Clarification to IYBA story

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Trade Only Today would like to clarify a story from Friday regarding the International Yacht Brokers Association. A press release received from the International Marine Association in Jacksonville, Fla., said that the International Yacht Brokers Association will transition into the International Marine Association. That statement was confusing to a number of brokers.

To clarify, the confusion lies in the fact that there were, very briefly, two organizations calling themselves by the same name. The Fort Lauderdale-based IYBA is the longstanding brokerage association of record and will continue with that designation. It is the world’s largest group of brokers.

The International Marine Association has agreed to no longer use the IYBA name. It previously signed an agreement to transfer the domain name, internationalyachtbrokersassociation.com, to IYBA.

“The International Yacht Brokers Association, the world’s largest yacht brokerage association, continues to operate under its same name,” said a statement from IYBA attorneys. “The article referenced a recent agreement transferring the domain name, internationalyachtbrokersassociation.com, to IYBA. The prior owner of the domain name now operates as the International Marine Association.” 

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