October 2009 - Florida Yacht Brokers Association, Inc.
October 2009 - Florida Yacht Brokers Association, Inc.
October 2009 - Florida Yacht Brokers Association, Inc.
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PRESIDENT<br />
Bruce Schattenburg (The Sacks Group)<br />
VICE PRESIDENT<br />
Crom Littlejohn (Merle Wood & Associates)<br />
TREASURER<br />
Bob Zarchen (Sparkman & Stephens)<br />
SECRETARY<br />
Jeff Erdmann (Bollman <strong>Yacht</strong>s)<br />
DIRECTORS<br />
Georges Bourgoignie (Camper & Nicholsons)<br />
Jason Dunbar (Luke Brown <strong>Yacht</strong>s)<br />
Paul Flannery (HMY <strong>Yacht</strong> Sales)<br />
Tom George (Tom George <strong>Yacht</strong> Group)<br />
Whit Kirtland (The Marine Group)<br />
Lon McCloskey (The Marine Group)<br />
Gary Smith (Sarasota <strong>Yacht</strong> & Ship)<br />
COMMITTEE CHAIRMAN<br />
Advertising/Publicity:<br />
Lon McCloskey & Georges Bourgoignie<br />
Arbitration Ethics:<br />
Crom Littlejohn, Lon McCloskey & Paul Flannery<br />
Brokerage <strong>Yacht</strong> Show:<br />
Lon McCloskey, Crom Littlejohn & Whit Kirtland<br />
Charter Broker Liaison:<br />
Crom Littlejohn, Bruce Schattenburg & Lon McCloskey<br />
Brokerage Forms:<br />
Crom Littlejohn, Paul Flannery & Gary Smith<br />
Charter Forms: Crom Littlejohn & Bruce Schattenburg<br />
Membership: Tom George & Georges Bourgoignie<br />
Member Services:<br />
Jason Dunbar, Bruce Schattenburg<br />
& Georges Bourgoignie<br />
MIASF & Legislation:<br />
Jeff Erdmann, Jason Dunbar & Georges Bourgoignie<br />
Seminars: Bob Zarchen & Tom George<br />
Sponsorship:<br />
Bob Zarchen, Tom George & Paul Flannery<br />
Social: Jason Dunbar & Lon McCloskey<br />
CYBA, MYBA, YBAA, IYC & AYCA Liaisons:<br />
Bruce Schattenburg, Crom Littlejohn & Gary Smith<br />
Certified Professional <strong>Yacht</strong> <strong>Brokers</strong> Liaison:<br />
Tom George, Gary Smith & Chuck MacMahon<br />
EXECUTIVE DIRECTOR<br />
Rae Whitt<br />
O C T O B E R 2 0 0 9<br />
THANK YOU TO OUR<br />
14TH ANNUAL YACHT SALES & THE LAW<br />
SEMINAR SPONSORS!<br />
FYBA President Bruce Schattenburg, sponsor David Baker from Alley, Maass Rogers & Lindsay,<br />
P.A., sponsor Frank Atlass from Atlass Insurance Group, & FYBA Immediate Past President<br />
Whit Kirtland at the <strong>Yacht</strong> Sales & the Law Seminar (see pg. 14-15)<br />
THANK YOU TO OUR<br />
CHARTER DESTINATIONS SEMINAR<br />
SPEAKER/SPONSORS!<br />
Michael Sawyer, Captain Bryan Pridgeon, Captain Gui Garcia & Captain Martin VandenBerg<br />
(see pg. 16-17)
SPONSORS<br />
PLATINUM SPONSORS<br />
MOORE & CO.<br />
<strong>2009</strong> Annual Dinner Meeting<br />
WESTPORT<br />
<strong>2009</strong> Annual Dinner Meeting<br />
TRIDENT FUNDING CORPORATION<br />
Thursday Broker Shows<br />
FOWLER WHITE BURNETT, P.A.<br />
4th & 5th Annual Listings to Closings & the Law<br />
GOLD SPONSORS<br />
ALLEY, MAASS, ROGERS & LINDSAY, P.A<br />
14th Annual <strong>Yacht</strong> Sales & the Law Seminar<br />
SILVER SPONSORS<br />
PORT LOUIS MARINA<br />
BY CAMPER & NICHOLSONS<br />
Educational Charter Seminar<br />
ASAP MARINE DOCUMENTATION &<br />
REGISTRATION, INC.<br />
5th Annual Listings to Closings & the Law Seminar<br />
ATLASS INSURANCE GROUP<br />
14th Annual <strong>Yacht</strong> Sales & the Law Seminar<br />
TOTAL DOLLAR INSURANCE<br />
4th Annual Listings to Closings & the Law Seminar<br />
BRONZE SPONSORS<br />
MARINA PAPAGAYO<br />
IGY: ISLAND GLOBAL YACHTING<br />
SHOWBOATS INTERNATIONAL<br />
Charter Destinations Seminar<br />
BANK OF AMERICA<br />
Annual Dinner Meeting (Band)<br />
CONTRIBUTING SPONSORS<br />
MIKE WHITT<br />
INTERCOASTAL FINANCIAL GROUP<br />
By Danielle J. Butler<br />
C O N T A C T U S F O R 2 0 0 9 S P O N S O R S H I P I N F O R M A T I O N<br />
M A R I T I M E L A W<br />
THE ROLES WE PLAY IN A TRANSACTION<br />
We have arrived at the apex event for the yachting industry, the <strong>2009</strong> Ft. Lauderdale<br />
International Boat Show (“FLIBS”). This year, we find ourselves in a distressed economy<br />
filled with apprehension and conservative spending. The client’s trepidation to buy<br />
in this economic climate has put a tight squeeze on the yachting industry. We find ourselves<br />
with much supply, but less demand, which usually equates to desperate acts.<br />
Desperation causes poor judgment and mistakes. Avoid mistakes, close efficiently and<br />
effectively by calling upon the resources available to you in this industry, such as your<br />
fellow brokers, FYBA, yachting attorneys, bankers, insurance brokers, customs brokers,<br />
documentations agents and registration representatives. Don’t answer a question that you<br />
aren’t 100% sure of the answer. Instead, call the appropriate representative to assist you,<br />
as they are only a phone call away!<br />
With that, I am going to tell you a story about Justine and her flawless yacht transaction<br />
experience. Justine flies into Fort Lauderdale on her G5 from The Maldives to buy<br />
a yacht. She contacts FYBA for a yacht broker, assuming that she did not already fall<br />
over 20 yacht brokers from the airport to her hotel. Upon meeting with the yacht broker,<br />
he explains his duty to her. He tells her that he will assist her with wading through<br />
the vast inventory available. He will be there from the showing, to contracting, to surveying<br />
to closing. The yacht broker helps her select a boat that fits her particular taste<br />
and discusses chartering. The yacht broker takes Justine and her entourage through the<br />
multitude of yachts at FLIBS. Justine finds the yacht of her dreams at FLIBS. Upon<br />
seeing the yacht’s price tag, Justine starts to well up with tears. To avoid seeing a<br />
woman cry, the yacht broker immediately grabs his Crackberry and calls a banker. The<br />
banker comes up with the most favorable business terms that will allow Justine to not<br />
only buy the yacht, but allow her cash to stay in her account. Elated, Justine now has<br />
her yacht chosen and understands how to buy it.<br />
Over dinner at Steak 954, Justine’s yacht broker hands her a form contract to review.<br />
Again, Justine’s eyes start to well up, so her wise yacht broker calls upon a yachting<br />
attorney. The yachting attorney, not being able to resist a good steak, joins them for<br />
dinner. The yachting attorney helps Justine break the legal code in the contract and<br />
explains to her the legal implications of her purchase, such as liability avoidance, tax<br />
implications, insurance risks, and charter regulations. Justine’s yachting attorney<br />
departs with a new client and a full belly. The yachting attorney and yacht broker work<br />
together to get the contract signed by both parties. Upon reflecting, Justine marvels at<br />
the wisdom of the yacht broker in advising her to seek legal counsel immediately, especially<br />
since the yacht broker made it clear to Justine that he would not practice law without<br />
a license by rendering advice on taxes and liability avoidance and by drafting legal<br />
documents, such as a contract or acceptance.<br />
CONTACT:<br />
P O BOX 460044<br />
FT. LAUDERDALE, FLORIDA 33346<br />
95 4.522.9270 TEL / 954.764.0697 FAX<br />
WWW.FYBA.ORG / FYBA@FYBA.ORG
M A R I T I M E L A W<br />
THE ROLES WE PLAY IN A TRANSACTION<br />
That night, Justine wakes up from a nightmare where her evil mother-in-law tripped and<br />
fell, sued Justine and ended up with Justine’s yacht. Not caring that it is 3:40am,<br />
Justine quickly calls her yacht broker for a solution to this nightmare. The yacht broker<br />
calms her by telling her that he will recommend her to an insurance broker. The<br />
next morning, the yacht broker delivers Justine to the insurance broker. Justine shares<br />
her nightmare with the insurance broker, noticing that the insurance agent also breaks<br />
out in a sweat upon hearing the term mother-in-law. The insurance agent lays out the<br />
protection afforded by a marine insurance policy and its exclusions and risks. The insurance<br />
broker presents Justine with a couple of policy options and helps Justine choose<br />
the best coverage based on her cruising schedule and her plans for the yacht.<br />
Next, they meet up with a yacht surveyor. The surveyor explains how he will go<br />
through the yacht with a fine tooth comb. The surveyor produces a 20 page report<br />
spelling out what Justine must know before accepting or rejecting the yacht. Both<br />
yacht brokers involved in the transaction disclose all known defects that would have an<br />
effect on Justine’s decision whether to accept or reject the yacht. The surveyor’s report<br />
states that there is erroneous hull lamination. When Justine discovers the cost to repair<br />
this, she requests that the Seller fix the hull lamination before the closing. The yacht<br />
