Overview

YachtX.com is pursuing a transformative idea: to automate the preferred practices of pleasure boat sales and in so doing, to provide a radically transparent, secure and cost-efficient way of buying or selling a pleasure boat. Combining the convenience of Web dashboard automation with the comfort of professional advisors, YachtX.com represents a new breed of fintech-enabled, managed marketplace that tames the complexities of macro-transactions that otherwise have had a chilling effect on owner-managed sale of high value assets like pleasure boats. Traditional pleasure boat brokerage is an opaque, cumbersome, and with 10% commission fees, financially painful experience boaters endure each time a boat changes ownership. While advertising websites have changed the task of finding a boat, the actual purchase process hasn’t evolved at all. By streamlining the entire transaction process, YachtX.com empowers pleasure boaters to buy and sell their boats with confidence and ease - without friction inducing fees.