that’s a photocopy or picture of the title and registration.
Trading Up with a Sales Tax Credit?
If the seller is trading in the auctioned boat against one being purchased from a dealer or brokerage, we recommend completing the transaction through that dealer or broker to reduce your sales tax liability and to streamline the transaction. After your auction ends, your broker / dealer can accept your boat as a trade, and sell it on to the winning bidder at the winning bid price – saving you a bunch of cash, collecting a deposit / payment, and helping you complete the transaction.
Payment & Documentation
- Buyers are expected to pay for the boat in-full within a week of the auction closing.
- If there’s an outstanding loan on the vessel, the buyer and seller should discuss how it will be paid off and the specific next steps, so that the buyer can complete the transaction safely.
- If the seller has funds to pay it off, they should do so as soon as possible, and provide proof from the lender that it has been paid off.
- If the seller does not have the funds, the buyer may be able to pay the outstanding amount owed directly to the lender and then pay the remainder of the purchase price to the seller.
- An accurate Bill of Sale should be created, including the terms of the transaction, to be signed by both parties; we recommend checking with your state for Bill of Sale templates and requirements.
- We recommend wire transfers or cashier’s checks for payment, but there are many possible options – including meeting at the buyer’s/seller’s bank to draft up a cashier’s check, withdrawing the funds directly, or completing an electronic money transfer.
Checkout Buyer Resources for financing resources.
Shipping / Taking Delivery
- Arrange for the boat to be picked up and finalize the transaction. The vessel and title should only be released once the seller has the full payment in hand.
- If the transaction is happening remotely, the seller should mail the signed-over title to the buyer via courier service with a tracking number once payment is in hand.
Checkout Buyer Resources for vetted shipping resources.
Share Your Success Story
Email the BoatList team a photo of the handoff to share your success story – we’d love to hear about it!
What are the fees for the buyer on BoatList?
As with most all auctions, buyers pay a commission. In addition to the final purchase price paid to the seller, buyers pay a buyer’s fee to BoatList in the form of 5% commission, based on the winning bid. The minimum is $500 and the maximum is $20,000. That means any bid above $400k will not trigger higher buyers’ fees. The buyer’s fee is charged to the winning bidder’s credit card on file.
Why do you place a hold on my credit card when I bid?
We place a hold on your credit card when you bid in order to account for the possibility that you may have to pay the buyer’s fee, should you end up as the winning bidder. The hold is for the amount of the buyer’s fee based on your bid amount, with a minimum of $500. The hold is released automatically if you are outbid, or if the auction ends without the highest bid exceeding the reserve.
How do I register to bid?
- Click Sign Up in the header bar, or scroll down to the bottom of most any page and click Join BoatList.
- Create a user account by providing your personal information and selecting a password. You can now create live auction watchlists and set notifications for when specific types of boats are listed for auction.
- Add a credit card in order to bid on boat auctions.
How do I place a bid?
Once you’ve registered and added a credit card to your account, simply go to the auction listing for the boat your are interested in and tap or click Place Bid. Once you place a bid, we put a hold on your credit card for the corresponding buyer’s fee until you are outbid or the auction ends, in case you end up as the winning bidder.
How do bidding increments work?
Bid increments increase as follows
- $250 for first $49,999k
- $500 for from $50,000 – $149,999k
- $1,000 from $150,000 and up
What currency does BoatList use?
BoatList exclusively uses USD for all bids, payments and transactions.
Can I bid if I live outside of the United States?
Yes, however you will need to pay in full for the vessel promptly following the close of the auction, just like all other buyers. Additionally, any logistics, import fees, transportation, legal dues, and/or other items needed to export/import the vessel are entirely the buyer’s responsibility. Please ensure you’re aware of all these rules and you have everything fully in place prior to bidding. The close of the auction is not the time to begin researching transportation logistics and import regulations.
Checkout Buyer Resources for vetted shipping resources.
Is there proxy bidding?
No. If you are outbid, you will need to manually input your next bid. Note that the price of the vessel will immediately progress to your bid amount. For example, if the current high-bid is $50,000 and you input a $55,000 bid, the current high bid will immediately go to $55,000.
What’s the reserve price of the boat I want to buy?
If a listing doesn’t have a reserve, you’ll see a “No Reserve” tag along with a “No Reserve” text near the bidding box. If you don’t see this text, that auction has a reserve price. Reserve prices are not published, and we ask that buyers refrain from asking sellers about reserve pricing during the auction. The only time you’ll know if the reserve is met is if the boat sells at auction close.
What if the reserve isn’t met?
