Windward Specialty is part of Ryan Specialty Group, LLC (RSG), a global holding company which includes highly-specialized underwriting companies under the RSG Underwriting Managers, LLC brand, a London operation, wholesale brokerage and other specialty services designed specifically for agents, brokers and insurers. www.ryansg.com
Imported to UK by a previous owner in about 1989 and used very little since then. The current owner purchased the boat in 2006 and set about the major refit that was required. He managed to get the boat sailing and took her to the current berth where she has remained ever since. Unfortunately due to various other commitments he has not been able to finish the work he started.
This is an interesting and pretty boat, reportedly very fast, in need of an enthusiatic new owner to finish off the work that has been started and get her sailing. The hull appears tight and the tidal berth that has been her home for several years now has kept her in good condition.
These particulars have been prepared in good faith from information provided by the Vendors and are intended as a guide, Wooden Ships cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. The Purchaser should instruct his agent or surveyor to validate all details as necessary and satisfy himself with the condition of the vessel and its equipment.
Wooden Ships classic yachts brokers have an extensive database of boats for sale. With a wide range of sailboats, classic yachts, motor yachts and small classic boats, Wooden Ships has one of the largest selections of traditional wooden boats and yachts for sale in the UK.
The primary business of most yacht brokers is helping people buy and sell boats. The broker is involved in all aspects of a yacht sale, from the first listing of the vessel until the final paperwork and funds are exchanged. Some tasks a yacht broker will do for you in a buy or sell transaction usually include:
Many brokerages also offer management services for yacht owners who are far from their vessels, or who do not want to manage everything themselves. A trusted broker can help with everything from refits and major projects, to ongoing maintenance, moving the boat, and even hiring and managing crew.
If you buy a yacht and intend to charter it for some of the year, your broker can help you. With a network of industry contacts and an in-depth knowledge of the charter market, your broker can book and manage charters to defer your cost of ownership and keep your investment busy.
Across the U.S. and much of the world, 10% is common brokerage fee for most transactions. But that is not a hard and fast number and it can vary with the size of your deal and the location of your boat.
There are many ways management fees may be structured. You may agree to a monthly flat fee, or pay actual time and materials. Some arrangements are made on a value-added structure, where goods and services are marked up a pre-agreed amount to pay the broker, or charged as a percentage.
Unless there are special circumstances spelled out in listing contracts, the brokerage fees are paid by the seller, out of the proceeds of the sale. This is the most common arrangement, and it ensures that brokers get paid.
The listing or selling broker always works for the seller and is their fiduciary. You can buy a yacht with the selling broker handling both sides of the transaction. This is called a dual agency. Local laws vary about whether the broker must disclose this relationship and any conflicts of interest.
Often, a broker from one agency will bring a buyer to a yacht listed by another agency. This creates a co-brokerage situation, and in most deals, the brokers simply split the commission between them. Co-brokerage is common in most places, and it lets any broker find the absolute best yacht for their clients.
The brokerage typically pays selling and marketing expenses, and they recoup those expenses from the brokerage fee. However, certain exceptional third party expenses may be charged to you at closing costs, for example, bank fees, documentation services, and any exceptional legal services from deal complications, such as undisclosed liens.
An exclusive listing gives one broker the right to sell your boat, but an open listing allows any broker to bring a buyer and make a commission. All brokers prefer exclusive listings, and those who take open listings may offer a different commission for an exclusive listing.
Brokerage fees are deducted from sale proceeds during the closing, before making final disbursements to the seller or to any banks with loans. Funds from the buyer are delivered to the broker, who deducts their fees then pays all the parties as spelled out in the closing documents.
This Privacy Policy outlines Windward Pacific Builders Inc. (" we ", " our " or " the Company ") practices with respect to information collected from users who access our website at windwardpacificbuilders.com (" Site "), or otherwise share Personal Information with us (collectively: "Users ").
Processing of your Personal Information (meaning, any information which may potentially allow your identification with reasonable means; hereinafter " Personal Information ") is necessary for the performance of our contractual obligations towards you and providing you with our services, to protect our legitimate interests and for compliance with legal and financial regulatory obligations to which we are subject.
The second type of information is Personal Information which is individually identifiable information, namely information that identifies an individual or may with reasonable effort identify an individual. Such Personal Information includes:
In addition to the purposes listed in this Privacy Policy, we may share Personal Information with our trusted third party providers, who may be located in different jurisdictions across the world, for any of the following purposes:
We may also disclose information if we have good faith to believe that disclosure of such information is reasonably necessary to: (i) comply with any applicable law, regulation, legal process or governmental request; (ii) enforce our policies (including our Agreement), including investigations of potential violations thereof; (iii) investigate, detect, prevent, or take action regarding illegal activities or other wrongdoing, suspected fraud or security issues; (iv) to establish or exercise our rights to defend against legal claims; (v) prevent harm to the rights, property or safety of us, our users, yourself or any third party; or (vi) for the purpose of collaborating with law enforcement agencies and/or in case we find it necessary in order to enforce intellectual property or other legal rights.
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