Yacht brokerage web contract management system YachtCloser now provides members online access to Coast Guard documented vessel data, allowing brokers to verify important vessel and owner information while ensuring that accurate information is displayed on their contracts.
This new integration allows brokers to merge missing information on their contracts and ensures that they have the correct hull number and owner or corporate entity name in all documentation prior to closing.
Yacht Closer said Coast Guard data are updated on a monthly basis and are available to current subscribers at no additional cost.
“While plenty of services allow users to search Coast Guard data, ours is the first and only one allowing users also to merge that information right into their legal contracts,” YachtCloser president and founder Brad Parker said in a statement. “It’s just one more way we are leading the industry and at the same time making the yacht closing process easier and more efficient.”
“What a fantastic feature! It was so easy,” Brewer Yacht Sales office manager Jackie Joslyn said. “I went to the vessel’s data information page, selected the USCG Search tab and merged the owner’s information to the Coast Guard’s database in less than two minutes. It is a seamless and accurate transfer of the essential information required at closing.”