How do you know that you are dealing with a reputable broker?

By Martha Lukasik

Nowadays, your google search result will come up with numerous charter companies and charter brokers luring you with best deals & best service. How do you choose a credible and reputable broker? Whom should you trust?

Making sure your next dream charter is being handled by the right broker and does not turn into a very expensive disaster holiday, is no easy feat. Here are some things to consider when looking for a fantastic broker who is not only trustworthy and ethical but also excellent at her/his job.

Luxury lifestyle – M/Y Amarula Sun

It’s important to find a broker who will recommend the yachts which suit your personality and taste. The knowledge of an expert to guide you through the process of chartering a perfect yacht is crucial.

Ensure that a given charter company and a broker are the members of one or more of these professional charter industry assassinations; MYBA, IYBA, AYCA and CYBA. If a broker is a member of those organization, she or he must abide by the code of practice and conduct set down by the association, abide by industry rules & regulations and have excellent work ethics.

Family-friendly yachts

Members of those prestigious organizations must be adequately covered by worldwide Professional Indemnity Insurance and have access to the latest industry regulations & legislation, and their knowledge is up-to-date, and they follow the changes in legislation, tax laws new projects.

They have access to the most comprehensive yacht base and the entire prestigious fleet of yachts available worldwide. Hence, a great choice of locations in the MediterraneanCaribbeanEuropeAmericaAsia and Pacific will be available to you.

A reputable broker should have some years of experience in the yachting industry, and he/ she should attend International Charter Shows to personally inspect the vessels, review the yachts and meet the crews.

You should expect from your charter broker solid knowledge of cruising areas, weather conditions and how they can affect charter holidays. In addition, it is crucial to consider implementations of taxes on different charters, different regulations and consequences of flag states, captain & crew responsibilities, and an intimate knowledge of the terms and conditions of the professional charter agreements.

Luxury lifestyle aboard Maltese Falcon

Don’t hesitate to ask for referrals and past clients comments.

Last but not least your reputable charter broker will offer his/hers specialist service free of charge with and absolutely no extra cost to you. In fact, with broker’s negotiation experience, networks and industry knowledge he/ she will likely save you money in addition to supplying you the best boat.

Cloud 9 – running shot


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