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.

Wellington Yacht Partners adds broker

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 signs on with YachtCloser

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

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YBAA honors former president with tribute

The Yacht Brokers Association of America posthumously honored former association president and industry veteran Bruce Brakenhoff Sr. The 2013 Paul W. Bennett Award, the association’s highest honor, was presented to Brakenhoff’s widow, Noel, and his son, Bruce Brakenhoff Jr., at a recent Yacht Broker University event in Providence, R.I. “Having served over 60 years in…more

Brokerage sales show gains in July

U.S. brokerage sales increased to 3,517 boats in July, a 10 percent gain from the 3,210 that were sold in the same month a year earlier. According to YachtWorld member brokerages reporting in SoldBoats.com, their proprietary database, it was the third month in a row that sales topped 3,500. That figure previously had been reached…more

Yachting Experts adds Belize 54 to portfolio

South Florida sales and brokerage firm Yachting Experts is now representing the new Belize 54. The yacht is the flagship of the Belize Motoryachts line from Riviera. Yachting Experts is the exclusive sales and service partner for Belize and Riviera in Florida’s Miami-Dade, Monroe and Broward counties. The Belize 54 will make its official U.S.…more

Boats.com marks YouTube milestone

Dominion Marine Media’s boats.com YouTube channel recently surpassed a million viewers. Boats.com’s most watched video, “First Run with Seven Marine 557-hp Outboard,” was shot in 2011 at the Miami International Boat Show and has been watched more than 300,000 times. Its most popular how-to video, “How to Restore Faded Gel Coat,” has garnered more than…more

YachtCloser adds insurers to its system

YachtCloser, touted as the first administrative tool for the yacht brokerage world that automates the entire sales process, hasn’t been around for two years yet, but it’s growing exponentially. Now the company is adding insurance providers to the system to automate that part of the process. “Essentially the broker has the opportunity to click a…more

Brokerage sales keep momentum in June

After a record-setting month in May — the best in five years — U.S. yacht brokers recorded another strong month in June, selling 3,558 boats, 172 fewer than in May but 101 more than in June 2012. YachtWorld member brokerages reporting in their proprietary database, Soldboats.com, said they not only sold 3 percent more boats,…more

Repo business turns to brokerage sales

Seeing the boat repossession market sag, a Michigan marine company is boosting its used-boat brokerage business. Jeff Henderson, president of Harrison Marine Services in Harrison Township, started his business 25 years ago to provide repossession, the liquidation and storage of recovered boats, consulting and investigative work. Business grew every year until about 2010, when boat…more

Iboats.com reports social media growth

Utah-based iboats.com announced it recently passed the 400,000-member mark in its forums. In addition to the forums, iboats.com has 71,948 “friends” to its “I Love Boating” Facebook page and Twitter followers have topped 14,500. “The total iboats social media reach has grown by over 11 percent in the last year, continuing to make iboats.com the…more

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