1201 Neuse Drive, Oriental, NC 28571    252-249-0090    800-401-1195    Fax 252-249-0894
Brokers: Jack Coulter       Rich Gahan


 


I (OWNER/SELLER) hereby appoint Deaton Yacht Sales as CENTRAL AGENT to manage the sale of my _______________________ YACHT, named ________________________.

Boat is located at ________________________________________________________________.

The asking price for the YACHT and all included equipment described on the attached inventory listing is $________ .It is understood that the OWNER may elect to reduce the asking price or to accept a lower offer.

DEATON YACHT SALES agrees:
To utilize its best efforts, on behalf of the OWNER, to find a purchaser for the YACHT , and to negotiate the terms and price favorable and acceptable to the OWNER

To develop and distribute sales information describing the YACHT, and to advertise and show the YACHT. To present all bona fide purchase offers to the OWNER in accordance with his instructions.

The OWNER agrees:
To notify all prospective purchasers and brokers who contact the OWNER directly that the sale of the YACHT is being handled through Deaton Yacht Sales.

To inform immediately Deaton Yacht Sales of any changes in equipment, condition, and location of the YACHT .

To pay Deaton Yacht Sales a brokerage sales commission of 10% of the selling price (or $1,000, whichever is greater) when the YACHT is sold through Deaton Yacht Sales or if privately sold within a year of the termination of this agreement to a purchaser introduced to the YACHT through Deaton Yacht Sales.

To allow Deaton Yacht Sales staff to board and show the boat in its usual slip or any other location(s) where it may be from time to time and to provide insurance on said vessel and to hold harmless the broker during required (including sea trials) movement of said vessel. To provide proof of ownership; clear title and documents necessary for transfer on or before closing.

If a purchase deposit made on a sales contract is forfeited by the BUYER, the OWNER and Deaton Yacht Sales shall divide the retained deposit equally as liquidated damages.

This brokerage agreement shall be for a minimum of (6) six months, after which it may be canceled by either party with 60 days written notice.

SIGNED: ________________________________ OWNER/SELLER    DATE ______________

Print Name _______________________________        Key or Combo ____________________


Address:    _______________________________


                  _______________________________        Telephone ________________________


___________________________________________________

Broker for DEATON YACHT SALES