Organisers of TheYachtAuction have received strong interest from larger yachts

TheYachtAuction.com is expected to give sales of superyachts a boost later this month when their first online yacht auction is held.

To date 15 yachts, ranging from 46ft to 115ft, have signed up for the auction and organizers are hopeful more yachts will be joining them. Director Andy MacDougall has reported serious interest in owners placing their superyachts in their debut online auction held February 22nd.

“We are getting the message out there, and are particularly pleased with the very positive response from experienced Yacht brokers, especially once they realise that when they enter their owners’ yachts their broker/client agreement remains unchanged,” he said. “We are also currently experiencing serious interest in placing larger yachts into the auction.”

“To say we are excited is an under-statement” he added.  “We spent a very long time researching the market place, looking at where other auction companies have failed and learning from their mistakes. One major benefit is we have the support of a leading luxury auction house.”

There is naturally a lot of interest in how TheYachtAuction.com will develop during the coming months.

Director James Fordham said: “We strongly believe in the many advantages of the online yacht auction, and by planning four auctions throughout the year, we have provided both yacht brokers and yacht owners the opportunity to plan and prepare for the auction when they are ready to include and sell their yachts.”