keyboard_arrow_left See all news

Recent News

18 May, 2022 /
Seawork Press FP
Ready for action at SEAWORK 2022 
A selection of Gemini RIBs will be on show at Seawork 2022; three commercial Geminis wil...
18 May, 2022 /
Seawork Press FP
Women in Maritime Day - why the tides are turning for women
UKSA, the Isle of Wight based charity and leading maritime training academy, recently an...
18 May, 2022 /
Seawork Press FP
Strategic order guarantees supply pipeline
​​​​​​​Disrupted global logistics and supply chain bottlenecks have caused...
17 May, 2022 /
Seawork Press FP
Going from strength to strength
Soaring demand has led to new and larger premises and an expanding team to fulfil all th...
17 May, 2022 /
Filip Stefanovic
Spillover effects
How the construction industry can stem water pollution at source
10 Jun, 2019
keyboard_arrow_left See all news

ABYA Warning: 'Buyers beware of Broker credentials'

Jane Gentry, the CEO of the Association of Brokers & Yacht Agents warns buyers to be aware of boat brokers' credentials when buying a vessel.

“It sounds like remarkably simple advice, but you’d be surprised how many people can start the buying process without doing some very basic research,” explains Jane Gentry. “The majority of the problems we see every day can be nipped-in-the-bud if buyers do some simple research at the start of the process.”

“The ABYA logo is a world-renowned mark of quality and service in the Brokerage sector. Unfortunately, some less scrupulous traders can misuse the logo and claim to be ABYA Members when they are not.”

By visiting the ABYA website buyers can check the latest list of bona fide ABYA Members to ensure they are dealing with a qualified, experienced, professional. “A professional is someone who has theoretical knowledge, practical experience and is an active member of a professional body, so completing one course is a good start, but it’s not the whole story.”

“ABYA has been setting the standards in broking and legal conveyancing since 1912 and the Association offices provide our Members with an unparalleled wealth of knowledge, advice and support throughout their careers.”

When buying a vessel, ABYA Brokers make the difference. ABYA brokers have simple sole-listing agreements as well as professional print and online adverts; they handle all the buyer liaison and have standard S&P agreements; they will arrange viewings and inspection access; they have separate Client Accounts for secure holding of funds and will ensure the correct legal conveyancing of title documents.

“Get the right advice – look for the logo and check the ABYA website for the current list of ABYA Members. Buyers should make sure their broker has the right credentials to claim they are an ABYA Member, after all, the ABYA logo is the difference between a salesman and a Broker,” concluded Jane Gentry.

Visit ABYA on stand SB53

Processing. Please wait.
Loading...