HOW TO CHARTER YOUR YACHT! HOW YACHT CHARTER WORKS.

For many yacht owners, chartering offers a great way of reducing the running costs of the vessel.
In this interview with Adam Fitzmaurice we dig in to the practical steps and the costs associated with chartering your yacht.

To sign up for the Yachts For Sale Newsletter:

[FreedomForce]

This has to be one the interview of the highest quality I have seen on any subject. Video 📸 insert for support and clarity. Outstanding.

[rediscoveringamerica]

Interesting video and great info. I hadn't realized the competition to rent out yachts was this tough, but I can see how it works. I'm looking into this aspect as a business venture with a bit of a twist, and hoping to make it work. The wifey and I are thinking about buying a yacht to refit (Mostly interior repairs) to essentially be a liveaboard, and to be able to use as a charter most of the year. I plan to obtain my 200 ton masters license in time to be able to captain the yacht myself, and I am also capable of doing a vast majority of the mechanical upkeep and repairs as needed. The wife would perform mostly the domestic duties on board including some cooking, bartending, entertaining, customer relations, etc. We may need only 1 or 2 more crew at most depending on the charter to act as first mate plus 1 other as needed. Our hope is to not only defray ownership costs, but to actually supplement our retirement income enough as owners/operators to be able to use the yacht ourselves from time to time for our own enjoyment, and to live comfortably in a warm climate as we get older.

[tylerl.]

Would love to hear Adam explain what "successful charter" means when his version of success with a boat is losing $ every month..

[ThoughtfulWander]

Great episode! Lots of great information! Thanks for sharing!! 👍👍🛥️🛥️

[colin.chaffers]

Very Interesting, the broker has a tricky balance of looking after the owners and charters interests. Good Job David

[seantwomey]

These Florida videos are a great nuts and bolts series about the industry. You clarify things by looking at issues from both sides - the buyer and the seller / the charter customer and the boat owner. The topics are interesting and educational. Your inserted video clips take the video beyond the cliche of just intelligent talking heads.

[stevenzobel]

Vary interesting David thanks for sharing this video

[stevealexander]

Very informative. I've wondered about several of the questions. Thanks for answering them. Thank you David and thank you Adam

[chrish]

Hi David and Adam. A fantastic video, very interesting subject, I'm happy to see the details about charter for owners and clients. Great video thanks 😊

[TheMrGixxer]

Nice channel you have .. showing all aspects of yachts life and ownership

[charterdocka]

Great Video Clip. very informative. Thank you

[timtam]

The more I learn about the cost of charter and the cost of chartering out your own yacht, fractional ownership starts to make a lot of sense.

[johngauntlett]

David, very informative as always. Now I know where to look to search for pricing and amenities.

[Frederiktoday]

Great insights Nd now ibjave my answer to charter or not. The answer is no.

One question, when you build your yacht, and you think of maybe chartering it in the future. Is is not better to build in the charter /flag state requirements from the beginning ?

[joshua__el]

You should use a De-esser on you audio it will get rid of the hanging waves when you say letters like “s”

[wmvaux]

Thanks for another insightful video. I would be interested to know how easy or hard it is to find the right clients who want to charter a yacht. Also are there many yachts that move from the Northern Hemisphere to the Southern Hemisphere and back to maximise their use?

[grondhero]

Thank you for the video! Always great to learn more about the industry. :)

[carlrosenzweig]

While it wasn't mentioned when discussing related costs, I would imagine with increased usage from chartering, maintenance costs would also increase.

[astormofwrenches]

Have you dealt with any conversions from, say, military or commercial vessals, that now have new lives as yachts?

[skiingfast]

What percent of a build cost would go to making it commercially compliant to charter? Does it cost 10% or 20% to build a yacht to charter?