North South Nautical Group Welcomes Reg Bates, Expands Brokerage Opportunities
Published: Tuesday, January 29, 2019
North South Nautical Group Inc. is pleased to announce the expansion of their yacht brokerage service to Downtown Toronto and the Caribbean. Career yacht broker, Reg Bates, will be joining the NSYS team and will be dividing his time seasonally between the Toronto and St. Maarten locations.
Operating under the North South Yacht Sales (NSYS) banner, downtown Toronto and St. Maarten will be the newest areas of brokerage representation for NSYS, which currently has locations in Port Credit (Head Office), Hamilton, St. Catharines, Georgian Bay, and the Ottawa and Kingston regions.
Reg has long been established in the yacht sales business, successfully representing manufacturers, buyers, and sellers, as an independent yacht broker for over three decades. For the last 17 years, Reg has been based in St. Maarten and has offered effective client representation through his broad reach throughout the Caribbean. His long-time on-the-scene presence in the islands has given Reg extensive knowledge of the unique Caribbean market, whereby for years he has served customers looking to expand their sailing experience by graduating to a ‘Bluewater’ cruising boat experience. Reg is very familiar with the logistics of registering, mooring, storing and maintaining vessels in the Caribbean. In addition, he can even offer his customers custodial care services for their vessel.
NSYS President Mike Burns, is looking forward to this exciting expansion. “I have known Reg, and have conducted business with Reg, for many years, and this joining of forces will be of great benefit for everyone. Reg’s extensive knowledge of the marvelous opportunities of owning a vessel in the Caribbean will certainly be an asset to the North South group and he will be a great addition to the team.”
Talks are currently underway for potential office locations in downtown Toronto, and an announcement hopes to be made in the near future. Reg, born and raised in Toronto’s Beaches neighbourhood, operated out of the Outer Harbour Marina for many years and brings to this affiliation many years of experience in the Canadian Market. As for the St. Maarten location, Reg will be based at Port Cupecoy Marina, on the Dutch side of St. Maarten, widely recognized as one of the finest Marina properties on the Island.
North South Nautical Group specializes in the sale of pre-owned power and sailing yachts. They also represent the Italian made Cranchi line of luxury yachts. North South Nautical Group was the first yacht brokerage firm in Canada to be recognized by the Certified Professional Yacht Broker program as an Endorsed Brokerage.