North South Nautical Group is a proud supporter of the Certified Professional Yacht Broker program. We encourage all of our brokers to become CPYB certified and as a team became the first yacht brokerage in Canada to attain the recognition of CPYB ‘Endorsed Brokerage’. But what does it mean for the boat buyer or seller? Isn’t one yacht brokerage as good as another? Like other industries, recreational boating has created professional organizations to monitor its activities. In North America, it’s the CPYB that monitors and regulates the activities of yacht brokers. CPYB certification is rigorous, requiring 3 years work experience prior to applying, an extensive three-hour exam and regular annual re-certification credits. With all that work, boat buyers and sellers can
North America’s largest indoor boat show, the Toronto Boat Show is celebrating its 59th year as ‘the best place to see and buy the latest in boats and boating related accessories and services’. The show runs January 21 to 29 (January 20 is the preview day) at the Enercare Centre, Exhbition Place, Toronto. Advance tickets are now on sale, with a number of options for single, 2-day, 9-day and unlimited weekday evening passes. North South Yacht Sales, Ontario’s specialists in pre-owned power and sailing vessels, will showcase their ‘wall of boat dreams’ in booth #1737 – located along the north wall. Drop by our show booth, check out our dream boat board and meet the NSYS team. Not your first show visit? Here
PRESS RELEASE Mike Burns, President of North South Nautical Group Inc., is pleased to announce that Cenk (Jack) Yener has joined the North South Yacht Sales division. He will be working jointly with his wife Elif Hanhan Yener who joined NSYS in 2015. Originally from Turkey, the Yener’s were the owner/operators of a successful Yacht Brokerage at the Kalamis Marina in Istanbul. While Elif re-located the family to Canada, Cenk (Jack) who holds a Florida Yacht & Ship Salesperson’s License, operated as a Yacht Broker in Miami. According to Burns: “Combined, Cenk and Elif have a wealth of knowledge and well-established contacts not just in Canada, but throughout Europe and the United States. Cenk will make a wonderful addition to
The Port Credit In-Water Boat Show has plenty to offer boaters & vendors! The 26th Annual Port Credit In-Water Boat Show runs August 26-28 at the Port Credit Harbour Marina. This year promises to be another very successful show with a forecast of great weather – and a great selection of new and pre-owned vessels for sale. The CPYB brokers at North South Yacht Sales are pleased to showcase the following vessels on R dock: 1985 Ocean Alexander 38 Double Cabin 2003 Hunter 326 1995 Bayliner 4587 Cockpit Motor Yacht 1986 Ocean 38 Super Sport Show visitors will also be able to inspect power and sailing vessels from Port Credit Yacht Brokers: Anchor Yacht Sales, Pat Sturgeon Yachts, Navy Point Yacht Sales and
The Port Credit Spring Boat Show is the annual kick-off to the boating season! The 3rd annual Port Credit Spring Boat Show runs June 3-5, 2016 at Port Credit’s prestigious, Credit Village Marina. Once again, this year promises to be another very successful show – with great weather and a great selection of new and pre-owned vessels for sale. Visitors can expect to find an extensive display of new & used power and sailboats from the Port Credit Yacht Brokers (Anchor Yacht Sales, North Lakes Yachting, Pat Sturgeon Yachts and True North Yachts). And of course you can count on seeing vessels from the North South Yacht Sales. Our CPYB yacht brokers will be ready to put you in the boat of
Selling your boat is just like selling your house, you want to present your best. If you are thinking of selling your boat, now is the time to make sure that your boat is clean and those annoying little things that should have been fixed are. Our professional yacht brokers have been selling boats for many years, and are knowledgeable on those exact items that could make or break a sale. Here are a few things to consider when getting your boat ready for sale: De-clutter and clean your boat. If the carpets and upholstery are worn, it may be worth investing in replacing these items. Again, it will not make your boat worth more than fair market value, but
When you’re ready to sell your boat, establishing a price can be difficult.
This is precisely one of the services a professional yacht broker can guide you through to help establish a price that is fair market value and encourage a quick sale.
At North South Yacht Sales, we ask our customers to keep a few things in mind when establishing a boat price –
The 10% rule
– Yacht brokers use a number of tools, (not always available to the public) to determine the value of a boat. Once a broker has established an average selling price, the asking price is set to within 10% (lower or higher) of that price.
What’s key, is to understand that the value of a boat should not be determined by the asking price of similar boats currently on the market, but rather by an assessed market value based on sold boat data.
Mike Burns, President of North South Yacht Sales shown here with Erik Kyle, publisher of Great Lakes Scuttlebutt at the 2015 Toronto Boat Show talks about finding the right boat and the right fit for each customer. On the question of boat pricing, Mike explained that the market has corrected itself and particularly for the last two years prices have been pretty stable. North South Yacht Sales anticipates more US boaters venturing to Canada to take advantage on the currency exchange. If you are interested in bringing a boat across the border, the CPYB brokers at North South Yacht Sales, are experienced at facilitating international transactions. Whether you are looking to import or export a vessel between Canada and the US,
At the 2015 Toronto International Boat Show, Boating Georgian Bay interviewed Mike Burns, President of North South Nautical Group, Ken MacDonald of Parkbridge Marinas and Chris Meyer of Crate’s Lake Country Boats, to give their insights on how lower fuel prices will affect the 2015 boating season. According to BGB, it’s good news for the marine industry. Via video.