Selling an aircraft comes with heavy responsibilities. Each interested buyer will want to know every detail about the aircraft: its specific flight, service, maintenance, and technological histories. However, answering numerous questions, researching market competition, developing advertising, and spreading the word is far too time-consuming for many hectic corporate and personal schedules. Have you wondered, “What are aircraft brokerage services and how can they help?” Below, we provide an overview behind the purpose of aircraft brokerage services and how they can help streamline the process of selling your aircraft.
What are Aircraft Brokerage Services?
Like a real estate agent, an aircraft brokerage is a company that partners with buyers and sellers of business jets or turboprops, along with their team of representatives, to complete the sale or purchase of an aircraft. In most cases, an aircraft broker is commonly involved in the entire transaction process, from initial discussions through to the close of an aircraft sale.
Top 3 Aircraft Brokerage Benefits
There are many benefits to entrusting the sale of your aircraft to experts in the industry. Below, we explore the three greatest advantages to partnering with an aircraft brokerage service.
#1. Detailed Market Analysis & Accurate Price Benchmarking
When your schedule is flooded with other commitments and priorities, it can feel inundating to independently perform a detailed market analysis to compare other aircrafts currently on the market. Like selling real estate, it is important to gauge what other sellers are valuing their aircrafts at. Is your aircraft in greater or poorer condition compared to similar listings?
To alleviate some of the pressure, aircraft brokerage services can take this weight off your shoulders. With access to thousands of aircraft listings across the globe, they can effectively, efficiently, and easily create a detailed market analysis that provides a realistic selling strategy for your aircraft.
#2. Generate Global Advertising & Increase Digital Exposure
To effectively sell or purchase an aircraft in a timely manner, it is helpful when you acquire access to a global registry of advertisements. As an additional benefit to parenting with aircraft brokerage services, the brokerage can develop domestic and international advertising campaigns to ensure that your listing (if selling) reaches the world or that you find the perfect aircraft (if purchasing) from across the globe.
Furthermore, aircraft brokers are also experts in spearheading massive local exposure for those wishing to sell their aircraft. They do so by increasing digital exposure by promoting your aircraft listing across every national and international web service.
#3. Price Negotiation and Sales Navigation
Do you feel uncomfortable in negotiating the sale of your aircraft or the purchase of a new one? An aircraft brokerage can be to your advantage! Aircraft brokerage services often include the negotiation of price and terms of the sale.
Furthermore, brokerages also draft and provide sales agreements in partnership with escrows leading up to the closing. As a result, you will have a team of licensed experts who will help you navigate the specifics of the aircraft sale.
Aircraft Brokerage Services at J.A. Air
We understand the importance of selling your aircraft in a timely manner and for the right value. J.A. Air offers a brokerage option that saves time and money.
Our team is knowledgeable, licensed, and factory trained. Asking J.A. Air’s brokerage services to work on your behalf in the sales process means a team of experts is responsible for the details, including:
- Performing a detailed market analysis of comparable aircraft currently for sale
- Assisting with accurate pricing
- Developing domestic and international advertising
- Spearheading massive local exposure as well as advertising in all of the national and international web services.
- Negotiation of price and terms of the sale as well as providing sales agreements and working through escrow for closing.
Contact us today for any of your aviation needs or questions. We are excited to work with you and get your plane ready to fly the skies in no time!