All that Glitters Isn't Gold!
It is that time of year again when the marine listings swell in anticipation of the Winter Selling season. Almost like the swallows returning to Capistrano, boats in the Northern half of the United States are en route to their Winter berths. Coinciding with this return to their Winter Storage, many owners make the decision to put the boats on the market after a year of boating is complete, many use the end of the season as the natural breaking point to decide to upgrade or move on to something new. Complicating the Winter brokerage season this year more than others is the fact that we have two major hurricanes that have displaced and in some cases destroyed some of the boats in the Southern part of the country. With damages estimated to be in the deep seven figures, you can be sure that insurance companies will be looking to sell the salvaged vessels on the secondary market to recoup some of their monetary loss. Regulation...
