HMY Sells 125 Yachts For $130m In 2nd Quarter

Posted on:

HMY would like to extend a sincere Thank You to all of our customers and our hardworking sales team for ending a spectacular 2nd quarter of 2016. While the successful trend is continuing with some impressive boat deals in the early part of July, the management team wanted to take a moment to reflect back over the last three months. The follow-up to a very busy May, where HMY sold 39 brokerage Yachts for $35 million, was a strong June that did not disappoint. For the entire 2nd quarter, HMY closed 125 new and brokerage yachts for a total of $130 million.

"We are seeing really good activity right now both on the sportfish side and the motor yacht side," said Tim Derrico, Director of Sales for the company. "Our new and used Viking business has been strong. We closed everything from a 42' to a 92' and the pipeline is still growing. The quality that Viking builds their boats with has helped them to maintain a strong resale value and there is definitely a high demand. The other exciting trend we are seeing though is the influx of motor yacht customers looking to list their yacht with us or wanting to purchase. We just recently had a customer that closed on a new Ocean Alexander 85 Motor Yacht and we have sold several new and used Princess Yachts models of all different lengths. And thanks to HMY Team Lazzara, we have 10 used Lazzara Yacht listings currently which is about 1/3 of the entire U.S. market for this brand. Our marketing efforts at boat shows, online, and in print have paid off immensely. There just is no hotter professional brokerage firm in the industry right now. If you want to sell your yacht, you come to HMY."

HMY also saw a strong number of custom sportfishing yachts sell in the 2nd quarter as well. Boats from Garlington, Rybovich, Paul Mann, and Ricky Scarborough were all closed by the HMY sales team.

Here are some of the brokerage yachts that were sold by HMY in the 2nd quarter:

1993 Azimut 96' Motor Yacht

2011 Princess 95' Flybridge

2011 Ferretti 80' Motor Yacht

2016 Viking Yachts 80' Convertible

2009 Rybovich 78' Custom Sportfish

2012 Lazzara 76' Motor Yacht

2007 Horizon 76' Motor Yacht

2009 Viking Yachts 74' Convertible

2015 Princess Yachts 72' Motor Yacht

2003 Ricky Scarborough 70' Custom Sportfish

2006 Viking Yachts 68' Convertible

4-  Viking Yachts 64'-65' Convertibles

2- Garlington 61' Custom Sportfish


If you are in the market to buy a boat or want to sell the yacht you have, there is no better brokerage firm. Contact Us today to get started.

Need to talk to an HMY Specialist?

Share This Article:

Office Locations