Selling a boat can seem nearly impossible with a global pandemic keeping everyone indoors and limiting opportunities for interaction. However, there are ways to promote your sale and attract potential buyers, and all it takes is a little ingenuity and an experienced boat broker. Consider the following information when deciding to move forward with hiring a professional to help sell your boat.

What You Need to Know About Today’s Boat Market

What Does the Current Market Look Like?

New powerboat sales held steady throughout 2019. Approximately 280,000 units were sold to consumers, achieving the second-highest total since 2007. Experts are anticipating a 2% increase in new powerboat sales for 2020.

Wake sports boats and personal watercraft sales saw a 6% increase in 2019, while cruisers—boats between 22 and 32 feet—experienced a 3% increase in sales from the previous year.

What Are the Benefits of Hiring a Boat Broker?

While navigating the process may seem simple enough, working with an experienced professional could offer the following benefits and streamline the entire sale:

• Exposure: Boat brokers have connections within the community. Whether it’s through online tools or word-of-mouth, they’ll list your boat where it will receive the most attention, ensuring you get responses.
• Price: Brokers have experience with boats of all shapes and sizes. They know the market prices and demands and will use their knowledge to create an attractive price point for potential buyers.
• Reputation: Brokers who have been in the industry for many years have a built-in following. Their reputation encourages customers to take an interest in your boat and could assure an honest deal.

If you’re looking to sell a boat, reach out to the experts at World Class Yacht Sales, Inc. This a locally owned boat broker in New Port Richey, FL, has been bringing buyers and sellers together for over 15 years. Their familiarity with the region gives them a cutting edge on the competition and the resources to ensure the best sales. They specialize in a vast assortment of watercraft and will work to secure a timely return on your investment. Call (727) 945-7500 to set up an appointment or visit their website for additional information.