If you’re the high bidder on a boat auction where the reserve isn’t met, we’ll work with the seller and the buyer in an attempt to find a sale price that’s suitable for both parties. If we’re able to reach an agreement, we’ll put the buyer and seller in contact.
Once the auction is over, how do I complete the transaction?
At the conclusion of the auction, both the buyer and seller are provided with each other’s contact information to complete the transaction. Read more about Finalizing the Transaction.
How do I arrange for financing?
If you would like to explore financing options, keep in mind that the time to get approved for a loan is prior to bidding! The information provided in the listing is often sufficient for pre-approval for that specific vessel, but if other information is required by your lender, please reach out to the seller through BoatList by emailing email@example.com.
How do I pick up the boat?
Transportation costs are always the buyer’s responsibility, so we recommend gathering personal travel and/or shipping cost estimates prior to placing your bid. Some common strategies for collecting a vessel include:
- Booking a one-way flight and/or car rental and making the trip home on the water – after all, what better way is there to get to know your new boat?
- If the boat comes with a trailer, using your own truck to tow it home.
- Using a shipping company to pick up and deliver the vessel.
- Hiring a Captain to transfer the vessel to the location of your choice.
Please be sure to verify that a general timeline you’re anticipating would work for the seller prior to bidding. Some sellers may be happy to store the boat briefly to allow you time to pick it up, and may also be willing to bring the boat to a nearby location for it to be loaded onto a shipping truck. Note that title transfers, paying off loans, etc. may take a little bit of time. When in doubt, contact the seller and make sure the timing works for them! Make sure to consider the shipping costs prior to bidding!
How do I pay the seller safely?
- We recommend wire transfers or cashier’s checks for payment, but there are many possible options. We do recommend discussing the potential timeline with the seller as early as possible to ensure that you’re both comfortable with the timing and steps.
- Note that some states can take several weeks to reissue a title once the loan has been satisfied. Additionally, some states require titles to be notarized by the seller before it can be transferred to you, so pay attention to those rules – and reference state websites – before sending important documents.
- Read more about Finalizing the Transaction
Are there rules to follow for the Q&A on a live auction?
- Yes! BoatList does not allow general comments about auction listings, as they generally are not relevant to the specific lot being auctioned, and tend to benefit neither bidders or sellers. Instead, we only allow questions about the specific lot, its condition, specifications, history, usage, maintenance, any upgrades or damage, etc. The answers will benefit you and all other bidders as well.
- If you have questions about financing, shipping or other topics that may be more private in nature, please contact the seller by emailing firstname.lastname@example.org. Please include the auction title or lot number with your questions.
- Do not use foul language, personal attacks or attempt to share your contact information with the seller. We also do not permit bidders asking sellers about the reserve price.
How much does it cost to sell a boat on BoatList?
There’s no cost to submit your boat for inclusion. Once accepted, the listing fee is $125. There are no commissions, so you keep 100% of the sale price.
Will I lose out on reducing my sales tax liability by not trading in my boat at a dealer?
You can auction your boat on BoatList and still trade it in towards your new boat at the dealer. Rather than accept a low trade in offer from the dealer, get the most money by finding your own buyer on BoatList – then simply finalize the transaction through your dealer so they end up with the funds and you get the sales tax credit.
How do you choose which boats are accepted?
We reserve the right to refuse listing boats on BoatList for any reason. However, please check our Listing Guidelines to get a better idea of what we look for. In most cases, we can work with sellers to get their boat listed on BoatList.
How / where does BoatList promote my listing at no cost?
Our business model depends on there being plenty of buyers on BoatList at all times. There’s no risk for sellers, as they control the reserve price. However, BoatList only gets paid the buyer’s fee when an auction closes above the reserve. That’s why it’s in our best interest to promote all live auction listings online, including social media channels like Instagram, Facebook, YouTube, and TikTok.
Can I sell a boat if I live outside the United States?
Yes, as long as your boat is located in the US. We may offer international auctions in the future.
Can I sell a boat if I live in Hawaii, Alaska or Puerto Rico
Yes, as long as your boat is located in the contiguous United States. We may offer auctions in Puerto Rico, Hawaii and Alaska in the future.
How do I submit a boat for sale?
Simply go to the Sell a Boat page, select Individual or Multiple and fill out the submission form. All you need are a few good photos of your boat – the shoot comes later.
What information do I need to provide in order to sell my boat?
We’ll ask you some questions about the boat, its use and where it’s been stored. We’ll also ask you to submit a few photos so our staff can review and approve your listing.
What happens after I submit a boat?
One of our Auction Specialists will review your submission and get back to you, typically within 2 business days. If we accept your vessel for auction, you pay a listing fee and your account manager will begin to source the information and media for your listing, as well as share next steps.
