United Yacht Sales said its sales increased by more than 40 percent in 2018. The Stuart, Florida-based company issued a statement saying that a strong stock market, increased marketing efforts and new brokers were responsible for the growth in sales.
Schmidt said the increases in marketing helped attract more than 30 new brokers. The company also told Trade Only Today that it experienced increases in average sales prices of each deal. United sold just under 500 boats, with the largest being a Benetti 197'. It was larger than any other boat the company sold in 2017.
"We have strong momentum going into 2019," noted Schmidt.