February 2020 Traffic Report Message from Tom Whittington

03/01/2020
I am adding to our previously prepared February Traffic Report to wish us all good health and belief in a better tomorrow. 
 
Nothing I can add will help us all deal with the unprecedented unknowns we are facing. 
 
Be safe and be calm.
 
We will still be answering phones and e-mails and doing showings and sea trials as appropriate. We had a successful sea trial on a yacht today we have had listed for several months.
 
Back to our original Traffic Report.
 
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We expected the first quarter of 2020 to be active!
 
Great economy indicators
Active Stuart Boat Show
Increase in overall Click Though Rate
Lots of phone calls, emails and showings
 
This first quarter will be our best in the history of our company.
 
MPYS has the best team ever with everyone ready to assist buyers.
We have more daily showings than we can remember. Often buyers are giving us less than a day’s notice but we are making it happen.
 
Some of the boats we have offers on have been with us for an extended period of time.
Coupled with revised pricing along with an active market they are finally receiving offers their sellers will accept.
 
If we are not getting at least showings for your boat we expect the price is still just too high.
 
Please speak with your broker or me to discuss.
 
It is exciting to be this busy. Our northern prospects, as they warm up, will only increase the number of buyers ready for their new boat.
 
MPYS is also in the process of bringing new brokers to the team. I would like to introduce Jeff Gauthier as our most recent addition. He has been on and around boats his entire life from the Treasure Coast to the Bahamas and all Caribbean Islands in between. With 39 years of experience and a 100 Ton Master Captain's License, Jeff has operated and enjoyed many custom sport fishers and high-end center consoles. In addition, Jeff is a local HVAC business owner serving customers in the tri-county area for over twenty years.
 
You may notice we are trying some enhanced listings on YachtWorld and Boat Trader. This is an increased expenditure for MPYS that we are currently test marketing. If we find them to benefit our sellers we will be offering this as an additional service to you at our cost.
 
Boats Group, owner of YachtWorld, Boat Trader and others, is a hedge fund. As such, it appears they have decided to build value to their brand by continually raising our subscription prices. This one in 2020 marks their third increase in three years.
 
We like our model and do not plan on changing, we ask for your help in telling your friends and neighbors about us if we have earned your trust.
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