How do I take the best pictures and videos of my boat?
We can’t emphasize enough how important quality photos and videos are for a successful online auction! With this in mind, go check out our Photography Guide to get tips and directions on what to source and submit. Keep in mind we have partnered with a national network of professional photographers that come to you starting at less than $300.
Can you help me find a photographer / videographer
Yes, have professional photographers / videographers that come to you starting at less than $300. Simply go to your Account Profile, click on My Listings and buy the photo package. Your Auction Specialist will contact you to schedule the shoot.
Who writes the listing description for my boat?
After you provide us with all of the information about your boat, we’ll write the actual auction listing content and share it with you for feedback and approval. We won’t go live without your consent, and we do our best to make our auction descriptions simple, objective, and direct, focusing on only the most important details to help bidders make their decisions.
How long does it take before my listing is ready / scheduled?
Although we don’t offer the ability to precisely schedule your auction, we allow our sellers to provide preferences. If you’d prefer a certain start date, or if you’d prefer if your auction wasn’t live during a certain week (for example, due to a vacation or business trip), let us know and we’ll do our best to accommodate you.
Can I schedule when my boat auction starts?
Once you have provided all of the information about your boat, including the photos and videos, and once you approve the auction listing content we do our best to schedule the auction for the following week.
Can I keep my boat listed for sale during the auction?
No – vessels listed on Boatlist are for sale exclusively through the auction – otherwise you may not have the boat available for the winning bidder. You must discontinue all other ads, both online and offline, as well as any listing agreements with a boat broker BEFORE the start of the auction.
Can I try to make a deal outside of the auction?
No. All boats listed on BoatList for live auctions must be available for the winning bidder when the auction ends. If a buyer or seller attempts to make a deal in an attempt to subvert the auction, we will permanently ban you from the site and you forfeit any fees paid to BoatList.
Will I have to meet with potential buyers?
Potential buyers can contact you through BoatList by emailing email@example.com — for instance in regards to financing or to ask about how soon they may need to take delivery should they win the auction. Some buyers may live close by, or be willing to travel to inspect your boat. Some may even want a professional survey performed by a marine professional. We encourage you to meet all interested buyers and allow them to survey the vessel at their cost if they so desire. Generally, bidders who are willing to spend their own money to inspect or survey a boat are serious buyers and should be treated as such.
How long does an auction last?
All auctions run for 7 days once they are launched. Any bid placed during the last 2 minutes of every auction will extend the auction by another 2 minutes to protect against sniping and to allow other bidders a final opportunity to bid.
Can I edit my auction once it’s live?
Yes and no. You cannot change the information in the auction listing once the auction goes live, however, you will be able to work with your Auction Specialist, as well as the Live Auction Dashboard to add more photos or videos throughout the auction process.
Can I cancel my auction after it’s gone live?
No, we do not cancel live auctions. We require that your listing be exclusive to BoatList during the time that your auction is live.
Can I put a reserve price on my auction?
- Yes, we offer sellers the choice between a “reserve” and a “no reserve” auction. A “reserve” is a minimum price that a seller is willing to accept for a boat, which is unknown to buyers during the auction. A “no reserve” auction has no minimum price, meaning the boat will sell for the amount of the high bid.
- If you choose a reserve auction, we will ask you to suggest a reserve price – but we may ask for a lower one before we’re willing to list the boat for sale. If we can’t agree on a reserve price, no hard feelings – of course, you’re free to sell the boat elsewhere.
Can I lower my reserve after the auction goes live?
If you decide during the auction that you want to adjust your reserve, you can lower it at any time. Simply click the “Lower reserve” icon in your Live Auction Dashboard, and enter the new lower reserve.
Can I bid on my own auction listing?
No, we do not allow sellers to bid on their own listing; this behavior is strictly prohibited. We have tools in place to monitor bidding to ensure this doesn’t happen.
Should I disclose my reserve price?
We recommend never revealing your reserve, especially in the public Q&A section. We’ve found that disclosing a reserve price almost always slows down bidding, especially as the auction nears or reaches that value.
How do I respond to questions during the auction?
- BoatList features a simple but powerful messaging interface that allows you to respond to questions directly where they are asked. The system highlights any incoming questions from bidders and alerts you via email.
- We strongly recommend being an active participant by responding in a timely manner to any questions submitted in the Q&A section, as well as directly from users via email. Sellers who participate actively are the most successful. As always, staying positive and constructive with your answers will only increase confidence from potential bidders.
- Keep in mind that the buyer is a boating enthusiast just like you, and they likely wouldn’t be asking unless they’re seriously interested in your boat!
