HMY Yacht Sales closed out its second quarter by reporting a 34-percent increase in brokerage sales over 2016.
While industry reports from Yachtworld showed a drop in boat sales in April and May across all brokerage firms, HMY posted double-digit increases both months while finally closing out June 2017 88 percent over June 2016.
"Our team is absolutely on fire right now," HMY sales director Tim Derrico said in a statement. "The industry reports show a small drop in boat sales overall, but we aren't seeing it. I think HMY is just getting a larger piece of the market share that is out there. Between our experienced sales and support team and the dominant marketing presence we have, we are attracting more buyers and sellers."
The 115 brokerage yachts sold in the quarter for $104,164,708 included a variety of motor yachts, sportfishing yachts, trawlers, and center console boats.
"We really saw the Viking and custom sportfish market come alive this quarter," said Derrico.
HMY has sales team members that have been in the industry for more than 20 years and specialize in specific boat types and manufacturers.