Yacht Auctions

National Liquidators, also known as National Yacht Sales, is the world's largest marine liquidation company, with extensive experience handling over 40,000 cases since 1988. They specialize in liquidating bank repossessions, foreclosures, and government-seized vessels, alongside a vast inventory of brokerage boats. With a dedicated and experienced staff, National Liquidators operates from key locations including Fort Lauderdale, Florida; Newport Beach, California; Cleveland, Ohio; and Annapolis, Maryland. They offer a diverse range of services focused on the marine industry, providing access to a wide selection of yachts and boats through their liquidation and auction processes.

Frequently Asked Questions

What types of vessels does National Liquidators offer?

National Liquidators handles a wide variety of marine vessels, including bank repossessions, foreclosures, government-seized boats, and brokerage yachts. Their inventory is constantly updated with new listings from these sources.

How does the offer and bidding process work?

Offers are typically accumulated weekly and submitted to the seller for consideration by the following business day. Sellers have the option to accept, reject, or counter any offer. Responses are usually provided within 48 hours.

What are the payment and deposit requirements after an offer is accepted?

Upon acceptance of an offer, the winning bidder has one business day to deposit either 10% of the offer amount or $1,000, whichever is greater, into the National Liquidators escrow account. Further conditions must be met within five business days, with the remaining balance due within the same timeframe.

What is the process for taking possession of a purchased vessel?

Successful bidders are required to remove their purchased vessel from National Liquidators' storage facility within two business days of funding the total offer price. If arrangements are not made, storage charges will begin to accrue.