After 18 years leading the yacht brokerage firm Edmiston & Company, founder Nicholas Edmiston plans to step back from day-to-day management of the business.
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.
With 2,414 boats changing owners in September, sales in the U.S. brokerage market were off 7 percent compared with the same month in 2013.
Fort Lauderdale-based motoryacht brokerage 26 North Yachts announced the addition of experienced broker Bob Offer.
The broker who is looking to sell the 284-foot superyacht Cakewalk is finding buyers harder to come by — a trend in the superyacht marketplace that bears watching.
Knot 10 Yacht Sales added Randy Walterhoefer to the brokerage.
Brokerage boat sales declined 5 percent in August as 2,862 boats changed hands, compared with 3,027 in the same month last year.
Yacht-selling website Yatco expanded its sales and marketing teams with two new regional sales managers and three additional marketing personnel.
Sales of brokerage boats declined in July with volume off 8 percent and the total value of boats sold off 1 percent compared with the same month a year earlier.
The Hampton Yacht Group, a new- and brokerage-boat sale group with offices in Seattle; Newport Beach, Calif.; and Shanghai and Sanya, China, is getting results from its video tours posted on YouTube.
The number of brokerage boats sold in the United States in June was down 2 percent below the total for the same month last year.