broker stops her mid- sentence and they get her yachting attorney on the phone. Justine<br />
and her yachting attorney discuss the best way to make a conditional acceptance. They<br />
agree that the best thing to do is to determine the cost of repairing the hull lamination,<br />
request that the Seller reduce the price by this amount and have Justine take care of the<br />
issues post closing. The yachting attorney avoided future litigation by not having the<br />
Seller attempt to repair the hull lamination to Justine’s impossible standard. Justine<br />
pulls the trigger and accepts the yacht. The yacht broker happily deposits her into the<br />
hands of her yachting attorney. They meet to discuss liability avoidance, registration<br />
and tax issues. Justine’s yachting attorney informs her that the law firm will be hiring<br />
a documentation agent to assist them with the registration of the yacht. Justine<br />
then tries to take a short cut and asks the documentation agent if she can draft the mortgage<br />
documents and corporate documents for her to save on additional legal fees.<br />
Knowing that it is illegal to practice law without a license and that this act would not<br />
be covered by her E/O policy, the documentation agent flatly refuses Justine’s request<br />
and informs her that the law bars non-lawyers from drafting or reviewing legal documents<br />
and that under <strong>Florida</strong> Law a non-lawyer is only allowed to fill in the business<br />
terms into a document.<br />
It is closing day and Justine has on her best yachting chic outfit. Justine does a final walk<br />
through of the yacht. Present is her yacht broker, her yachting attorney and the Seller’s<br />
similar representatives. Her yachting attorney walks her through each piece of paper.<br />
Justine has the closing funds wired to the Seller. She is now a yacht owner! Justine lives<br />
happily ever after sailing away on M/Y Bad Kitty into the sunset! The end.<br />
The moral of the story is, be prepared! Take a minute to add your favorite industry contacts<br />
to your phone. You will be amazed by the efficiency that this quick action creates.<br />
To say the least, your client will be impressed with your ability to call upon an<br />
industry expert who can assist your client’s immediate needs.<br />
Danielle J. Butler, Esq. - Fowler White Burnett P.A. / Maritime Attorney admitted in NY, FL and D.C.<br />
100 Southeast 3rd Ave., Suite 1100,Fort Lauderdale, FL 33394<br />
Direct: 305-789-9268, Cell: 786-543-1141 / dbutler@fowler-white.com / www.fowler-white.com<br />
* The information offered in this column is summary in nature and should not be considered a legal opinion.<br />
**Danielle J. Butler is a Partner in the Maritime Practice Group at Fowler White Burnett P.A. Ms. Butler handles<br />
both litigation and transactional matters within the yachting community. )<br />
Feature Article ................................................2-3<br />
Sept. <strong>Brokers</strong> Open House Recap........4-5<br />
New Members ....................................................6<br />
New Applicants..................................................7<br />
Member News ..........................................10-12<br />
<strong>Yacht</strong> Sales & the Law Recap ............14-15<br />
Charter Destinations Recap................16-17<br />
Charter News....................................................18<br />
On The Move....................................................19<br />
Bulletin Board ..................................................20<br />
Membership Info ............................................26<br />
Membership Application ............................27<br />
Charter Open House Recap ....................28<br />
Is Your<br />
GOLD STAR<br />
Attached?<br />
Dues must be paid in order to be<br />
listed in the FYBA Directory and<br />
Website. If you did not receive the<br />
email with your link to pay your<br />
dues online, please contact fyba at<br />
954.522.9270 or email<br />
randi@fyba.org.<br />
09<br />
<strong>2009</strong><br />
3
The <strong>2009</strong> Broker Open House events<br />
ended on a high note with the last open<br />
house of the year being held at Bahia<br />
Mar on September 17. Over 140 industry<br />
professionals gathered to view the<br />
26 yachts on display. <strong>Yacht</strong>s ranged in<br />
size from the 157’ Trinity LADY LINDA to<br />
the 51’ Bertram REEL HIGH COTTON.<br />
Attendees had the opportunity to enjoy<br />
delicious hors d’oeuvres and cold beverages<br />
while networking with their<br />
industry peers. The open house was a<br />
great way for everyone to get together<br />
before boat show season starts!<br />
Thanks to Jim Foley, Julio Santana and<br />
Bob Allen of Trident Funding for sponsoring<br />
the event catered by Mayra’s<br />
Personal Touch Catering.<br />
FYBA would like to thank all of the members<br />
who attended the open house<br />
events. This year, 7 open houses were<br />
held in Ft. Lauderdale and 2 in Sarasota.<br />
They featured 280 yachts and over 1250<br />
people in attendance! The next open<br />
house will be held in January.
september<br />
BROKER’S OPEN HOUSE
Voted on at September Board Meeting<br />
PROFESSIONAL ACTIVE<br />
Peter Brown* - Nigel Burgess, <strong>Inc</strong>.<br />
390 Alton Rd. Ste. B, Miami Beach, FL 33139<br />
Phone: 305-672-0150, Fax: 305-423-0823<br />
Kevin Merrigan & Keith Maling<br />
Bernard L. Coffey* - WME <strong>Yacht</strong>s Ltd.<br />
1711 S.W. 23rd Ave., Ft. Lauderdale, FL 33312<br />
Phone: 315-783-6222, Fax: 866-843-2111<br />
Michael Joyce & Judith Simkowitz<br />
John Dennison* - Selene Annapolis <strong>Yacht</strong> Brokerage<br />
222 Severn Ave., Bldg. 7 #3A-B, Annapolis, MD 21403<br />
Phone: 401-280-0006, Fax: 410-280-2544<br />
Bruce Szamier & Andrew Cilla<br />
Henry B. Lowe* - Lowe's Marine Sales, <strong>Inc</strong>.<br />
1106 1/2 N. Collier Blvd., #106, Marco Island, FL 34145<br />
Phone: 239-642-3439, Fax: 239-642-3538<br />
Tom George & Gary Smith<br />
Ed Wilson* - Wilson <strong>Yacht</strong> Sales, <strong>Inc</strong>.<br />
7181 College Pkwy., #6, Ft. Myers, FL 33907<br />
Phone: 239-454-3993, Fax: 239-454-7858<br />
Bruce Schattenburg & Jeff Erdmann<br />
PROFESSIONAL ASSOCIATE<br />
Markus W. Armstrong - Wilson <strong>Yacht</strong> Sales, <strong>Inc</strong>.<br />
20736 Brightwater Pl., Sterling, VA 20165<br />
Phone: 239-223-0499, Fax: 239-454-7858<br />
Bob Seeger & Andrew Kniffin<br />
Richard Dowling - Black Pearl <strong>Yacht</strong> Sales, LLC<br />
909 10th St. S., #103, Naples, FL 34102<br />
Phone: 239-352-5552, Fax: 888-726-8690<br />
Don Strong & Peter Peterson<br />
Jay Jurgens - HMY <strong>Yacht</strong> Sales, <strong>Inc</strong>.<br />
817 N.E. 3rd St., #1, Dania, FL 33004<br />
Phone: 954-926-0400, Fax: 954-925-5314<br />
Steve Moynihan & Warren Schintzius<br />
NEW MEMBERS<br />
Scott Schneider - United <strong>Yacht</strong> Sales<br />
701 N. Federal Hwy., #301, Stuart, FL 34994<br />
Phone: 772-463-3131, Fax: 772-463-3121<br />
Joel Lipton & Peter Schmidt<br />
Susan Wilson - Wilson <strong>Yacht</strong> Sales, <strong>Inc</strong>.<br />
7181 College Pkwy., #6, Ft. Myers, FL 33907<br />
Phone: 239-454-3993, Fax: 239-454-7858<br />
Bruce Schattenburg & Jeff Erdmann<br />
AFFILIATE ACTIVE<br />
Jay C. Crockenberg* - Pioneer Linens<br />
210 Clementis St., West Palm Beach, FL 33401<br />
Phone: 561-389-8906, Fax: 561-655-8553<br />
Nicholas Macpherson & Don Gilman<br />
Charles Datlen* - Laser Advertising, <strong>Inc</strong>.<br />
1500 Cordova Rd., Ft. Lauderdale, FL 33316<br />
Phone: 954-760-4667, Fax: 954-760-7049<br />
Andrew Cilla & Greg Wycoff<br />
Tom Dowd* - Water Mill Flowers<br />
3569 N.W. 53rd Ct., Ft. Lauderdale, FL 33309<br />
Phone: 954-340-3101, Fax: 954-486-9160<br />
Jim Renfrow & Michael Mandel<br />
Benjamin Farnborough* - Boat International Media<br />
1800 S.E. 10th Ave., #440, Ft. Lauderdale, FL 33316<br />
Phone: 954-522-2628, Fax: 954-522-2240<br />
Ron Cleveringa & Tim Davey<br />
Tony Rodriguez* - Allied Marine<br />
1445 S.E. 16th St., Ft. Lauderdale, FL 33316<br />
Phone: 954-462-5527, Fax: 954-462-5563<br />
Jon Burkard & Robert Allen<br />
Baron Rohl* - Marine Surveyor Group<br />
401 S.W. 1st Ave., #301, Ft. Lauderdale, FL 33301<br />
Phone: 954-376-4813, Fax: 954-651-6413<br />
Crom Littlejohn & Pete Woods
To Be Voted on at <strong>October</strong> Board Meeting<br />
PROFESSIONAL ASSOCIATE<br />
Chris Carroll - Atlantic <strong>Yacht</strong> & Ship<br />
850 N.E. 3rd St., #213. Dania Beach, FL 33301<br />
Phone: 954-921-1500, Fax: 954-921-1518<br />
Mack Carroll & Pete Woods<br />
John Gluck - <strong>Yacht</strong>brasil International<br />
300 Alton Rd., #108, Miami Beach, FL 33139<br />
