Brokerage Sales

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.

Florida broker group seminar includes tax-cap discussion

The Florida Yacht Brokers Association will hold its sixth annual East Coast Listing to Closing and the Law seminar, scheduled for June 17 at the Bahia Mar Beach Resort and Yachting Center in Fort Lauderdale. Topics of interest include the impact of Florida’s $18,000 boating sales-use tax cap that was signed into law May 28…more

Sailboat brokerage numbers are up in May

Yacht brokerage sales volume in 2010 has been running ahead of 2009 all year, but as brokerages moved into the typically high-volume selling season of May, the difference between sales in the two years has diminished. According to YachtWorld.com member brokers who report their sales in the proprietary database SoldBoats.com, units were up 7 percent…more

Brokerage seminars to discuss recent court decision

This year’s slate of one-day Yacht Brokerage University events held annually in various cities will feature a review of the recent Florida court decision that found HMY Yacht Sales liable for $1.7 million in damages after a customer claimed the 66-foot yacht he bought in 2007 was not seaworthy. (Look for an in-depth report on…more

Brokerage sales make gains in April

Yacht brokerage sales in the United States continued in April at a substantially higher volume than in April 2009, with unit sales for the month up 28 percent or more in all size categories of boats 55 feet and under. According to YachtWorld.com member broker reports in the proprietary database, SoldBoats.com, 2,927 boats changed hands…more

Lauderdale broker branches out on his own

Longtime broker Jared Neff announced he has left the Fort Lauderdale office of Denison Yacht Sales, where he got his start more than a decade ago, to start up his own full-service brokerage and charter firm. Fort Lauderdale-based Neff Yacht Sales is located at the Hilton Marina at 1875 SE 17th Street. The firm’s new…more

YachtWorld.com offers exclusive America’s Cup story

YachtWorld.com says the April issue of YachtWorld.com Magazine features an exclusive article on how a United States-backed team utilized technology to bring the America’s Cup back to the States. “Whether you’ve had the 159-year-old trophy competition on your radar screen or not, you’ll find our exclusive interviews with designers and engineers tell a riveting behind-the-scenes…more

Big-boat sales spur brokerage gains

As the first quarter of 2010 ended, yacht brokerages in the United States closed nearly 30 percent more boat sales than in the same period in 2009 and at a total valuation 70 percent higher. Close to 6,000 boats were sold, compared to approximately 4,600 in 2009, according to YachtWorld.com member brokers reporting sales in…more

Florida Yacht Brokers Association names officers

The Florida Yacht Brokers Association’s board of directors recently elected its 2010 slate of officers. Elected to serve as president is Crom Littlejohn of Merle Wood & Associates; vice president is Lon McCloskey of The Marine Group; secretary is Gary Smith of Sarasota Yacht & Ship; and re-elected to serve as treasurer is Bob Zarchen…more

Social media helping iboats.com traffic

Reporting increasingly strong interest in its online social network, iboats.com officials said they recently passed the 200,000-member mark. The current membership is 200,810. The company further reported that its Internet traffic grew by 32 percent in 2009 compared to 2008. Through mid-March, traffic had grown another 19 percent. “While boaters may not have bought as…more

YachtWorld.com debuts marine finance service

YachtWorld.com recently launched the YachtWorld Finance Center, its new marine finance service for yacht brokers. “YachtWorld.com’s goal is to provide yacht brokers with services that will enable them to sell more boats,” said Jeff Moore, director of sales for YachtWorld.com and Boats.com, in a statement. “The marine finance environment has been changing for some time…more

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