Hi David, a recommendation is to get a sound engineer to look at your microphone setup or try to do something with the acoustics in the room. Your channel always provides good information about what is happening in the yacht environment, and is a pleasure to follow. Keep up the good work, thanks.Cheers

I really enjoyed this video! Is it possible to do a video talking about how to go about getting a yacht crew? I understand N&J has some expertise in that too, and it would go hand in hand. Thanks!

Enjoyed but you really need to have 3 videos here. 1: Initial Purchase and how to (like this one, very informative by the by) 2: Yacht ownership (both the day to day running Technical/Staff and management of the Yacht/Crew) 3: Mooring and everything that goes with that. Quite a few people see the cost only as the price sticker of the yacht and forget that there is a hell of a lot more rough estimate 20% annually of the initial purchase price as a very rough marker? Really enjoy the content!

Great video and it answered all my questions about the process of buying a yacht! Thank you David!

YES OFFICE!!! 👏🏾 👏🏾 NICE VIDEO!! I LOVE LEARNING HOW TO BUY AND EVERYTHING INVOLVED WITH BUYING, I REMEMBER THE SERIES THAT YOU HAD A FEW YEARS AGO 😎

I'm loving this all the questions and all the informations I needed to know big thumbs up

Another Great video David. Thanks so much for posting.

Another great video David, going over things others don't, glad you go deeper than just showing us Yachts for sale...jmo

Great blog as always David, very informative and clear up the process of buying a yaught.

This was simple and very informative. Well done!

Great video. While I do not want to stop seeing yachts, I also have really enjoyed this video!

Thanks for making this video always interesting David

Hello David, what a road traveled in recent years, to arrive at a superb and very interesting presentation. 👍👍👍

Great video very informative thanks for bringing it to us.

Good information here! Thanks for sharing!

informative content david.hope youre enjoying your time in florida.;)

This new sit down chats are a great addition to an already great channel. Please look at the acoustics in the room. 5 star content as always.

Very informative. Bravo!

Great information. Thank you.

Great Video. Very informative. It strikes me It would be helpful to do several of these; from Say Cali or Wa State in US. And say one from Bajamas & a few from other Far Countries. In that you would have a feel for the Why's of flagging & have a good base a few scenarios/examples or way's of process.

Interesting video, thanks for that.

All this reminds of the saying “if you have to ask you probably can’t afford it” bring out another thousand = boat Someday maybe Love the content nice work!

Having a good broker is a must as they make the process actually quite enjoyable. My last yacht was through a different firm and as David said, it is rather straight forward and everything went well with no wasted time.

Very Interesting.

Hi David and Crom. An interesting video. Obviously it's simple to buy or sell a yacht with a good broker (david N&J), marine lawyer, surveyor etc. Great vlog thanks 😊

How about a video on financing a boat on your own / with friends / shared ownership/ buying for charter?

Great video and thank you for having Cromwell answer the favorite American question! :) It seems like buying a yacht has the procedures of buying a car _and_ buying a house _combined!_ (Why is everyone named "Littlejohn" tall?) If you have the opportunity, I would love see a video detailing what "behind the scenes" yacht ownership is like, such as do most owners create separate banking accounts? Do they tend to have to approve every expenditure or certain expenditures (I'm presuming that the captain is entrusted with a credit card and the owner looks at the monthly statements), how does one find a good marina/port? (Every port I've seen that takes luxury yachts have people that come take away the waste and trash, but every port I've been to, the owners have to do that - unless I've just been oblivious as I don't own any type of boat.) Do most owners keep up with crew rotation/turnover? Finally, since different boat sizes/weights have different license requirements, where does one go to get licensed? What's the first license to get? And what are the stages? (I've heard in the U.S. that the Coast Guard gives introductory classes, but not sure if they license.) Can an owner legally pilot his own boat _without_ a license? (Or only 'at sea'?)

Interesting video

Great video, but I missed the first step: When you decide to purchase a yacht, where do you go? It’s easy to find boats for sale online, but quite often they’re not listed with price, or are far away, if not another country… In the US, you can’t go see a house anymore these days without a Real Estate agent, and both buyer and seller should have one… is it the same with yachts, where I should pair up with a broker to go find me boats in my scope, to then go see them? And can one just set up an appointment to tour a yacht, especially if it’s in use (say charter season)? If I were to fly out to the Bahamas or the Mediterranean, I’d like to maximize the number of boats I can see in those few days I’m there… so perhaps a video on “How to find the right yacht for you”?

Great vid. Thanks. How about annual property tax?

Wow!

This video answered all the questions about the yacht buying process, which was great. Now, maybe you could do a video about the next step. How do you crew the yacht? Can the broker help with that? Is there an agency for that? How do you pay the crew? What does the crew expect from the owner? Who makes sure the captain and crew are qualified and properly certified?

Is there an industry standard of percentage of commission for the agents? As a Realtor our industry typically has a 5% commission 2.5 per each agent (buyers agent and a sellers agent) plus brokerage fees.

Thankyou

Hi David. I am loving the videos. I have a question about brokerage. If I hire a Northrop & Johnson broker to represent me in a purchase does that agent have a fiduciary relationship with me if I want to buy a yacht whose list broker also works for Northrop & Johnson?

Hi David, Question: If a yacht is in say Florida and one can't travel to the USA due to covid-19, How would that play out..? Also, could the vessel be pulled from the water to do all relevant checks, hull survey, engines, sails and any other relevant survey in the USA even if it were to be registered in the Cayman Islands..? Thanks for the insightful video...