Phone: 305-722-7200, Fax: 305-534-7715<br />
Keith Maling & Kent Chamberlain<br />
Grant Henderson - 4<strong>Yacht</strong>, <strong>Inc</strong>.<br />
757 S.E. 17th St., #317, Fort Lauderdale, FL 33316<br />
Phone: 954-767-0220, Fax: 954-320-7896<br />
Craig Timm & Joe Moretti<br />
Michael Kelley - Pier One <strong>Yacht</strong> Sales, <strong>Inc</strong>.<br />
1200 W. Retta Esplamade, #43, Punta Gorda, FL 33950<br />
Phone: 941-639-7777, Fax: 941-639-7778<br />
Brian Hill & Len Garofoli<br />
Monty Miller - Anchor <strong>Yacht</strong> Sales<br />
3541 State Road 84, Ft. Lauderdale, FL 33312<br />
Phone: 954-797-0030, Fax: 954-797-6682<br />
Bob Epstein & Andre Hardy<br />
AFFILIATE ACTIVE<br />
Harry Diener* - Boat Dealer Supply Co.<br />
P.O. Box 608, Troy, MI 48098<br />
Phone: 800-521-3870, Fax: 800-537-6031<br />
Crom Littlejohn & Bob Zarchen<br />
Richard Graves* - Richard Graves & Associates<br />
1000 S.E. 4th St., #224, Ft. Lauderdale, FL 33301<br />
Phone: 954-524-2131, Fax: 954-524-7417<br />
Tom Correll & John Henry Falk<br />
Michael Wild* - Wild Felice & Pardo, P.A<br />
4101 Ravenswood Rd., #211, Ft. Lauderdale, FL 33312<br />
Phone: 954-944-2855, Fax: 954-653-2917<br />
Jenny Wicker & Andrew Parkinson<br />
AFFILIATE ASSOCIATE<br />
Christian Chomat - Robert Allen Law<br />
1441 Brickell Ave., Miami, FL 33131<br />
Phone: 305-372-3300, Fax: 305-379-7018<br />
Robert Allen & Umberto Bonavita<br />
Anthony Felice - Wild Felice & Pardo, P.A<br />
4101 Ravenswood Rd., #211, Ft. Lauderdale, FL 33312<br />
Phone: 954-944-2855, Fax: 954-653-2917<br />
Jenny Wicker & Andrew Parkinson<br />
Albert Holder - Robert Allen Law<br />
1441 Brickell Ave., Miami, FL 33131<br />
Phone: 305-372-3300, Fax: 305-379-7018<br />
Robert Allen & Umberto Bonavita<br />
NEW APPLICANTS<br />
Lynda Horvat - Robert Allen Law<br />
1441 Brickell Ave., Miami, FL 33131<br />
Phone: 305-372-3300, Fax: 305-379-7018<br />
Robert Allen & Umberto Bonavita<br />
Mike Orchard - Nigel Burgess, <strong>Inc</strong>.<br />
3 East 63rd St., New York, NY 10009<br />
Phone: 212-223-0410, Fax: 212-223-0420<br />
Peter Brown & Crispin Baynes<br />
CHARTER ASSOCIATE<br />
Leigh Ford - Richleigh <strong>Yacht</strong>s<br />
4855 Hillsboro Blvd., Ste. B11, Coconut Creek, FL 33073<br />
Phone: 954-571-9525, Fax: 954-571-9528<br />
Debra Blackburn & Jeff Shaffer<br />
SUPPORT<br />
Maria I. Armero-Tellez - Allied Marine<br />
3660 N.W. 21st St., Miami, FL 33142<br />
Phone: 305-633-9761, Fax: 305-634-9071<br />
Bruce Schattenburg & Bob Krams<br />
Colleen Rafter - Killian <strong>Yacht</strong> and Ship <strong>Brokers</strong><br />
801 Seabreeze Blvd., Ft. Lauderdale, FL 33316<br />
Phone: 954-522-9577, Fax: 954-522-9576<br />
Joe Killian & Bob Dean<br />
Emma Rodriguez - The Catamaran Company<br />
4005 N. Federal Hwy., #200, Ft. Lauderdale, FL 33308<br />
Phone: 954-727-0016, Fax: 954-727-0024<br />
Brent Hermann & George Coggeshall<br />
Christine Rogell - Allied Marine<br />
801 Seabreeze Blvd., Ft. Lauderdale, FL 33316<br />
Phone: 954-467-8405, Fax: 954-763-2675<br />
John Booysen & Bob Krams
By Clay Naughton of Moore & Company, P.A.<br />
F lorida<br />
law requires those seeking commissions or compensation<br />
relating to the purchase or sale of a yacht to<br />
post a bond or irrevocable letter of credit (“L/C”) with<br />
the State of <strong>Florida</strong>. This instrument is supposed to serve as<br />
security for a potential claimant should a transaction go<br />
awry. Most yacht brokers and salespeople are fully aware of<br />
the bond requirement because it is a prerequisite to the<br />
issuance of their license by the Division of <strong>Florida</strong><br />
Condominiums, Timeshares, and Mobile Homes of the<br />
Department of Business and Profession Regulation, (the<br />
“Division”). But many may not know exactly how this bond<br />
functions to protect a broker and, more importantly where<br />
this bond does not protect a broker.<br />
The <strong>Yacht</strong> and Ship <strong>Brokers</strong>’ Act requires brokers to post with<br />
the Division a “good and sufficient surety bond or irrevocable<br />
letter of credit, executed by the broker as principal, in the sum<br />
of $25,000” prior to being issued a yacht brokers license.<br />
Similarly, yacht salespeople, who are employed by brokers and<br />
whose licenses must be held by a broker, are required to deposit<br />
a $10,000 bond prior to being licensed.<br />
The security must cover the entire license period, and new or<br />
continued security must be delivered to the Division at the<br />
beginning of each new license period. Even after the broker<br />
or salesperson ceases to be a broker, the surety must remain<br />
on deposit with the State for a period of 1 year.<br />
The purpose of this instrument is to secure (a) broker compliance<br />
with the terms of any written contract made in connection<br />
with the sale or exchange of any yacht or ship and (b) non-violation<br />
of the provisions of the <strong>Yacht</strong> and Ship <strong>Brokers</strong>’ Act.<br />
Stated differently, a person will have a claim against a broker or<br />
salesperson’s bond or L/C if they are injured by the fraud,<br />
deceit, or willful negligence of any broker or salesperson or by<br />
the failure of the broker or salesperson to comply with the<br />
<strong>Yacht</strong> and Ship <strong>Brokers</strong>’ Act or other law..<br />
In fact, if a claim is made to the Division, the Division can<br />
enforce the provisions of the <strong>Yacht</strong> and Ship <strong>Brokers</strong>’ Act<br />
by conducting investigations, administering oaths, subpoenaing<br />
witnesses and compelling their attendance, taking evidence,<br />
and requiring the production of any matter that is relevant<br />
to the investigation, including the existence, description,<br />
nature, custody, condition, and location of any books,<br />
documents, or other tangible things and the identity and<br />
location of persons having knowledge of relevant facts or<br />
any other matter reasonably calculated to lead to the discovery<br />
of material evidence.
The <strong>Yacht</strong> Broker<br />
BOND REQUIREMENT<br />
Where the Division determines that a person involved in a<br />
transaction with a broker has suffered a loss as a result of a violation<br />
of the conditions in the <strong>Yacht</strong> and Ship <strong>Brokers</strong>’ the<br />
Division will notify the injured person in writing of the existence<br />
of the bond or L/C. The injured party may then bring an<br />
action against the bond.<br />
Specifically, any person injured by the fraud, deceit, or willful<br />
negligence of any broker or sales person or by the failure of<br />
any broker or salesperson to comply with the <strong>Yacht</strong> and Ship<br />
<strong>Brokers</strong>’ Act or other law may file an action for damages upon<br />
the respective bond, against the principal (broker/salespersons)<br />
and against the surety (issuer of the bond or L/C).<br />
If an action is commenced against the bond or L/C, the division<br />
may require the filing of a new bond or L/C upon commencement<br />
of the action and will require the positing of a new<br />
bond immediately upon recovery in any action against a bond<br />
or L/C. A broker or salesperson’s failure to post a new bond<br />
within 10 days is grounds for suspension or revocation of his<br />
or her license.<br />
Of course, the bond requirement described above is only one<br />
of many enforcement mechanisms available under to the law to<br />
consumers and to the Division. In addition to notifying the<br />
injured party of the existence of the bond, the Division can<br />
issue cease and desist orders to stop unlawful conduct, bring<br />
action in circuit court on behalf of a class of yacht or ship purchasers,<br />
issue civil fines less than $10,000, and of course, suspend<br />
or revoke a broker’s license.<br />
Further, a broker’s liability is in no way limited to the amount<br />
in the bond as they may still be subjected to a civil or criminal<br />
suit for violations of the <strong>Yacht</strong> and Ship <strong>Brokers</strong>’ Act or other<br />
laws. Therefore, the bond does not act as a personal insurance<br />
policy to cover claims and in many instances is insufficient to<br />
cover potential claims for damages. When in doubt on a transaction,<br />
seek advice from a maritime lawyer. A few moments of<br />
advice on the front end could save you a huge headache later.<br />
* Clay Naughton is an attorney at Moore & Company P.A. (www.mooreand-co.net),<br />
a firm specializing in maritime, art, and aviation law. For<br />
further information related to this article, please contact Clay via e-mail<br />
at: cnaughton@moore-and-co.net or via telephone at: (786) 221-0600.
