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Soundings Trade Only 

 
 
  
     

YachtCloser 

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 Upcoming
e-Seminars
   Earn 3 CPYB Recertification Credits!

July 10, 2013

For CPYB Only

Mark Your Calendar  

 

  July 24, 2013

For YBAA & CPYB Members
Mark Your Calendar
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 CPYB Recertification Credit Opportunities 

Continuing education and professional development is essential for Yacht Sales Professionals to perform their job at the highest possible level. Certified Professional Yacht Brokers (CPYB) are required to earn a minimum of 30 credit hours of continuing education / professional development every 3 years.

See the upcoming events here.

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Members Only!

   

 

 

   

     
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When Seeking Your Next Yacht, Use a CPYB Broker as Your Buyers Agent!

By: Hal Slater, CPYB - Brewer Yacht Sales & YBAA Treasurer

 

When seeking to buy your next boat, give serious consideration to being represented by a CPYB certified yacht broker who will work solely on your behalf. As your 'Buyer's Agent,' a CPYB yacht sales professional will help strengthen your position in many ways, including helping to negotiate the fairest deal possible, while saving you valuable time and, possibly, avoiding costly mistakes.

 

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Insurance Lessons from Super Storm Sandy for Marine Businesses

By: Steve Prime, Gowrie Group


Super Storm Sandy in October of 2013 was a real wake up call for the Northeast, and for those in hurricane prone states in general.  Sandy was the single-largest recreational boating industry loss ever recorded, with more than $650 million in damage to boats alone. There were 1.5 million claims filed. Over 65,000 boats were damaged or destroyed.  Sandy was the first really powerful storm to hit the metropolitan New York area in years. Those of us working along the coast felt Sandy's impact in many ways.  Applying lessons learned from Hurricane Sandy will help you protect your business in the future.
 
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A Yacht Owner's 'Trusted Team of Advisors' - Teamwork is Key

By: David M. Bohonnon & Steven A. Clark; Bohonnon Law Firm, LLC

 

David Bohannon Our goal in this industry is to provide to our clients the very best in service and guidance, and ultimately gain each client's continued confidence and trust. Meeting the objectives of the specific transaction in a timely and cost effective way is paramount. The quintessential key to accomplishing this goal is establishing a trusted team of advisors that can address each of the many facets of ownership and operation that face both new and seasoned yacht owners.


Read the full article here.  

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Q1 Brokerage Sales Decline; Values Increase

 

YachtWorld's Q1 2013 Market Index U.S.reports that unit sales declined in the U.S. brokerage market during the first quarter of 2013 compared to the same period in 2012. According to YachtWorld member brokerages reporting in SoldBoats.com, their proprietary database, aggregate sales for the three months were off by 5 percent, with 5,905 boats changing hand.

 

Read the full article here.
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Boating Injuries and Accidents Down in 2012

 

The U.S. Coast Guard released recreational boating statistics on Tuesday, May 14th, detailing a healthy decline in boating-related injuries, accidents, and deaths in 2012. From 2011 to 2012, deaths in boating-related accidents decreased from 758 to 651, a 14.1 percent decrease and the lowest number of boating fatalities on record. Injuries decreased from 3,081 to 3,000, a 2.6 percent reduction; and the total reported recreational boating accidents decreased from 4,588 to 4,515, a 1.6 percent decrease. Statistics contained within the report provide a clear link between operator training and safety on the water: only 14 percent of deaths occurred on vessels where the operator had received safety instruction or training. The report also highlights the importance of lifejackets; 84 percent of overall drowning victims, and 80 percent of young victims, were found to not be wearing PFDs.  

 

 Read the full article here. 
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