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As we progress through 2025, the recreational boating industry is experiencing notable shifts influenced by economic factors, consumer preferences, and technological advancements.
Market Trends and Sales Projections
The National Marine Manufacturers Association (NMMA) anticipates a resurgence in new powerboat sales in 2025, driven by innovative products, favorable economic policies, and sustained consumer interest in on-water activities. They project U.S. boating expenditures to reach record highs, potentially exceeding $55 billion by 3% to 5% over the previous year.
Getting a boat under contract is an important milestone in the selling process, but it is not the finish line.
After the seller accepts an offer and the purchase agreement is executed, the transaction typically moves into the buyer’s inspection and due-diligence period. For most brokerage t
A marine survey is one of the most important stages of buying or selling a boat—but what happens after the survey can be just as important as the inspection itself.
Survey day is often where a straightforward boat transaction suddenly becomes complicated.
A surveyor m
Receiving an offer is an important milestone in the sale of a boat or yacht—but it is not the end of the process.
It is the beginning of the negotiation.
The buyer may begin below the asking price. The seller may want to counter. The parties may disagree about the deposit, survey peri
Reaching an agreement on price is an important milestone in the sale of a boat or yacht.
But agreeing on a number does not mean the transaction is complete—or even that the vessel is officially under contract.
The negotiated terms must be placed into a written Purchase and Sale Agreem