Denison <strong>Yacht</strong> Sales is pleased to announce the addition<br />
of ENTREPRENEUR, a 110' Broward yacht, to it's<br />
brokerage listing. She boasts luxurious accommodations<br />
for the owner and 4-5 guests, plus a private captain's cabin and<br />
crew mess area. Originally priced at $6,459,000, her price has<br />
been lowered by $1,000,000 for her east coast debut at the Fort<br />
Lauderdale International Boat Show. For sales inquiries, contact<br />
broker Keegan Garner, keegan@denisonyachtsales.com;<br />
954-763-3971<br />
Regency <strong>Yacht</strong>s is pleased to announce the sale of the 112’<br />
Westport “Sensation” in cooperation with IYC and would like to<br />
thank everyone for their efforts.<br />
Sarasota <strong>Yacht</strong> & Ship is pleased to announce the sale of ECHO<br />
DES MERS, a 170’ Collingwood Expedition. She will be reflagged<br />
and head to the Seychelles Islands upon completion of<br />
an exterior refit. Gary Smith was the listing and selling broker.<br />
SYSS will retain a charter central listing for this vessel which<br />
will offer week-long scuba and other amenities in the Seychelles<br />
chain after December 31st. For charter information contact our<br />
offices at 941.365.9095.<br />
Kent Chamberlain of Chamberlain <strong>Yacht</strong>s recently represented<br />
the buyer in the sale of Broward’s 32m FREEDOM with<br />
International <strong>Yacht</strong> Collection; since then he closed on two<br />
more megayachts. On September 22nd, he represented an<br />
American seller as he closed the deal on Millenium’s 2003<br />
built 36m LES BELLES asking $4.9 million, with Andrey<br />
Shestakov of Atlantic <strong>Yacht</strong> & Ship acting for a Russian buyer.<br />
LES BELLES sleeps up to nine guests in a main deck master,<br />
VIP and two doubles. Three days later, Kent acted for an<br />
American buyer in the sale of Monte Fino’s 32.92m AMORE.<br />
Built in 1996, she sleeps up to 10 guests in four staterooms<br />
and was asking $2.45 million. Johnny Woods of J. Woods<br />
Marine Group represented the seller.<br />
The Sacks Group <strong>Yacht</strong>ing Professionals (TSGYP) are pleased to<br />
announce the sale of the 112-foot Westport Raised Pilothouse<br />
Motor <strong>Yacht</strong> RAINMAKER by <strong>Yacht</strong> Charter and Sales Broker<br />
Barbara Stork. The yacht’s new owners, who have renamed her<br />
MILK MONEY, made the purchase after enjoying several luxury<br />
charter vacations on a very similar Westport 112 through<br />
TSGYP’s innovative Try Before You Buy® Program. Listing<br />
Broker, Brian Long of Westport <strong>Yacht</strong> Sales, also assisted with<br />
the sale.. Delivered by the Westport Shipyard in 2001, MILK<br />
MONEY accommodates eight guests in four luxurious en suite<br />
staterooms.. MILK MONEY is available for luxury charter vacations<br />
in <strong>Florida</strong> and The Bahamas this winter. At this point, the<br />
Holiday weeks are still open, but interested clients should act<br />
now as those dates are sure to be reserved quickly!<br />
Luke Brown <strong>Yacht</strong>s Recent Activity: Andrew Cilla is<br />
pleased to announce that he recently acted for the Buyer<br />
in a recent sale of the 78’ Marlow ROCAWAY, with Ron<br />
Rickerd of Ardell <strong>Yacht</strong> & Ship as the listing broker. The new<br />
West Coast owner has renamed her HOOLIGAN V. She will be<br />
cruising the East Coast for the next year. Phil Annunziato in<br />
cooperation with AGYG of Maryland, has just closed on the sale<br />
of THE GATOR, a new 65’ Outer Reef <strong>2009</strong> raised pilothouse<br />
motor yacht. Jason Dunbar recently sold PDQ, 54’ Ocean<br />
Alexander yachtfish, listed by Harborside <strong>Yacht</strong>ing Center New<br />
listings at Luke Brown <strong>Yacht</strong>s include ALEX C2 a most elegant<br />
114’ Nordhavn built in Tacoma,WA in 2003 listed by Dana<br />
Cambon. This vessel is located in Fort Lauderdale for easy<br />
showing. Marc Thomas has just listed TRIANON, a stunning 80’<br />
Trumpy cruiser built in 1960. This classic yacht is in immaculate<br />
condition and located in Annapolis MD. Andrew Cilla has<br />
recently listed DIMMA, a 62’ Nordhavn. This vessel is currently<br />
located near Manhattan NY. Andrew has also listed LE CLUB<br />
TARPON, a 92’ Palmer Johnson cockpit motor yacht.<br />
Fraser <strong>Yacht</strong>s announces several recent sales and new listings:<br />
M/Y PERCAL II 34m (111’07”) Baglietto Built 2007 Sold By:<br />
Jose Arana Jr. of Fraser <strong>Yacht</strong>s, Fort Lauderdale & Jose Arana Sr.<br />
of Fraser <strong>Yacht</strong>s, Mexico Listing Broker: Jose Arana Jr. of Fraser<br />
<strong>Yacht</strong>s, Fort Lauderdale; M/Y SAFARI ESCAPE 105’08” Lloyd’s<br />
Benetti Built 1983 Refit 2001 Sold By: Tom Allen of Fraser<br />
<strong>Yacht</strong>s, Seattle; M/Y TEMPTATION 37.40m (123’00”) Palmer<br />
Johnson Built 2005. Co Central Agents: Jim Wallace of Fraser<br />
<strong>Yacht</strong>s, Fort Lauderdale & Jamie Wallace of Fraser <strong>Yacht</strong>s, Fort<br />
Lauderdale. Asking Price: $12,950,000; M/Y MI CIELO 30.40m<br />
(100’00”) Jumbo Azimut Built 1997. Central Agent: Jose Arana<br />
Jr. of Fraser <strong>Yacht</strong>s, Fort Lauderdale. Asking Price: $2,800,000;<br />
M/Y QUAN YIN ? 24.99m (82’00”) Custom Steel Expedition<br />
<strong>Yacht</strong> Built 2006. Co Central Agents: Michael Selter of Fraser<br />
<strong>Yacht</strong>s, San Diego & Tom Allen of Fraser <strong>Yacht</strong>s, Seattle. Asking<br />
Price: $3,900,000; M/Y STRAYCAT? 19.81m (65’00”) Hatteras<br />
SF Built 1998. Co Central Agents: Patrick McConnell of Fraser<br />
<strong>Yacht</strong>s, San Diego & James Nason of Fraser <strong>Yacht</strong>s, San Diego.<br />
Asking Price: $1,100,000<br />
CNI is delighted to report two sales this past month from<br />
Georges Bourgoignie of the Ft Lauderdale office. Together with<br />
Simon Goldsworthy (CNI London), he closed on the original<br />
MIRABELLA, 131’ Concorde sloop. Built in 1991, refitted in<br />
2005, MIRABELLA I has proved an ever-popular charter vessel.<br />
She will now undergo a major refit whilst in Europe. Georges<br />
also sold the 105’ Bruce King designed custom ketch, 1978,<br />
WHITEHAWK. She has been extensively refitted over the past<br />
year and recently recommissioned.<br />
Denison <strong>Yacht</strong> Sales announces a couple of recent and<br />
notable sales: 80’ Azimut 2008 (Jared Neff) and 72’ Ferretti<br />
2000 (Ned Bruck).
CNI has a number of excellent yachts set to show at<br />
the annual Fort Lauderdale Boat Show. These include the<br />
150’ Trinity VITA (ex Cakewalk) and the 140’ Picchiotti<br />
ROYAL EAGLE, both situated at CNI’s Bahia Mar stand on the<br />
Face Dock; along with BETTY (126’ Royal Denship) and new<br />
listing LITTLE PARADISE (103’ West Bay). Also at Bahia Mar<br />
(FG dock) are two new Centrals of CNI: SCUTTI SHARK is a<br />
110’ Evolve built in 1999 and for sale through Bill Sanderson;<br />
and MEA CULPA, a new listing of Walter Sea (CNI Ft Lauderdale),<br />
is a 130’ McMullen & Wing. On the Las Olas docks, CNI has<br />
seven yachts: HULLBILLY - 87’ Sport Fisherman, Merritt<br />
Boatworks; NEON RAINBOW is a classic 1966 Burger. At 78’,<br />
she is an ideal yacht for coastal and lake cruising; PURE BLISS<br />
– 142’ Palmer Johnson, 1997; LADY J – 108’ Mangusta built in<br />
2006 and very seriously for sale as owner is taking delivery of a<br />
new 130’ Mangusta.; CORTINA – 100’ Broward 2001; DISCOV-<br />
ERY – 74’ Lyman Morse; RHAPSODY – 69’ Derecktor, 1970.<br />
Ocean Alexander wishes to congratulate Arthur Grin in our Stuart<br />
location on the successful delivery of an 80 OA Motoryacht , a<br />
74 OA Motoryacht and a 52 OA Sedan. Ocean Alexander would<br />
also like to congratulate Louis Dvorak in our Ft Lauderdale<br />
office, on the successful closing of a 70 Knight & Carver.<br />
Contact Ocean Alexander at 772-405-9100 or 954-779-1905.<br />
Ocean Alexander is excited to have the following boats on display<br />
at the Fort Lauderdale International Boat Show, at our new<br />
location on Bahia Mar Face Dock: 88 Motoryacht, NEW MODEL<br />
83 Motoryacht, 80 Cockpit Motoryacht, 74 Motoryacht, 68<br />
Motoryacht and the 60 Trawler. Also on display at the Las Olas<br />
Marina docks, will be a 135’ Sovereign Motoryacht MOON-<br />
SAND and a 92’ Hatteras MY NATICA, both Central Listings of<br />
Roy Sea. Contact Ocean Alexander at 772-405-9100 or 954-<br />
779-1905 for more information.<br />
Orders up for Outer Reef <strong>Yacht</strong>s post the Cannes and Seattle<br />
Boat Show: Outer Reef’s Southampton, UK office was represented<br />
in France at the Cannes and much to their surprise had<br />
a spectacular show. As of this writing, Outer Reef <strong>Yacht</strong>s has<br />
taken two new contracts, one for an 80’ and one for the new<br />
70’, both Pilothouse Motor <strong>Yacht</strong>s. Another 70’ is in negotiation<br />
and the company hopes to have this one closed by press<br />
time. At the Seattle show Outer Reef successfully introduced<br />
their new 63 ‘Open’.<br />
OCEANSTYLE is again delighted to exhibit some spectacular<br />
yachts at the forthcoming Ft Lauderdale boat show. MUSE – a<br />
Palmer Johnson 123 built in 2006 - will no doubt be one of the<br />
highlights of the show. MUSE is the second in the 123’ Sports<br />
Fly-bridge series from Palmer Johnson. MUSE will appeal to<br />
any owner who appreciates a sporty looking vessel with sufficient<br />
speed and range, combined with an understated, calm and<br />
elegant interior.<br />
Nordhavn is gearing up for the forthcoming fall boat<br />
show season with some of its best displays in recent<br />
memory. Kicking off the U.S. show schedule in grand style,<br />
the Northwest Sales office will be featuring two newer models as<br />
part of its exhibit in Seattle: the Nordhavn 64 and the brand new<br />
Nordhavn Motorsailer. This marks the debut for both models at<br />
the Lake Union Boats Afloat venue. Aweek later, the Lido <strong>Yacht</strong><br />
Expo in Newport Beach, CA will feature the very popular 55- and<br />
47-foot Nordhavns. Meanwhile on the East Coast, the gorgeous<br />
and oft revered Nordhavn 62 will make up the display at both the<br />
Solomons (MD) Trawler Fest and the U.S. Powerboat show in<br />
Annapolis. At the Fort Lauderdale International Boat Show,<br />
Nordhavn is working on plans to unveil its brand new Nordhavn<br />
60 of which seven commitments were placed sight unseen.<br />
Alongside the N60 we’re expecting the Nordhavn Motorsailer<br />
will make her East Coast debut in Fort Lauderdale.<br />
Hargrave President Mike DiCondina announced the company had<br />
changed their business model and will now have six large<br />
Hargrave yachts for sale on display at the Los Olas Docks this<br />
year, after a decade of bringing only the very latest owner<br />
launches to the Ft. Lauderdale and Miami boat shows, none of<br />
which were for sale.<br />
H&H Marine Sales will be displaying at the upcoming Fort<br />
Lauderdale International Boat Show. We will be near the cocktail<br />
barge on the north end of Bahia Mar and look forward to seeing<br />
all of you during the week.<br />
Marine Industries <strong>Inc</strong>. is delighted to announce that Daniel<br />
Walsh has joined their sales team. Daniel has been a yacht broker<br />
in Fort Lauderdale for the past 19 years. Daniel is excited to<br />
be working with Justin Blue & Ron McTighe to further his career<br />
in the yachting industry with Marine Industries <strong>Inc</strong>’s sales division,<br />
newly located on the New River in Downtown Fort<br />
Lauderdale.<br />
Captain AJ Anderson of Wright Maritime Group is pleased to<br />
announce that Steve Elario will be taking a leadership role with<br />
Sapphire Seas After almost ten years in his previous role with<br />
International <strong>Yacht</strong> Collection. Steve will be working out of<br />
Wright Maritime’s Ft. Lauderdale office of Sapphire Seas and can<br />
be reached at +1.954.760.4442.<br />
John DeCaro and the team at All Ocean <strong>Yacht</strong>s would like to welcome<br />
aboard Carrianne Rigano as the new Office<br />
Manager/Broker Assistant Please update your files and forward<br />
ALL Sales Correspondence to Carrianner@alloceanyachts.com.<br />
Ross <strong>Yacht</strong> Sales, in Dunedin, Fl has two new brokers joining<br />
their team. Johnny Smith in the Pensacola area and Captain “J”<br />
NeJame in the Flagler Beach area.
