As we wrap up a 2009 season that brought many challenges and accomplishments I’d like to thank all of our valued customers who helped Knot 10 grow and get better thru 2009. For sellers it was quite a challenging environment but both Knot 10 and the industry in general have seen buyers returning as prices hit certain key levels. Many buyers mentioned and felt that the deals to be had are unique and not likely to get much better. That’s a positive sign a pricing bottom is forming and pent-up demand is starting to result in buyers coming in for deals that are likely not to be seen again (we can hope anyway).
For me personally this year has brought many great additions that position Knot 10 to achieve the high goals I have set out for this company. In the summer the addition of Gary Bouthillette as General Manager positioned us with the experience and second set of eyes to lead our growth both in the Mid-Atlantic and beyond. The tough sledding of many competitors also allowed us to attract 2 seasoned sales pro’s in Ed Franco and Rick Elliott who both bring years of experience and a book of business that is quite impressive.
With the additional staff came the obvious need to increase our visibility and we added two great on water locations. The main office on Kent Island allows us to house 30-40 boats for sale and is in the best location we could have wanted. Water on one side and a highway on the other gives us the exposure and brand recognition that was more attractive than ever imagined. Our office at Bohemia Bay Yacht Harbor gives us a footprint in the northern bay from which to serve that growing amount of listings coming into us from boaters in that area. Please stop in and see us in both locations when your in the area.
As we look ahead to 2010 we see a market that will continue to pick up steam. Sellers who have weathered the storm of the market should start to see buyers continue to come back to the wonderful world of boating and all it has to offer. As for Knot 10 in 2010 we have some big plans which will be announced shortly. The dedication to advertising, promotion of our marketing changing fundamentals, and our alternative fresh approach to the old way of looking at the market will continue to drive us every day. Thanks to all of our buyers and sellers for the feedback, inspiration and support that has led us to where we are today.
Happy Holidays and See You In The New Year!!!