I recently chartered a yacht and I can recommend two more things. Have the broker confirm with the captain that all the water toys listed for the yacht are on board and in working condition. Also take a picture of the fuel gauge BEFORE you start your trip. Any mistake on the amount of fuel used can be very costly.
I like the variety of things you are giving us now. Definately improving this channels output with every video. I've worked security during FLIBS in the past, and also smaller boat shows around Florida, what seems like a million years ago. Apart from asking about private submarines, I'd be interested in a "toys & tenders" focused series as well, that all seems to get glossed over for the most part.
I love these sit down talks. Its amazing the amount of information we get for free. You allow us to dream and we appreciate it. I love how N&J are also supporting you.
@@Yachtsforsaleblog You have done them more PR than probably anything else combined. Probably more for the whole industry than all the broker firms combined.
Another follow-up question for this: who pays the broker fee, is it the charterer or the owner of the yacht? How is it normally structured? Is it a % of the charter fee, or also of the incrementals for food / fuel / etc.? Thanks a lot for the series.
Another great video. I think you missed a very good question to ask and that is covid. How has that changed chartered yachts. Are the guests required to be vaccinated now? Are the crews? Does it determine where you can cruise and ports you can get off the boat at? Pets they would have to stay on the yacht the whole time. Even if you are at a secluded cove for a beach bbq that would be breaking that countries laws. Would the Captain allow It? Love the videos and if I get enough money I know where I'm going for a yacht.
Brilliant video. This is exactly what I needed. The one question that was not asked is how the charter company makes their money, what’s the business model there, how much the fee is, and who pays them.
Great video. David, I like your fantasy charter. Mine is a little off the beaten path. I would like to charter the yacht Octopus and spend a week or two diving from it in Chuuk Lagoon with all of my dive buddies.
I'm loving the interview videos! (Of course, don't stop with the yachts!) Do North Americans or Europeans ever contact you (N&J) to charter in the Pacific?
Thanks - I’m on board a yacht now filming…so I can guarantee that there are plenty more yacht videos on the way. YES. We do get charter bookings for the Pacific, although there are fewer yachts there to choose from.
QUESTION: so if chartering a 45M yacht for one week is about €300K, and let’s say a family wants to charter a yacht four weeks per year… Would it not be better to just buy a 45m yacht and then offset your cost by chartering it, and then, when you sell the yacht, the depreciation would cost less than the cost of 4 weeks a year of charter? 4 weeks at €300,000 = €1.2 million. Thoughts David?
Now that explorer yachts are getting bigger and more are being produced, besides Nord, how many other charter yachts to the 'off beaten path' are out there now? Places like Alaska were just getting popular when I worked on yachts, but you would hear occasionally about boats going to Antarctica, Iceland, Greenland, the fjords of Norway and the Artic Circle. Obviously Nord and a few others do that but at extremely high prices. Are there smaller explorer yachts now making these trips? What about these hybrid trips that get you on a yacht, but then also take you fishing, diving, camping from another smaller yacht. We did this when I crewed fishing boats like Vikings, Mickelson, and Jarret Bay yachts. We would link up with a yacht in the Caribbean and take a couple guests on board and take them fishing for 2 or 3 days and then take them to the yacht usually docked in another port by then. Now most yachts have chase boats, but is this still done?
Wondering, does the opportunity to actually tour the yacht of choice before the charter exist? Not every chef cooks to everyones taste, how is this important item addressed in determining which yacht to charter? More simply, how do I know I will like the food? Thank you, JIM
Hi Colin, that’s right. The owner pays the cost of the broker. The next video covers that too - it will be about how to charter your yacht…for yacht owners.
As an owner, what is a realistic expectation for occupancy rate of a chartered yacht? If it’s available for say, six months out of the year in a prime location, how many weeks would you expect to be booked?
Hi David. Nice series of "How to..." videos. I've got 2 questions: 1) How long ahead should one separate the yatch to charter having into account that seasons are crowded? 2) Can one charter a yacht off season?