Great video ✌🏴󠁧󠁢󠁥󠁮󠁧󠁿 Just Make sure You have your mic at the right angle,, Couldn't hear you some of the time..

@ David I'm wondering why did Majesty Yachts stop making their 120 size vessels?

Are the contracts and process similar for smaller yachts in the low-mid six figure range?

What about flags of convenience like Liberia and other places like that

Another great video, David! What goes into getting the best deal would make another interesting topic for your series. Most people would like to avoid a “cheeky” offer, but knowing what constitutes a reasonable price for a yacht is difficult without access to information. What market research sources do you use to determine current values and can the buyer have access to these tools? I’m sure I’m not the only person who likes to roll up their sleeves and analyze the data, though there will be those who rather leave it to the broker. Trust, but verify is not only appropriate for the survey and sea trial with large transactions such as these. Thanks!

Very interesting David.Could you do a similar video on the same subjects with regards to the UK and EU.Thank you.

I’m going to purchase in 3 years

What about determining where we are going to keep the boat if we get one? If we will have a Captain or run it ourselves incase of Owner/Operator intention? Can we get insurance if we are Owner/Operator Vs needing Captain depending on size? How do we look about management if we need it?

David, you missed the first vital step, rob a bank

Wonder about Norhavn Yachts. If I could ever afford one I live in San Diego just down the road from their offices were they have yachts for sale somtimes.

Question: Who pays the broker's fee? And how is that calculated?

Question: How to buy a yacht? Answer: Go to David at N&J with cash in hand and the boat you want to buy and leave it to him.

I’ve been watching some Viking yacht videos and I really like the 93 Viking lay out it’s not too huge of a yacht and I probably wouldn’t use it for more than anything other then going on some trips to other country’s that aren’t too far away from the states and was wondering what you would have to do and go through just to buy a new yacht 🛥 instead of the hassle of trying to buy a used one ☝🏼 what would the difference in being able to buy a new yacht as a-posed to a used one ☝🏼 I think 💭 🤔 the Viking yachts 🛥 are American made

These videos from the studio are certainly interesting. Too bad there are no subtitles and my English is very poor :-(

A lot of steps were laid out from 1st interest to final closing, but I did not see any typical timeline/time period from beginning. To me that is important factor. Also this video assumes that there were no surveys done on a boat prior to its listing for sale. I would think that having a survey done when the boat is listed would be a great selling point.

Can you please add closed captioning to this video?

Lekker man lekker

David, this was a very very informative video. It did get a little complicated about the not for sale in US, but I guess that's why you hire maritime lawyers. As always, very good video. Thank you for the wonderful job you do!

Nice video as always, but the sound quality made it a very hard listen.

Does Canada require a flag registration example registered in Toronto Canada??

Rumor has it that some of the yachts are now even selling sight unseen. Certainly not the most common thing but given certain travel restrictions and the red hot sellers market it's an option if you trust your broker.

Step one - make sure you can get the money!

All fine for used yachts but what about discussing purchasing new. Are you better engaging a captain, management company or broker?

Hi, I’ve sold my house in London and I have £1 million to spend on a catamaran what one should I buy?

The first step is to show them your bank account to prove you're not there just for the fun of wasting their time😂

Can Canadian purchase a yacht in the free-trade zones??

The simplest step is to rent rather than to buy. Once you own it, trouble starts.

Didn´t watch the video yet but my guess would be: 1) become really rich (and cashflow positive) 2) hire someone to do it all for you.

How to buy a yacht? Bring lots, and lots of money.😁

The NorththropJohnson Division of the company I work for Just ordered 8 nuclear reactors from Westinghouse

We need a follow up video on the process of earning tens of millions of dollars in surplus income

Step 1: Have enough money to afford the yacht and the maintenance. The rest of the steps don't really matter.

You should have first talked about how to select a boat or a boat company!

Two simple steps to get your own yacht: 1) Win the lottery 2) Buy a boat

Couldn't be a more British name than Cromwell Littlejohn. Then you find out he's not even British.🤯

This is why i told my parents to get a smaller new one. They're doctors and whenever I start advising them on bill of sales and timings of monetary transfers, they lose their shit. All I had to do with Princess was create a new company and have my parents associate a correct amount of shares for California tax which they decided was easier to pay than when I offered to register it in Nevada. Doctors fucking hate lawyers, which is why I became one. I just didn't think it would work out in their favour. Annoyingly.

What is the timeframe for a yacht purchase? From the point that an offer is accepted by the seller, is it a 3 week process, a 3 month?

I thought the first step was due diligence of the buyer.

Having watched a previous video from this company re: yacht charter as a prospective owner, and whether they would consider an older yacht, I received no reply at all. Also no reply from the brokers in France. If I was an owner I would be pretty upset by the blanking of a prospect. You just do not know who comes along and plonks somewhere near the asking price for a boat. You almost, it seems, have to turn up to the office with a suitcase full of cash before they even talk to you. The glossy videos about how wonderful all the services are are not borne out by my reality at least. And I spent nearly 20 years on yachts so I know a little bit.

How to buy a yacht #1 - Make a few million

Definitely get a pop shield, and turn up the de-esser. Put up some sound dampening, that room sounds terrible. I'm not trying to be a dick. I love your videos, but this sounds terrible.