Given their vast knowledge about the maritime market and shipping industry, shipbrokers are the first point of consultation for shipowners or managers before making an investment decision. However, beware, not every broker out there is genuine, with no intention to dupe you. It may take some time and effort to find a reliable professional in this domain, but the hassles are going to be worth it in the end. But do you know what qualities to look for when searching for a professional ship broker? Until you are aware of what to look for, you will only end up wasting your time and effort in search for the right professional. So, in this blog, we tell you how to spot the most reliable shipbroker companies in Norway.
Expertise and experience –
Have you contacted a ship brokering company? For how many years have they been in the industry? Does the company enjoy good reputation in the market? Unless you have confirmed the company or professional’s successful track record in offering consultation services, you should avoid partnering up. More than specific degrees or qualifications, you must look for a professional with field expertise and market knowledge. Apart from his exposure to broking, the expert should possess great PR skills, time management ability, communications skills, and so on. And these qualities are something you can’t compromise on when looking for the best shipbroker companies in Norway.
Proper pricing plan –
Acting as an intermediary between ship sellers and owners, every broker involved in the buying and selling process receives a commission based on the lump sum earned by the owner. Before you seal the deal with a broker, check and confirm his pricing policy. Make sure everything is transparent, upfront, and carries no trace of ambiguity in any form. And if you sense anything wrong or suspicious, be quick to look for alternative options. Overall, obtaining confirmation from the start can save you from encountering unexpected expenses later on.
Proactive in approach –
Given his job to offer you consultation and brokerage services, the professional should interact with his clients with an open mind without any personal biasedness. Whatever he suggests should be thought and considered from your (clients) perspectives and not their own. If you are venturing into this domain for the first time, he should take extra care to acquaint you with the latest trends. From enlightening on the price trends to suggesting which vessel to buy within your budget and preparing the documentations – the expert should be proactive to offer his assistance to his clients, especially the first-time buyers.
Holistic guidance –
So, what have the experts promised to help you with? The work does not end with simply telling you which vessel to purchase. Committed to protect your interests at all cost, the expert can negotiate or simply speak to the seller on your behalf, and help you find a ship within your budget. Some companies go a step ahead and arrange an inspector to check the features and functionalities of the ship you plan to buy. So, when you consult a broker, you should be able to rely on him for holistic guidance.
Conclusion –
A ship brokerage company or professional should make the ship purchase decision and process easier for you and not the other way around. You sure don’t want to consult with a broker that leaves you in the dark and offer half-hearted support, right? To stay assured of expert advice and guidance, contact Norwegian Ship Sales, one of the reliable shipbroker companies in Norway. With years of experience, the team knows how to give you the best value for money. Get in touch with our experts today!