Hi Federico, thanks for the question. I shall answer it in a "Short" video! I'm not sure I understand the first part though - do you mean how far ahead of time should you book?
Hi David, great interview and good information, but about the yachts that's 70 or eighty feet in length for Chartering. Also some cannot spend that much money but want to charter a yacht? Also the biggest Question is do people AKA share the cost of chartering a yacht?
Strange question but.. the questionnaire will ask "how much caviar" will i want to eat. Well since I do not like caviar lets say shrimp. How do I know how much shrimp I want to eat or wine I want to drink Six months, 3 months (etc.) Before the trip. How would I judge this?
Think about how much you would want to eat on vacation. Do you want it every day? Once or twice? And then how many people would be eating shrimp? You probably don't have to put the actual weight, but the number of total meals.
I recently chartered a yacht and I can recommend two more things. Have the broker confirm with the captain that all the water toys listed for the yacht are on board and in working condition. Also take a picture of the fuel gauge BEFORE you start your trip. Any mistake on the amount of fuel used can be very costly.
I like the variety of things you are giving us now. Definately improving this channels output with every video. I've worked security during FLIBS in the past, and also smaller boat shows around Florida, what seems like a million years ago. Apart from asking about private submarines, I'd be interested in a "toys & tenders" focused series as well, that all seems to get glossed over for the most part.
I love these sit down talks.
Its amazing the amount of information we get for free. You allow us to dream and we appreciate it.
I love how N&J are also supporting you.
Thanks so much! And YES! N&J are tremendously supportive.
@@Yachtsforsaleblog You have done them more PR than probably anything else combined. Probably more for the whole industry than all the broker firms combined.
Another follow-up question for this: who pays the broker fee, is it the charterer or the owner of the yacht? How is it normally structured? Is it a % of the charter fee, or also of the incrementals for food / fuel / etc.?
Thanks a lot for the series.
Hi Miguel, the yacht owner pays the charter fee. The next video about How to Charter your yacht goes into more detail about this. Thanks for watching.
These videos are getting better and better. I love the way things are being explained in such 'layman' terms for us novices. Great work, keep it up!!
Super informative 👏
Look at Nina slipping in here all silent like
Videos like this just seemed to put a smile on my face. It's like watching people who really enjoy what they do.
I LOVE THIS!!! I LOVE THE INFORMATION!!! THANK YOU TO THEM FOR TAKING THE TIME TO ANSWER THE QUESTIONS ✌🏿⛵⛵😊😊
Hi David. John answered every question I had. He certainly knows his market very well. Great video thanks 😊
Absolutely brilliant videos lately. Very informative, interesting and the questions you asked were indeed really great ones as the broker said.
Another great video. I think you missed a very good question to ask and that is covid. How has that changed chartered yachts. Are the guests required to be vaccinated now? Are the crews? Does it determine where you can cruise and ports you can get off the boat at? Pets they would have to stay on the yacht the whole time. Even if you are at a secluded cove for a beach bbq that would be breaking that countries laws. Would the Captain allow It? Love the videos and if I get enough money I know where I'm going for a yacht.
Brilliant video. This is exactly what I needed. The one question that was not asked is how the charter company makes their money, what’s the business model there, how much the fee is, and who pays them.
Thanks for watching. This very topic will be covered in the next video!
Great video. David, I like your fantasy charter. Mine is a little off the beaten path. I would like to charter the yacht Octopus and spend a week or two diving from it in Chuuk Lagoon with all of my dive buddies.
Fantastic just fantastic informative awesome video!!!
Glad you enjoyed it!
Fascinating interview! Now all I have to do is win the lottery, and I know where I’m going! 👍👍👍
Fantastic series guys
Thanks for watching.
Before the videos "How to buy a yacht" and "How to charter a yacht" there has to be the video "How to become a millionaire" 😁
Adoring the new format of your videos David 👍👍👍 Looking forward to learning more about the wonderful wide world of yachting ❤️❤️
Thanks, plenty more content to come!
TNX for the info, its very thankful David! :)
Great video, What a nice bloke....