H&H Marine Sales is proud to announce the two<br />
newest, but well seasoned, yacht brokers to join our<br />
growing business. Broker Mark Crew brings the experience<br />
of working with a long list of exclusive yacht companies. Mark<br />
has almost 15 years in the boat business. Broker Jack Stang has<br />
almost 15 years of experience with European yachts, most<br />
recently with Cranchi <strong>Yacht</strong>s. H&H Marine Sales looks forward<br />
to working with these professionals.<br />
Dave Bender of Associated Marine Institutes, AMI, is now<br />
doing business as AMIKIDS. Dave just celebrated 37 years<br />
with the organization, and AMIKIDS operates 56 schools in<br />
seven states. Dave, with the coordination of Bill Snider of<br />
The Marine Group, just received in donation a 72’ Trinity<br />
Sport Fish. The boat may be viewed at the Ft Lauderdale Boat<br />
Show in The Marine Group’s display.<br />
Atlas Marine Systems has an addition to the capability of the<br />
Atlas TecPOWER power management switchboard products. A<br />
method to prevent underloading of diesel generators has been<br />
developed and it deletes the need for load banks which are normally<br />
used to prevent generator underloading.<br />
Sarasota <strong>Yacht</strong> & Ship would like to sincerely thank<br />
our sponsors, vendors, and the brokerage companies<br />
that participated in our semi-annual Bayfront Boat Show,<br />
September 25, 26, and 27th. During the weekend, SYSS wrote<br />
accepted deals on a 2002 54’ Offshore, a 2008 48’ Sea Ray, a<br />
2006 40’ Sea Ray, a 2003 39’ Sea Ray (with a backup), and a<br />
2004 38’ Meridian.<br />
United <strong>Yacht</strong> Sales held its 6TH annual sales meeting on<br />
September 11th in Stuart <strong>Florida</strong>. Over 40 United brokers<br />
attended the 2 day meeting. The common theme throughout the<br />
meeting was how yacht brokers can adapt to the many changes<br />
and challenges in the market place.<br />
Barry Lipoff, formerly of Dolphin International <strong>Yacht</strong> Sales,<br />
announces the <strong>October</strong> 1 opening of his new yacht brokerage<br />
firm, Crown International <strong>Yacht</strong> Sale, based in downtown<br />
Sarasota, <strong>Florida</strong>. Contact Barry Lipoff at 941-552-6713 or<br />
email: barry@crownyachtsales.com.
PHOTO RECAP:<br />
CHARTER DESTINATIONS SEMINAR<br />
Summer Osterman of Nigel Burgess & Rachel Febles<br />
of the Adriatic Escape Agency<br />
Bill Feaster and Gene Sweeney of Marshall Islands <strong>Yacht</strong> Registry<br />
Christine Pennington of Staterooms<br />
Attendees with Charter Professionals Committee Chairman<br />
Nicole Caulfield
Comments from the attendees:<br />
“An annual must-do event particularly<br />
timed to be available just before the boat<br />
show season, offering an ideal forum for<br />
broker education.”<br />
-Chuck MacMahon, Northrop & Johnson<br />
“Great job by volunteer attorneys and<br />
others - thank you for your contribution<br />
and time.”<br />
-Roy Sea, Ocean Alexander<br />
“Timely and pertinent subject matter<br />
given by a knowledgeable and well<br />
diversified panel of speakers.”<br />
-Steve Donnell, Sterling Associates<br />
“I was amazed at the quality of the information,<br />
the materials and the presentation<br />
as a whole. This is the best CLE I<br />
have ever attended.”<br />
-Michael Wild, Wild Felice & Pardo, P.A.<br />
“The FYBA seminars should be a<br />
requirement for all <strong>Florida</strong> licensed yacht<br />
salesmen and brokers. it’s vital information<br />
that goes unheard by too many in<br />
the industry.”<br />
-Nicole Brova, Allied Marine<br />
“Where else but here can you spend so<br />
much time with a group of attorneys for<br />
so little money?.”<br />
-Mike Kiely, Denison <strong>Yacht</strong> Sales<br />
Attendees fill the room!<br />
Sponsored by Alley, Maass, Rogers & Lindsay, P.A., and Atlass<br />
Insurance Group and presented by FYBA and the Marine<br />
Council, the 14th Annual <strong>Yacht</strong> Sales & the Law Seminar was<br />
held on <strong>October</strong> 7, <strong>2009</strong> at the Sheraton Airport Hotel in Dania.<br />
Following in the long line of successful seminars in the past, this<br />
year’s seminar attracted over 170 industry professionals all eager to<br />
get their fill of information before boat show season. And this year’s<br />
lineup of experienced industry experts didn’t let them down! With topics<br />
ranging from Foreign Flag Issues to Bank Deposits, the day<br />
touched on subjects relevant to the times and what is happening in the<br />
industry now. Everyone that attended, from seasoned industry vets to<br />
new young professionals, learned something new and walked away<br />
with knowledge and tips to carry on into their careers. The day ended<br />
with a cocktail reception and networking hour. Special thanks to Mike<br />
Karcher for moderating the seminar and keeping the day on track!<br />
FYBA continues to be the worldwide leader in broker education<br />
and is proud to offer members opportunities to gain useful information<br />
and experience!<br />
Board Members & Speakers: Whit Kirtland (bm), Frank Atlass (spk),<br />
Laura Sherrod, Steve Hibbe (spk), Lon McCloskey (bm), Mike Pennekamp (spk),<br />
Paul Flannery (bm), Vicki Bedford (spk), Bob Zarchen (bm), Bruce Schattenburg (bm),<br />
Mike Karcher (spk), Jason Dunbar (bm), Jeff Cox (spk), Gary Smith (bm),<br />
Steele Reeder (spk), Barbara Buckbee (spk) & Georges Bourgoignie (bm).
A Big Thank You to All of the Speakers for<br />
Their Excellent Presentations!<br />
Taking Care of the Deposit:<br />
Protecting the Deal and Your Exposure<br />
David Baker, Alley, Maass, Rogers & Lindsay, P.A.<br />
Basic Foreign Flag Issues Every Broker<br />
Should Know<br />
Jeff Cox, The Law Offices of Jeffrey W. Cox<br />
The Secret Life of an Insurance Broker<br />
Frank Atlass, Atlass Insurance Group<br />
Duty Paid? Sales & Customs Issues<br />
Steele Reeder, Howard S. Reeder, <strong>Inc</strong>.<br />
What Happens When the Deal Goes Bad?<br />
How to Protect Your Client & You<br />
Mike Karcher, Karcher, Canning & Karcher, P.A.<br />
Mike Pennekamp, Fowler White Burnett, P.A.<br />
Steven Hibbe, Steven H. Hibbe Maritime<br />
Attorney<br />
Unlicensed brokers, Referrals and<br />
Other Questions from the Floor<br />
Vicki Bedford, FL Dept. of Business &<br />
Professional Regulation<br />
Update on <strong>Florida</strong> Sales Tax Issues<br />
Barbara Buckbee, FL Dept. of Revenue<br />
Steele Reeder, Mark Buhler & Bob Zarchen<br />
FOURTEENTH ANNUAL<br />
SEMINAR<br />
West Coast Board Members<br />
Tom George (L) and Gary<br />
Smith (R) with Board<br />
Member<br />
Paul Flannery<br />
Seminar sponsors Scott Stamper and Frank Atlass<br />
of Atlass Insurance Group<br />
Jenny Wicker, Melaina Kiernan, Bill Feaster, Ryan Rabatin,<br />
Diana Fabozzi & Clayton Swart.
