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.
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.
The Egg Harbor Group chose United Yacht Sales LLC to represent the company’s full product line.
Brokerage boat sales in the United States climbed 18 percent in November as 1,983 boats were sold, a gain of almost 300 from the same month in 2012.
The U.K.-based Friday Media Group is launching BoatsandOutboards.com in the United States in light of success with BoatShop24.com in the United Kingdom.
Sales of brokerage boats in the United States rose in October to 2,318, a 4 percent gain from the same month a year earlier. Powerboat sales were key to the increase with 1,861 boats changing hands, an increase of 7 percent, according to YachtWorld member brokers reporting in their proprietary database SoldBoats.com. Sailboat sales fell…more
The U.S. brokerage market continued to exhibit strength in September as 2,549 boats changed hands, a 29 percent improvement in sales volume from the same month a year earlier. The number of boats sold was not only much higher than a year earlier, but it also was 353 boats above the five-year average for sales…more
The Gulf Coast Yacht Brokers Association, an affiliation of brokers and associate members from the marine industry in Texas, named a new president. David Hunt of Texas Power Yachts took the reins from past president Rex Bettis of Jay Bettis & Co. The nearly 30-year-old association has been active in several areas of the industry,…more
U.S. brokerage sales topped 3,000 boats for the fifth month in a row in August, finishing 9 percent ahead of the same month a year earlier. Aggregate totals from YachtWorld member brokerages reporting in SoldBoats.com, their proprietary database, were 3,066 boats sold — 256 more than in August 2012 — and $312.5 million changing hands,…more
Chet Hartshorn joined Wellington Yacht Partners as a broker. Hartshorn has been a yacht broker for almost 45 years, including stints at Luke Brown in Fort Lauderdale during the “pioneer” days and 30 years at Little Harbor Yacht Brokerage, working with Ted Hood Sr. A certified professional yacht broker, Hartshorn also brings training at the…more
United Yacht Sales LLC selected YachtCloser’s web-based contract management system in an effort to make the process of buying and selling a yacht faster and easier for brokers and clients. The largest independent yacht brokerage firm in America, with more than 120 yacht brokers in 16 U.S. states and Canada, United Yacht Sales closes more…more