Didn't learn anything new,, But so pleased that you have done these videos..
I'm loving the interview videos! (Of course, don't stop with the yachts!) Do North Americans or Europeans ever contact you (N&J) to charter in the Pacific?
Thanks - I’m on board a yacht now filming…so I can guarantee that there are plenty more yacht videos on the way. YES. We do get charter bookings for the Pacific, although there are fewer yachts there to choose from.
QUESTION: so if chartering a 45M yacht for one week is about €300K, and let’s say a family wants to charter a yacht four weeks per year… Would it not be better to just buy a 45m yacht and then offset your cost by chartering it, and then, when you sell the yacht, the depreciation would cost less than the cost of 4 weeks a year of charter? 4 weeks at €300,000 = €1.2 million. Thoughts David?
Great information thanks for bringing the full industry to us.
Now that explorer yachts are getting bigger and more are being produced, besides Nord, how many other charter yachts to the 'off beaten path' are out there now? Places like Alaska were just getting popular when I worked on yachts, but you would hear occasionally about boats going to Antarctica, Iceland, Greenland, the fjords of Norway and the Artic Circle. Obviously Nord and a few others do that but at extremely high prices. Are there smaller explorer yachts now making these trips? What about these hybrid trips that get you on a yacht, but then also take you fishing, diving, camping from another smaller yacht. We did this when I crewed fishing boats like Vikings, Mickelson, and Jarret Bay yachts. We would link up with a yacht in the Caribbean and take a couple guests on board and take them fishing for 2 or 3 days and then take them to the yacht usually docked in another port by then. Now most yachts have chase boats, but is this still done?
Step 1: Have a lot of money :)
JK, thank you for the great video as always!
Well asked David,great questions
Wondering, does the opportunity to actually tour the yacht of choice before the charter exist?
Not every chef cooks to everyones taste, how is this important item addressed in determining which yacht to charter?
More simply, how do I know I will like the food?
Thank you, JIM
Wow!
Very interesting David, one cost I missed was the cost of the broker, i guess this because its paid by the yacht owner?
Hi Colin, that’s right. The owner pays the cost of the broker. The next video covers that too - it will be about how to charter your yacht…for yacht owners.
@@Yachtsforsaleblog Excellent many thanks, keep your vlogs coming
Thanks again David, fantastic content
Great😍❤
As an owner, what is a realistic expectation for occupancy rate of a chartered yacht? If it’s available for say, six months out of the year in a prime location, how many weeks would you expect to be booked?
Excellent information
I'm going to need two things.
1. The winning lottery numbers
2. The name of that charter yacht with the dog mascot.
Hi David. Nice series of "How to..." videos. I've got 2 questions: 1) How long ahead should one separate the yatch to charter having into account that seasons are crowded?
2) Can one charter a yacht off season?
Hi Federico, thanks for the question. I shall answer it in a "Short" video! I'm not sure I understand the first part though - do you mean how far ahead of time should you book?
Great interview.
Great video thank you
Hi David, great interview and good information, but about the yachts that's 70 or eighty feet in length for Chartering. Also some cannot spend that much money but want to charter a yacht?
Also the biggest Question is do people AKA share the cost of chartering a yacht?
What if you want to charter a yacht just for yourself to get away, will they do a charter for just one person.
Strange question but.. the questionnaire will ask "how much caviar" will i want to eat. Well since I do not like caviar lets say shrimp. How do I know how much shrimp I want to eat or wine I want to drink Six months, 3 months (etc.) Before the trip. How would I judge this?
Think about how much you would want to eat on vacation. Do you want it every day? Once or twice? And then how many people would be eating shrimp? You probably don't have to put the actual weight, but the number of total meals.
Can I book the yacht on my black Amex credit card?
do charter yacht owners make any money?
How to charter a dinghy? Wave wedges of money I suppose.
With money?
People that can afford to charter a luxury boat have toomuch money.
People that own them must also have too much money.
Decadence.
quit being so afraid and always a handshake
Good info. Thanks.