September 16, 2026
30 min
Don't Wire Money to a Boat Seller Until You Watch This
You're about to wire tens or hundreds of thousands of dollars to someone you've never met, for a boat you may have never seen in person. What could go wrong?
Watch or Listen
Money protection in boat transactions is underserved, misunderstood, and skipped entirely more often than it should be. This episode of Full Displacement breaks down exactly how to protect yourself, whether you're buying or selling through a broker, privately, or on the FSBOAT platform.
We sit down with Kelly Curtis of PayKeeper, a licensed escrow company, to walk through: the difference between a broker's trust account and true third-party escrow, when you actually need escrow (and when you don't), how deposits and holdbacks work in a brokered deal, and how FSBOAT has built PayKeeper's escrow directly into the private-sale process.
Current Yachts brokers boats with a licensed trust account and PayKeeper as an optional third-party escrow solution. FSBOAT gives private buyers and sellers the same protection with no broker and no commission.
Resource & Contacts
🔒 Learn more about PayKeeper's escrow services and fee schedule: https://currentyachts.com/resources/directory/paykeeper and https://fsboat.com/buy/services/escrow
⏯️ Watch our episode: Comparing yacht sales to real estate: https://youtu.be/mdT9i79T8Sc
⬇️ Download our boat buying & selling spreadsheets, checklists, and guides: https://youtube.currentyachts.com/downloads
📅 Come find us at the boat shows: Annapolis, FLIBS, and TrawlerFest Baltimore. RSVP links are on the events page: https://currentyachts.com/events
⚓️ Work with Current Yachts: https://youtube.currentyachts.com/contact
🚤 Buying or selling privately? See how FSBOAT protects your transaction: fsboat.com
What We Cover
✔️ Why cash and cashier's checks are the riskiest way to buy or sell a boat
✔️ The real difference between a broker's trust account and a licensed third-party escrow account
✔️ A simple checklist for when a transaction actually needs escrow
✔️ How a 10% deposit, survey contingencies, and escrow holdbacks work in a brokered sale
✔️ How FSBOAT's optional Plus membership brings escrow, e-signed documents, and guided milestones to private boat sales
✔️ Wire fraud: why you should always verify wiring instructions by phone, never by email
Who is Current Yachts?
We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way.
🎥 Our podcast Full Displacement helps educate yacht sellers and buyers, and shares what is happening in the yacht brokerage market: https://www.youtube.com/playlist?list=PLXcE3-wOQgN8C7VGybRHBjzf9uZsr6tPs
We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first. How?
1️⃣ Our flat-rate selling expense replaces inflated yacht brokerage commissions. And the buyer-side commission (called co-brokerage) only gets paid if a co-broker is present.
2️⃣ Our buyer-broker representation agreement means our yacht buyers receive the unbiased guidance they need to protect their interests.
3️⃣ Our modern platform streamlines the listing intake process including an listing agreement you can generate and signed digitally within minutes. Our platform ensures real-time communication with a dedicated team and provides analytics for all parties.
🏁 The result? More transparent yacht sales, and faster, more efficient transactions.
⚓️ Discover the Current Yachts difference at https://currentyachts.com/
Follow Current Yachts
Facebook | Instagram | LinkedIn | 📩 Contact Current Yachts | 🛥️ Browse our yacht inventory
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Join the Revolution
The yacht brokerage industry is changing, and Current Yachts is leading the way. Our innovative platform and service-based approach combine the best of traditional brokerage expertise with modern technology and fair pricing.
Ready to protect your equity while working with seasoned professionals? Contact Current Yachts today and experience yacht brokerage done right.
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