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.

YachtWorld.com schedules broker seminars

YachtWorld.com is partnering with the Yacht Brokers Association of America to co-present Yacht Brokerage University seminars June 14 in Rhode Island and June 16 in Maryland. “We are pleased to be partnering with YBAA again in this year’s sessions,” said Ian Atkins, vice president and general manager of YachtWorld.com, in a statement. “Our curriculum has…more

Brokerage sales down in first quarter

After weak sales of bigger boats in March, U.S. brokerage members of YachtWorld.com reported selling more boats longer than 46 feet in April than they did 12 months earlier. Sales in the U.S. brokerage market were down 9 percent overall in April, from 3,098 boats to 2,822, but 225 big boats changed hands, up from…more

Florida broker regulations will remain law

After months of intense lobbying by the Florida Yacht Brokers Association and its partners, the Marine Industries Association of South Florida and the Marine Industries Association of Florida, the Florida legislature agreed Saturday not to repeal the Florida Yacht & Ship Brokers Act, the brokers group said.   The licensing and regulations that have protected…more

Yacht broker adds Michigan office

The 765 Yachts professional yacht broker network, which has offices in Florida and Ontario, Canada, announced the opening of an office in Grosse Pointe/Lake St. Clair, Mich. The brokerage named Mike Sandmair to head the office. Sandmair is a lifelong Michigan boater and a local businessman who owns Old Boat Heaven. Click here for the…more

Groups oppose deregulation of Florida broker industry

There’s legislation under consideration in Florida that would deregulate the state’s “strong and vibrant” yacht brokerage industry by ending the Florida Yacht & Ship Brokers Act. The Florida Yacht Brokers Association, the Marine Industries Association of South Florida and the Marine Industries Association of Florida oppose the measure because it would undermine the professionalism of…more

Brokerage valuations dip on big-boat decline

In March, the 2,585 brokerage boats sold in the United States came close to equaling the 2,611 sold in the same month in 2010. However, the total value of the boats sold, $254 million, was $73 million, or 22 percent, less than a year ago, when sales were $327 million. According to YachtWorld.com member brokerages,…more

Seattle brokerage firm has new address

Seattle-based brokerage company Irwin Yacht Sales recently moved to a new location. Formerly located in the Vic Franck Co. marina building, Irwin has moved to new quarters next door into a newly remodeled office at the foot of Stone Way at north Lake Union. “We just ran out of room due to increased business and…more

Slow start for 2011 brokerage sales

Unit sales in the U.S. boat brokerage market continue to track closely with five-year monthly averages. As in other recent months, February brokerage unit sales came in slightly under the five-year average and below sales from the same month a year earlier. YachtWorld.com member brokerages reported selling 1,699 boats in February, down 48 boats, or…more

Dominion Marine Media executive to speak in Iceland

David Main, head of search marketing for Dominion Marine Media, is speaking March 11 at the Reykjavik (Iceland) Internet Marketing Conference & Expo. “David’s expertise in search engine optimization and search engine marketing is a vital and important asset for the brokers and dealers who partner with us,” said Courtney Chalmers, director of marketing for…more

YachtWorld.com to debut market index in Miami

YachtWorld.com is releasing the inaugural YachtWorld.com Market Index Annual Report, providing a unique and comprehensive view of the marine industry in the United States and globally, at this week’s Miami International Boat Show. Last year, 29,494 boats changed hands – an increase of 8 percent from 2009. The total value of those boats was $3.2…more

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