What if my reserve isn’t met?
If your reserve isn’t met, there are no winners – literally. You’re stuck with your boat, none of the interested bidders ended up with it, and BoatList loses out on the buyer’s fee. As a result, if your reserve is not met we’ll work with you and the highest bidder in an attempt to find a sale price that works for all parties.
How does the buyer get in contact with me and make payment?
All transactions for won auction lots on BoatList are between the winning bidder and the seller. BoatList provides the buyer and the seller with each other’s contact information and the two parties can complete arrangement for the final transaction via e-mail or by telephone. Read more about Finalizing the Transaction.
How do I get paid safely?
We recommend the seller send the winning bidder a photo of the title and a Bill of Sale prior to the winning bidder sending payment. We recommend that the Seller request payment in the form of a wire transfer or cashier’s check. Read more about Finalizing the Transaction.
How should I prepare for selling my boat?
- We recommend researching the timeline and steps for title transfers in advance of the auction to ensure that you know the appropriate selling process in your state. Note that potential buyers are encouraged to reach out to discuss the post-sale arrangements, in case they are the top bidder. Please engage with them to develop a suitable plan, and be up-front about your expectations!
- If there is a loan on a vessel, please research the necessary steps to pay off the loan and transfer the title, and have a plan ready to do so upon the close of the auction – the more prepared you are, the more efficiently you can sell the boat!
- Note that some states can take several weeks to reissue a title once the loan has been satisfied. Additionally, some states require that you notarize the title before it can be transferred to the buyer, so pay close attention to those rules – and reference state websites – before sending important documents.
Do I need a Bill of Sale?
- We always recommend drafting up a Bill of Sale that describes the Make/Model/Hull ID number of the vessel being sold, the purchase price, and the terms of the transaction (ie date(s), if any additional items come with the boat, etc.). Both the buyer and seller should sign and date the Bill of Sale and each should keep a copy for their records.
- BoatList offers a Bill of Sale template free of charge in the Buyer Resources section.
- Your state’s DMV website may have vehicle/vessel Bill of Sale templates. Additionally, we recommend a simple and free service such as eforms.com.
What if the winning bidder doesn’t follow through with the purchase?
- It’s very uncommon that a winning bidder fails to follow through on BoatList without discovering undisclosed issues. We charge buyers a fee that is usually in the thousands, or even tens of thousands of dollars (based on the sale price). In the unusual event that a buyer abandons a deal, the winning bidder forfeits their buyer’s fee — and they are permanently banned from BoatList.
- If your buyer fails to follow through without cause, we’ll immediately work with the next-highest bidder(s) in an attempt to sell your vessel at an agreed-upon price. In the event that we can’t strike a deal, we may offer to re-list your boat free of charge, or refund the $125 listing fee.
- If however, during the inspection or survey the buyer discovers undisclosed material issues that affect the value or operability of the boat in a substantial way, the seller is responsible to remedy the undisclosed issues or work out a price adjustment with the buyer. If the seller refuses both options, the buyer can file a complaint with BoatList and abandon the transaction for cause. The buyer’s fee is refunded and the seller becomes responsible for the buyer’s fee due to misrepresenting the boat. This decision is solely at the discretion of BoatList.
How long do you keep past auctions available for review?
We keep all auctions perpetually available for all to see regardless of their outcome. We do this because we feel it’s essential to be transparent in order to build trust within the enthusiast community, and to create a marketplace that is also a valuable resource for enthusiasts to research pricing trends.
Creating a BoatList account is easy. Go to the registration page, enter your email address, create a password, accept the terms and conditions and click Register.
Why do I need a user account?
You don’t need an account to enjoy and view all the content on Boatlist. However, if you want to follow specific content or auctions, ask questions, bid on or sell boats, you will have to create an account because you can not do any of that anonymously.
Why do you need my email address?
All users need to provide an email address. This is the address where you’ll receive your selected listing notifications, communication from our team about your auctions or bids, and the address that is shared with the other party when you win an auction or sell a boat.
What do I do if I forgot my password?
Click on the Login icon in the main navigation menu to activate the login screen and click the Forgot password? Link. Enter your User ID or email address and you will receive an email with instructions to set a new password.
Can I change my user name?
Yes, you can change your user name in your account profile. In the main navigation menu, click or tap on the icon to go to your Profile, enter a new user name and click on Update.
How do I change my email address?
Yes, you can change your email address in your account profile. In the main navigation menu, click or tap on the icon to go to your Profile, enter a new user name and click on Update.
I messed up my login, who can help me?
Contact us to firstname.lastname@example.org.