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.

Repo boats available in BoatTrader-GE arrangement

BoatTrader.com and GE Capital’s Commercial Distribution Finance announced an agreement that gives authorized marine retailers an opportunity to purchase current and non-current repossessed boats through CDF. “Today’s market and economic conditions have led to above-average levels of inventory,” said Bruce Van Wagoner, CDF marine president, in a statement. “This is driving the need for CDF…more

Repo team twice grabs wrong boat

A couple enjoying a quiet night on their boat in the Florida Keys were rousted from bed when a repo team cut the dock lines and water hose, disconnected the shore power and began towing them away from the dock. Not only were the couple still below as their Magnum 40 Sport Cruiser — appropriately…more

Repossessed boats to be sold at dealer auction

BankersLiquidation.com is conducting a three-day “dealer only” online auction May 26-28. “Due to a substantial increase in the number of new and used boats repossessed from dealers by major lenders and finance companies, we will be conducting a National Dealer Only Auction to enable dealers to fill out their dealership’s inventory with quality units at…more

Yacht broker opens California office

Denison Yacht Sales, a Fort Lauderdale-based yacht brokerage and charter firm, opened a new office on the West Coast. “This is a great opportunity for us to work more closely with a significant portion of our client base and to continue to grow the base of knowledge and talent associated with Denison Yacht Sales,” said…more

Broker spotlight added to YachtWorld.com

YachtWorld.com is introducing “Broker Spotlight,” a new service enabling brokerage houses to showcase their individual yacht brokers. “Our goal is to promote the value of the professional yacht broker to buyers and sellers,” said Ian Atkins, vice president and general manager of YachtWorld.com and Boats.com, in a statement. “This new service allows the individual broker…more

Web site marks boater-participation milestones

Salt Lake City-based iboats.com recently reached three milestones within its online boating forums. The number of answers to boaters’ questions, called “posts,” passed the 2-million mark and is currently at 2,042,246; the number of questions boaters have asked on the iboats’ forums just passed 300,000 and is currently at 300,065; and the number of “members”…more

YachtWorld, Boats.com name marketing consultant

YachtWorld.com and Boats.com appointed Dickman Marketing as their marketing consultant. “Their unique blend of Internet skills coupled with an in-depth knowledge of the way that yacht brokers and dealers operate will be a tremendous additional resource for our customers,” said Ian Atkins, vice president and general manager of YachtWorld.com and Boats.com, in a statement. Dickman…more

Broker pleads guilty to tax fraud

Florida yacht broker Robert Moran pleaded guilty Tuesday to filing a false tax return to conceal more than $3 million in a Swiss bank account. Moran, of Lighthouse Point, Fla., failed to note he had UBS accounts on his latest tax filing and failed to report the interest earned on the accounts, according to a…more

Denison Yacht Sales picks marketing firm

Haber and Quinn Public Relations and Marketing was chosen to represent Denison Yacht Sales, a full-service yacht brokerage and charter firm with offices in Marina Del Ray, Calif., and Fort Lauderdale. “We are fortunate to be working with Denison Yacht Sales at such a pivotal point, when the firm is moving aggressively to position itself…more

Yamaha turns to the Web to reduce costs

Yamaha Marine University will begin using electronic media to deliver business management training to its nearly 2,100 dealers, in an effort to reduce costs to dealers. Starting this March, YMU will deliver a series of seminars via WebEx, a Web-based meeting service that allows YMU instructors to communicate with students using voice and visual presentation…more

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