Full house for the seminar!<br />
FYBA President Bruce Schattenburg presents<br />
Bert Fowles & Adam Foster of IGY with<br />
the 2008 Sponsorship Award<br />
Charter Professionals Committee: Allison Cecilio, Marian Walker,<br />
Jeff Shaffer, Nina Martinsen, Els Bucknell, Pat Codere,<br />
L.J. Houghting, Kathleen Allen, Terry Hines & Nicole Caulfield<br />
Speakers & Sponsors: Adam Foster, Michael<br />
Sawyer, Diana Michel, Martin VandenBerg, FYBA<br />
President Bruce Schattenburg, Gui Garcia, Shannon<br />
McCoy & Bert Fowles<br />
Charter<br />
Jennifer Saia of The Sacks<br />
Group and moderator<br />
Rupert Connor of<br />
Luxury <strong>Yacht</strong> Group
Destinations Seminar <strong>2009</strong><br />
Presented by the FYBA Charter Professionals Committee,<br />
the Charter Destinations Seminar on <strong>October</strong> 13 featured six<br />
spectacular destinations and attracted over 100 charter professionals,<br />
even some from as far as Boston and San Diego! The day<br />
began with attendees having the time to visit with the 11 exhibitor<br />
tables that displayed a variety of products and services, from yacht<br />
furnishings to medical needs! After a delicious lunch, the seminar<br />
began with an introduction from FYBA Executive Director, Rae Whitt,<br />
and FYBA President, Bruce Schattenburg, presenting Bert Fowles<br />
and Adam Foster of IGY with the 2008 Charter Destinations Seminar<br />
Sponsorship Award.<br />
Everyone then settled in for the day to hear intriguing presentations<br />
on destinations including Costa Rica, The Caribbean,<br />
British Columbia, St. Lucia, Thailand and the Bahamas.<br />
Three out of the six destination speakers were well-experienced<br />
Captains, along with Michael Sawyer, who was a last-minute<br />
replacement for Captain Colin Griffinson of PACIFIC YELLOWFIN.<br />
Each brought their own enthusiasm and knowledge of the destination<br />
into their presentation and included vibrant photos that made<br />
you feel like you were experiencing exactly what was being<br />
described, like swimming with the elephants in Thailand or cruising<br />
the pristine waters of British Columbia! The afternoon even included<br />
a raffle with prizes from Bimini Boatyard and four luxury<br />
hotel/marina accommodations courtesy of the Adriatic Escape<br />
Agency. FYBA would like to thank Rupert Connor of Luxury <strong>Yacht</strong><br />
Group for moderating the seminar and would especially like to<br />
thank the Charter Professionals Committee for their hard work in<br />
organizing the entire day!<br />
After the seminar, a Charter <strong>Brokers</strong> Open House took place at<br />
Bahia Mar (see back page for photos). 8 boats participated in<br />
the open house, from the 70’ SEAS THE MOMENT to the 155’<br />
TRIUMPHANT LADY. Those who attended got the chance to indulge<br />
in delicious treats onboard each boat. Watch the website and your<br />
email for information on the next Charter Open House!<br />
Adriatic Escape Agency<br />
Dockwise <strong>Yacht</strong> Transport (DYT)<br />
Grenada Board of Tourism<br />
HSBC Bank<br />
IGY<br />
Laser Advertising<br />
Thank You to the Exhibitors!<br />
Marina Papagayo<br />
Marshall Islands <strong>Yacht</strong> Registry<br />
National Marine Suppliers<br />
ShowBoats International<br />
Staterooms<br />
Trinity Air Ambulance<br />
Thank You to the Speakers/Sponsors!<br />
Presenting Sponsors:<br />
Adam Foster, IGY:<br />
St. Lucia: The Destination<br />
Diana Michel: Marina Papagayo, Costa Rica<br />
Shannon McCoy: ShowBoats Int’l<br />
Speaker/Sponsors:<br />
Captain Gui Garcia, M/Y Tuscan Sun:<br />
The Caribbean<br />
Captain Bryan Pridgeon,<br />
M/Y Triumphant Lady: The Bahamas<br />
Michael Sawyer (in place of Capt. Colin Griffinson),<br />
M/Y Pacific Yellowfin:<br />
Great Bear Rainforest, B.C.<br />
Captain Martin VandenBerg, M/Y Moecca:<br />
Phuket, Thailand<br />
Charter Professionals Committee<br />
Board Representatives<br />
Bruce Schattenburg (The Sacks Group)<br />
Cromwell Littlejohn (Merle Wood & Assoc.)<br />
Chair Person<br />
Nicole Caulfield (Robert J. Curry & Assoc.)<br />
Committee Members<br />
Kathleen Allen (Int’l <strong>Yacht</strong> Collection)<br />
Els Bucknell (Churchill <strong>Yacht</strong> Partners)<br />
Allison Cecilio (The Sacks Group)<br />
Patricia Codere (Fraser <strong>Yacht</strong>s)<br />
Terry Hines (Int’l <strong>Yacht</strong> Collection)<br />
Lara Jo Houghting (Northrop & Johnson)<br />
Nina Martinsen (Camper & Nicholsons)<br />
Jeff Shaffer (Neptune Group <strong>Yacht</strong>ing)<br />
Marian Walker (The Marine Group)
Bartram & Brakenhoff is expanding their<br />
charter services with the addition of the<br />
Bartram & Brakenhoff <strong>Florida</strong> Charter<br />
Division which will manage a yacht charter<br />
fleet and handle charter inquiries. The new<br />
Bartram & Brakenhoff <strong>Florida</strong> Charter<br />
Division will be managed by our newest<br />
B&B member, Kaisa Joy-Pace. Formerly of<br />
Fraser <strong>Yacht</strong>s Charter Marketing Division,<br />
Kaisa has spent over twelve years working<br />
her way up through the industry serving<br />
in every position from Chief Stewardess to<br />
Charter Fleet Manager. The new B&B<br />
<strong>Florida</strong> Charter Division is already picking<br />
up speed by joining forces with one of<br />
the world’s premier luxury Jet Charter<br />
operations, Velocity Jets (www.velocityjets.com).<br />
www.bartbrak.com<br />
Fraser <strong>Yacht</strong>s Charter News: M/Y DRAGON<br />
41.50m (134’06”) Palmer Johnson Built<br />
2007. Accommodation: 4 staterooms<br />
Available winter 2010 high rate: $135,000<br />
per week, Available winter 2010 low rate:<br />
$125,000 per week. Location: Bahamas;<br />
Lisa Borkowski<br />
President<br />
M/Y<br />
AERIE 37.80m<br />
(124’00”) Delta Marine<br />
Built 2001 Refit 2008.<br />
Accommodation: 4 staterooms. She is now<br />
available for Christmas <strong>2009</strong>: Special offer<br />
of $60,000 per week (Must drop in<br />
St.Thomas on December 26th); M/Y<br />
OCEAN PEARL 35.00m (115’00”)<br />
Christensen Built 1990 Refit 2008.<br />
Accommodation: 4 staterooms. Special<br />
Offer: All inclusive rate of $30,000 for 4<br />
days/3 nights. Location: Puerto Vallarta,<br />
Mexico or Barra de Navidad. 2nd Special<br />
Offer: All inclusive rate of $25,000 for 4<br />
days/3 nights. Location: Newport Beach,<br />
California – Catalina Island for the Catalina<br />
Island Jazz Festival in <strong>October</strong> 09; M/Y<br />
HIGHLAND BREEZE 34.34m (112’08”)<br />
Nautors Swan Built 2002 Refit 2008.<br />
Accommodation: 3 staterooms. Available<br />
winter <strong>2009</strong>/2010: ?52,000 per week<br />
(<strong>Inc</strong>luding Christmas & New Year).<br />
Available summer 2010: ?52,000 per week<br />
1550 SE 17th Street, Suite 5 • Fort Lauderdale, FL 33316<br />
Phone: (954)926-2387 Fax: (954) 920-2145<br />
800-492-8362 Cell: (954) 610-2356<br />
(July and August and ?46,000 per week).<br />
Location: Caribbean and Western<br />
Mediterranean; M/Y SUDAMI ? 33.83m<br />
(111’00”) Inace Built 2007.<br />
Accommodation: 5 staterooms. She is now<br />
available for Christmas <strong>2009</strong>: Special offer<br />
of $58,000 per week (Must drop in BVI on<br />
December 26th).<br />
Skip Mansfield at Sarasota <strong>Yacht</strong> and Ship<br />
has secured a charter central agency on a 60’<br />
Viking Tri Cabin 30 knot motor yacht. The<br />
unusual aspect of the listing is that among<br />
other bargain prices she can offer a seven day<br />
charter from the <strong>Florida</strong> west coast to Key<br />
West for $7995 that includes dockage in<br />
Key West and fuel. Commission to the corresponding<br />
brokers will be $600 after the<br />
cost of the fuel and dockage is deducted from<br />
the $7995. Call Skip Mansfield at 941-365-<br />
9095 for full details.<br />
Lee Borkowski<br />
Vice President<br />
lisa@registeryourboat.com • www.registeryourboat.com<br />
Offshore & Domestic Corporations Available
Kristin Smith, previously with Newcoast Financial Services, is now<br />
with MacGregor <strong>Yacht</strong>s. 2352 PGA Boulevard, Palm Beach<br />
Gardens, FL 33410. Office: 561.799.6511, Fax: 561.799.6211.<br />
Kristin@macgregoryachts.com<br />
Peter Mallory, previously with <strong>Florida</strong> <strong>Yacht</strong> Charters & Sales, has<br />
opened Mallory Marine & <strong>Yacht</strong> Sales. 120 N. 2nd St, Suite A,<br />
Fernandina Beach, FL 32034. Phone: (904) 321-4142, Fax: (866)<br />
735-1949. mallorymarineyacht@bellsouth.net.<br />
Steve Elario, previously with International <strong>Yacht</strong> Collection, is now<br />
