BoatBid enables you, the boat buyer to bid with the confidence that any boat can be surveyed and sea trialed before you make the decision to purchase. the transaction is handled by a trained broker.

BoatBid boat Auctions uses information supplied by Sellers who have listed their boats with Boatshed.com.

Boats are offered in good faith and as described on Boatshed.com. If you place the winning bid and subsequently a professional marine survey shows defects or the vessel is not as described, you will be entitled to a full refund of any deposits paid, subject to standard Boatshed.com terms and conditions.

To take part in a BoatBid.com auction you must first register to bid and receive your username and password, this must be done online here at BoatBid register You will need to update your Boatshed or BoatBid registration with a password.

Each auction lasts for a set period of time, please check the catalogue for details. The successful bidder is the highest bidder at the end of this time period, whose bid has met or exceeded the reserve price.

To ensure that everyone has a fair chance of placing the winning bid the auction end time will automatically extend by 10 minutes if a bid is placed within the closing stages of the auction until no more bids are received for 10 minutes.

The BID deposit: The successful purchaser agrees to pay 10% of the purchase price to Boatshed.com within 5 working days as a holding deposit.

The buyer agrees to sign a standard Boatshed.com Agreement for Sale and to complete any inspections and professional surveys within 21 days. Failure to do this will result in the loss of the Bid deposits.
Sample Agreement for Sale (may vary by Boatshed office country/location)

All bidding is conducted online at BoatBid.com. No personal identification will be shown and all data is stored securely.

Each bid must increase the price by a minimum of the bid increment price set for that boat.

Proxy Bidding:
To arrange proxy bidding, please Email: bids@boatbid.com stating the boat, your maximum bid, and your password and login. We will place bids on your behalf up to your specified maximum price and inform you of the auction results.

Completion
You may bid on as many boats as you wish. You are only obliged to complete a boat purchase if your bid passes the boat’s reserve price and wins the bidding.
If the reserve is not met we will pass the highest bid to the seller in the form of an offer, which he or she may or may not accept.
All boats are offered subject to standard Boatshed contract.

BoatBid combines the opportunities of an Auction with security of using a professional yacht brokerage service

To contact the BoatBid Auctioneer email - boats@boatbid.com with any questions.