After eight months of year-over-year improvement, the U.S. yacht brokerage market started 2014 with 5 percent fewer boat sales in January than it had in the same month last year.
Monthly reports on sales of brokerage boats help the industry understand the sizes and types of used vessels that consumers are buying and how long it takes to sell them.
YachtWorld.com hired Roger Herd as its regional sales manager for Florida.
QPS Marine, the brokerage arm of Nautical Ventures Group, is pleased to announce the sale of a 627-foot ocean liner for $14 million.
International Yacht Collection named Frank Grzeszczak and Barbara Stork Landeweer as the company’s 2013 Yacht and Charter Brokers of the Year, respectively.
Dominion Marine Media portal Boats.com, the global online resource for boating enthusiasts, announced the launch of redesigned web portals in the United States, Canada and Australia.
Longtime boater and marine industry executive Dave Patnaude recently launched eBoatBrokers.com, a new “one-stop” online boat brokerage, financing and insurance company.
U.S. yacht brokers sold 1,528 boats in December, completing a strong fourth quarter and an eighth straight month of improving sales compared with the same month in 2012.
A Florida boat dealer faced a courtroom full of angry customers on Thursday who accused him of stealing from them, but he avoided jail time after promising to repay $312,000.
Boat Trader displayed 101,514 used-boat listings at www.boattrader.com during the 12-month period from Dec. 1, 2012, through Nov. 30, and the category with the most listings — 22,204 — was the price range between $10,000 and $20,000.
The late 2000s generally will not be remembered as a good time for boat businesses since the real estate market crash dried up the net worth of many would-be boat owners.