with Sapphire Seas. 800 South Andrews Ave., Ft. Lauderdale,<br />
<strong>Florida</strong> 33316. Phone: 954-760-4442, Fax: 954-208-9045.<br />
steve.elario@sapphire-seas.com<br />
Mike Kiely, previously with The Moorings, is now with Denison<br />
<strong>Yacht</strong> Sales. 401 S.W. 1st Avenue, #102, Fort Lauderdale, FL 33301.<br />
Phone: 954-763-3971, Fax: 954-763-3940.<br />
mike@denisonyachtsales.com<br />
Kathy Wade, previously with Allied Marine, is now with<br />
MarineMax. 2 Fishing Village Dr., Key Largo, FL 33037. Phone:<br />
305.367.3969, Fax: 305.367.6420. kathy.wade@marinemax.com<br />
Ken Reda, previously with Allied Marine, is now with MarineMax.<br />
2 Fishing Village Dr., Key Largo, FL 33037. Phone: 305.367.3969,<br />
Fax: 305.367.6420. ken.reda@marinemax.com<br />
O N T H E M O V E<br />
John Hendricks, previously with Hunt <strong>Yacht</strong>s, is now with Fraser<br />
<strong>Yacht</strong>s. 19 Brown & Howard Wharf # 5, Newport, Rhode Island<br />
02840. Phone: 401-367-4466, Fax: 401-367-4470. john.hendricks@fraseryachts.com<br />
Timothy Horkings, previously with Hunt <strong>Yacht</strong>s, is now with Fraser<br />
<strong>Yacht</strong>s. 19 Brown & Howard Wharf # 5, Newport, Rhode Island<br />
02840. Phone: 401-367-4466, Fax: 401-367-4470.<br />
Chuck Newman, previously with Allied Marine, has joined United<br />
<strong>Yacht</strong> Sales. Chuck has opened a new United office at<br />
Commanche Cove Marina in St. Augustine.<br />
Ron Houseman, previously with Northrop & Johnson, has joined<br />
United <strong>Yacht</strong> Sales. Ron will divide his time between Boston and<br />
South <strong>Florida</strong>.<br />
Jeff Beird, previously with Marine Max, has joined United <strong>Yacht</strong><br />
Sales. Jeff will work from United’s Ft. Lauderdale office.<br />
Jerry Fath, previously with Thunderbolt Marine, has joined United<br />
<strong>Yacht</strong> Sales. Jerry works in Savannah Ga.<br />
Northrop and Johnson Sales Division is pleased to announce the<br />
addition of Chuck MacMahon, previously with The Marine Group,<br />
to the Fort Lauderdale office. A veteran in the industry, Chuck has<br />
over 33 years of brokerage experience with a wide variety of<br />
yachts. expertise makes him an outstanding addition to the<br />
Northrop and Johnson office in Fort Lauderdale. A professional<br />
yachtsman with a commitment to maintaining excellent client<br />
service, Chuck is eager to continue a rewarding and lifelong<br />
career in the industry. To contact Chuck MacMahon, please<br />
e-mail him at cmacmahon@njyachts.com
BULLETIN BOARD<br />
<strong>Yacht</strong> Broker/Salesperson: Pier One <strong>Yacht</strong> Sales, located at<br />
Fisherman’s Village in Punta Gorda, FL is looking for an experienced,<br />
licenses yacht broker or salesperson to sell new, pre-owned<br />
and brokerage yachts. Pier One <strong>Yacht</strong> Sales is also a dealer for<br />
Navigator <strong>Yacht</strong>s, Californian <strong>Yacht</strong>s. Fax resume to<br />
941.766.7443. All inquiries kept confidential.<br />
<strong>Yacht</strong> Sales Person/Broker: position available at Schooner<br />
<strong>Yacht</strong>s, LLC. We are located at the Swimming Hall of Fame<br />
Marina in Fort Lauderdale. Please send resume to<br />
info@schooneryachts.com or call 954-768-9801.<br />
<strong>Yacht</strong> <strong>Brokers</strong>: United <strong>Yacht</strong> Sales is looking for a few experienced,<br />
exceptional brokers that want to be affiliated with the a<br />
“best” brokerage in the industry with the best commission splits<br />
in the industry. Find out why so many brokers have joined<br />
United. It isn’t by chance! Call Peter Schmidt or Joel Lipton in<br />
complete confidence. 800-UYS-2270.<br />
<strong>Yacht</strong> Broker: Platinum <strong>Yacht</strong> Collection is seeking additional<br />
yacht broker(s) to join our team. Must be a licensed professional<br />
with at least 5 years of experience and have a proven track record<br />
in yacht sales and the yachting industry. Competitive commission<br />
split. All inquiries will be kept confidential. Contact our<br />
954.462.1222 and/or email Mike Busacca at mbusacca@platinumyachtcollection.com.<br />
<strong>Yacht</strong> Salesman: Marine Industries, <strong>Inc</strong>. is in search of a licensed<br />
yacht salesman to fill one of their water view offices. If you are<br />
looking for a professional and efficient sales office with a highly<br />
qualified support staff and a warm welcome working environment<br />
then please contact Justin Blue 954-628-5522 or<br />
info@miiyachts.com. All inquiries will be kept strictly confidential.<br />
Sales Manager: Allied Marine is seeking a dynamic Sales<br />
Manager to manage its Miami Sales location. The ideal candidate<br />
will have a proven record of success in the luxury motor yacht sales<br />
industry and demonstrate a high level of enthusiasm, motivation,<br />
integrity and professionalism. The role requires a person with the<br />
ability to liaise with customers, lead the location sales team, foster<br />
overall sales growth and profitability for the Miami market. The<br />
ability to speak fluent English and Spanish is preferred. Progressive<br />
compensation package includes recognition for sales results and benefits<br />
package. Submit a resume and cover letter to jobs@alliedmarine.com.<br />
Allied Marine is a drug free workplace.<br />
Charter Broker/Charter Fleet Manager: Platinum <strong>Yacht</strong><br />
Collection is currently seeking an experienced charter broker to<br />
join our team. Applicant must be self motivated and detail oriented<br />
with proven track record. All inquiries will be kept confidential.<br />
Contact 954.462.1222 and/or email your resume to<br />
mmiller@platinumyachtcollection.com.
U.S. COAST GUARD<br />
ADVANCE NOTICE OF ARRIVAL<br />
By Steele Reeder of Howard S. Reeder, <strong>Inc</strong>.<br />
What are the current U.S. Coast Guard vessel reporting requirements?<br />
There have been questions regarding who is required to report their<br />
intended arrival into the United States via the Coast Guard National<br />
Vessel Movement Center, “NVMC”.<br />
The current information from Coast Guard Seventh District is that ALL<br />
FOREIGN FLAGGED YACHTS must report their future arrival into<br />
the United States. A vessel is required to notify NVMC 96 hours prior<br />
to arrival. If you are arriving from the Bahamas you need only notify<br />
the NVMC 24 hours prior to arrival. In this case you would need to<br />
file before you depart the Bahamas.<br />
The following reporting information has been provided by Steven Hibbe:<br />
IS IT A BIG DEAL?<br />
NOT IF YOU HAVE ACCESS TO A COMPUTER.<br />
Just go to www.NVMC.uscg.gov click on eNOAD. The first time you<br />
have to create an account. It costs nothing.<br />
Required information includes Vessel Description (Official Number,<br />
etc.) Itinerary (last 5 ports visited) and Crew List (all on board). Add<br />
date, time and port of arrival and its’ done; A few moments at most.<br />
Even better, the information you’re indexing is “multi-use”; how much<br />
better to create a crew list for your trip in the air-conditioned comfort<br />
of your boat’s salon than in the hot and crowded Customs Office at<br />
your port of arrival.<br />
Finally, take full advantage of what you are being required to do. With<br />
an additional click of your mouse, forward a copy of the notice to a<br />
family member or close friend. If you don’t show up on time, they’ll<br />
have an Official Record to convince the authorities that you’re really in<br />
trouble and not just late.<br />
For more information, go to www.NVMC.uscg.gov, or call the Coast<br />
Guard at 305-415-6860. They’re incredibly helpful. Really.<br />
Steele Reeder can be contacted at steele@howardsreederinc.com or<br />
305.371.8431
The following DBPR administrative actions have taken place from<br />
1/01/<strong>2009</strong> to present (as submitted by the DBPR):<br />
1) Leslie Ray Bentley Escrow violations/misrepresentation<br />
2) Mark Armstrong Unlicensed activity<br />
3) Simon Gibson Unlicensed activity<br />
4) Curtis Johnson $1500 civil penalty<br />
5) William Wise $1500 civil penalty<br />
6) Gregory Jones $1500 civil penalty<br />
7) Pedro Soto $1500 civil penalty<br />
8) Leonce Richard $1500 civil penalty<br />
9) Mark Conner $10,000 civil penalty<br />
The DBPR currently has 46 open cases dealing with a range of allegations<br />
from unlicensed activity to escrow violations. One case has recently<br />
been turned over to the economic crimes unit in Broward County.
PRINT, WEB & BRANDING<br />
TO REACH THE LUXURY MARKET<br />
By Tracy Datlen of Laser Advertising<br />
Here are a few positive strategies and concepts you can use to get<br />
print, web, and branding working together to reach your customer<br />
base. Your market is the segment of the population that can afford<br />
tens of thousands of dollars on a one-week vacation—the very top<br />
end of the luxury market. These potential clients have personal<br />
and corporate staff to screen their mail, emails, phone calls, and<br />
personal contacts. Let’s see how print and web and branding can<br />
get through to this audience.<br />
Print media—and no, print is not dead—is an established and<br />
effective way to reach your customer base and establish your<br />
brand. Magazines can provide you with an interested and qualified<br />
readership. These potential customers may be qualified by<br />
income, interest, and method of distribution. Being in the right<br />
magazine title that reaches your customer base gives you three<br />
advantages. 1) Distribution. It gets you into the hands of the reader.<br />
If a person subscribes, they will get that publication. 2) Your<br />
brand will have a halo effect from being in the same pages of<br />
higher profile luxury brands, like private jets, wristwatches, jewelry.<br />
3) Recognition. The cost of running a magazine ad provides<br />
a barrier to entry. Your customer base knows that advertising<br />
costs money. They recognize that your ad, just by being there,<br />
signifies that you’re a player in your industry.<br />
The printed pieces you create, such as postcards and brochures, are<br />
second type of print media that remain effective. Unlike magazines,<br />
you bear 100% of the responsibility and costs of distribution.<br />
Usually these pieces will go to customers you’ve identified<br />
or qualified in some way.<br />
You have two advantages when you create these pieces: you control<br />
the message and you control your brand. The primary advantage<br />
to the recipient is that the brochure speaks directly to their<br />
interest with evocative photography and informative information.<br />
To the interested reader, it’s enjoyable, easy to use, portable and<br />
engaging.<br />
e yacht’s best attributes, sell the charter experience and affiliate<br />
your company with a quality yacht. A custom yacht brochure<br />
enables you to focus the customer’s attention and capture their<br />
imagination.<br />
It’s important to consider exactly how your internet presence conveys<br />
the equivalent characteristics of luxury. When a potential<br />
customer gets to your web site, what is their experience? Your<br />
website is probably clean, attractive, and easy to navigate. But<br />
what else is there? Do visitors to your site find a list of boats<br />
with a list of features and a list of price points and a list of destinations<br />
and a list of things to do?<br />
This aspect of many websites resembles hotels.com which is a<br />
list of hotels, a list of rooms, a list of locations, and a list of<br />
price points.<br />
Lists are not a luxury experience. The web is great for data. But<br />
keep in mind that every luxury customer thinks their needs are<br />
special. Every yacht owner thinks their boat is uniquely the best.<br />
The charter industry stands alone in providing a vacation experience<br />
that offers exclusivity, privacy, and extreme personal service.<br />
That means your internet presence must go beyond lists and<br />
prices. Your brand is built of your expertise, your experience and<br />
your ability to guide qualified customers. When a potential customer<br />
comes to your website, they are qualifying YOU. Another<br />
travel option is just a click away.<br />
You need to engage your customer. Use your website and blog as<br />
a platform to showcase your knowledge, your skills, and your<br />
opinions. You need to demonstrate that you go beyond lists and<br />
price points. When your market is the top of the luxury market,<br />
your customers need to see your brand as an expert professional<br />
service, worthy of their trust and time.<br />
Keep in mind that anything you distribute must contribute to<br />
your brand. Every item in print or digital media must be of the<br />
highest quality. No single element is going to do all the work<br />
for you. Print, web, branding do not stand alone but work together.<br />
It’s like building a bonfire. Think of it this way: one stick doesn’t<br />
make much of a fire. Consider that one magazine ad is one<br />
stick, a web site is another stick, a brochure is another stick. Add<br />
a blog, an email campaign, postcards, and now you’ve got the<br />
fuel for a bonfire. But it doesn’t do any good if the potential fuel<br />
is randomly scattered about. You need to assemble all of these elements<br />
into one place—a cohesive strategy that defines your<br />
brand. Now you’ve got everything in place, working together,<br />
you can ignite interest in your message and in your brand.<br />
Tracy Datlen can be contacted at tracy@laseradvertising.com
Professional Membership Charter Professional Membership<br />
For Professional <strong>Yacht</strong> <strong>Brokers</strong> and Salesmen who are bonded and<br />
licensed by the State of <strong>Florida</strong> under the <strong>Yacht</strong> and Ship <strong>Brokers</strong> Act.<br />
ACTIVE The owner, principal, stockholder partner or officer<br />
of the firm. Current "Employing <strong>Brokers</strong>" license in <strong>Florida</strong>.<br />
(Complete Sections A-C of application)<br />
Annual dues: $200<br />
Active Professional Sponsorship requirements:<br />
Two (2) “Active” Professional members<br />
ASSOCIATE Other sales personnel associated with the firm. Current<br />
"Broker" or "Salesman" license in <strong>Florida</strong>. (temporary license not eligible)<br />
(Complete Sections A-B of application)<br />
Annual dues: $75<br />
Associate Professional Sponsorship requirements:<br />
Two (2) “Active” Professional members<br />
SUPPORT Unlicensed employees of Professional member's firm<br />
(Complete Section A of application)<br />
Annual dues: $25<br />
Support Sponsorship requirements:<br />
Two (2) “Active” or “Assoc.” Professional members.<br />
OBJECTIVES<br />
To unite those engaged in the yacht brokerage business for the purpose<br />
of promoting cooperation and professionalism among its members.<br />
To promote & maintain a high standard of conduct in the transacting of<br />
the yacht brokerage business in accordance with the FYBA Code of Ethics.<br />
MEMBERSHIP REQUIREMENTS<br />
Professional Members must be Licensed and bonded by the<br />
State of <strong>Florida</strong> under the <strong>Yacht</strong> and Ship <strong>Brokers</strong> Act.<br />
Charter Professional Membership Class is for individuals and<br />
companies directly related to the charter yacht industry.<br />
Affiliate Membership Class is for individuals and companies<br />
directly related to the yacht brokerage industry.<br />
CURRENT MEMBERSHIP - 1100 plus Members<br />
While the majority of its membership is comprised of <strong>Florida</strong> based<br />
brokers, there is also representation from prominent firms located<br />
throughout the world.<br />
For individuals and/or businesses directly related to the charter yacht industry.<br />
ACTIVE CHARTER PROFESSIONAL The owner, principal,<br />
partner or manager of the firm directly related to the charter yacht industry.<br />
Annual dues: $200 (Complete Section A of application)<br />
Sponsorship requirements: Two (2) “Active” Professional members<br />
ASSOCIATE CHARTER PROFESSIONAL<br />
Other employees of the firm directly related to the charter yacht industry.<br />
Annual dues: $75 (Complete Section A of application)<br />
Sponsorship requirements: Two (2) "Active" or "Assoc."<br />
Professional, Charter Professional or Affiliate members.<br />
Affiliate Membership<br />
For individuals and/or businesses directly related to the yacht brokerage industry.<br />
ACTIVE AFFILIATE The owner, principal, partner or manager of<br />
the firm directly related to the yacht brokerage industry.<br />
Annual dues: $300 Complete Section A of application)<br />
Sponsorship requirements: Two (2) "Active" or "Assoc."<br />
Professional or Affiliate members.<br />
ASSOCIATE AFFILIATE Other employees of the firm directly<br />
related to the yacht brokerage industry.<br />
Annual dues: $75 (Complete Section A of application)<br />
Sponsorship requirements: Two (2) "Active" or "Assoc."<br />
Professional or Affiliate members.<br />
FYBA with YPI Owns the <strong>Yacht</strong> & Brokerage Show (held mid February in Miami)<br />
MEMBER SERVICES<br />
& BENEFITS<br />
• Arbitration service for members<br />
• Legislative action committee<br />
• Educational seminars<br />
• Social events and charitable functions<br />
• Monthly newsletter<br />
• Standardized business contract & forms<br />
• Published membership roster<br />
• National advertising<br />
• Trade only Boat Shows<br />
Bahia Mar (7 per year)<br />
• Member of the Int’l <strong>Yacht</strong> Council Ltd.<br />
• FYBA Website<br />
• YS&L Seminar<br />
• Listing to Closing - Ft. Lauderdale &<br />
West Coast FL<br />
• Charter “Open House”<br />
• Certified Professional<br />
<strong>Yacht</strong> <strong>Brokers</strong> Program
PROFESSIONAL Professional Active $200 Professional Associate $75 Support $25<br />
CHARTER Charter Professional Active $200 Charter Associate $75<br />
AFFILIATE Affiliate Active $300 Affiliate Associate $75<br />
Applicant<br />
Personal Data<br />
Active Professional<br />
Members Only<br />
Institution in which you maintain your escrow/trust account List branch/franchise offices, addresses, & manager’s names<br />
If a Corp./Partn., list officers, partners, & stockholders State names of any salespersons associated with you<br />
Name Position Name Name<br />
Name Position Name Name<br />
Do you currently represent any new boat manufacturer? Yes No Percentage of new<br />
If yes, list manufacturers: sales vs. brokerage<br />
How did you hear about the FYBA?<br />
First Name M.I. Last Name<br />
Company Name Position<br />
Company Address Fla. License No. Broker<br />
& Expiration Date Salesperson<br />
City State Zip Web Site E-mail<br />
Phone Fax Type of Business<br />
Home Address City State Zip Home Phone<br />
Sponsors<br />
Name Firm Phone Sponsor Signature<br />
Name Firm Phone Sponsor Signature<br />
Business References<br />
Firm Contact Name Phone<br />
Firm Contact Name Phone<br />
Have you been engaged continuously in the business since? Yes No<br />
If not, during what years were you in business?<br />
Highest level of education First entered yacht brokerage business (date/firm)<br />
List any firms previously associated with In what other business have you been engaged?<br />
Federal ID# Fl. Sales Tax# City Occupational License<br />
I agree that, if approved for membership to the <strong>Florida</strong> <strong>Yacht</strong> <strong>Brokers</strong> <strong>Association</strong>, <strong>Inc</strong>.,<br />
to abide by the By-Laws and Code of Ethics of the <strong>Association</strong>, a copy which I have read.<br />
Applicant’s Signature Date<br />
Check for $ ________ enclosed payable to FYBA<br />
P.O. Box 460044, Ft. Lauderdale, FL 33346<br />
Phone: 954-522-9270 Fax: 954-764-0697<br />
e-mail: fyba@fyba.org • www.fyba.org<br />
SECTION A<br />
SECTION B<br />
SECTION C
PHOTO RECAP: 10/13/09<br />
CHARTER BROKERS OPEN HOUSE<br />
© 2 0 0 9 M I K E W H I T T - F O R T L A U D E R D A L E<br />
CALENDAR<br />
OCTOBER<br />
29-2 Ft. Lauderdale<br />
International Boat Show<br />
(FYBA mini office<br />
booth #1161)<br />
NOVEMBER<br />
1-2 Ft. Lauderdale<br />
International Boat Show<br />
10-12 St. Thomas Fall <strong>Yacht</strong> Show<br />
11 2nd Wednesday<br />
Charter Open House<br />
26 Thanksgiving<br />
DECEMBER<br />
4-8 Anitgua Charter Show<br />
6-9 St. Maarten Charter Show<br />
12 Winterfest Boat Parade<br />
25 Christmas Day<br />
CONTACT:<br />
P O BOX 460044<br />
FT. LAUDERDALE, FLORIDA 33346<br />
95 4.522.9270 TEL / 954.764.0697 FAX<br />
WWW.FYBA.ORG / FYBA@FYBA.ORG