United Yacht Sales this week announced that Cloud Yachts is merging with its worldwide brokerage.
According to a statement, Cloud is the first brokerage firm powered by artificial intelligence and has a team of 13 brokers in South Florida.
“Zach Mandelstein and Cloud Yachts have been at the forefront of applying new technology in the yacht sales process,” Capt. Jeff Palmer, president of United Yacht Sales, said in the statement. “They are the first company in the industry to use AI, smart contracts on the blockchain, ChatGPT and NFTs in the marketing, selling and closing of a yacht. We are ecstatic that they have decided to join United and help our team further their knowledge in the newest trends in technology.”
Cloud made news last year at the Palm Beach International Boat Show when it launched the world’s first tokenized, or NFT, superyacht.
“The decision to merge was driven by United’s exceptional broker support system, a pivotal factor for us,” said Mandelstein, Cloud founder and CEO. “This collaboration means we now have access to an extensive network of support, from professional listing placements to leveraging robust marketing strategies and comprehensive closing assistance. These key resources allow our sales team to deepen their focus on client engagement, significantly improving our service quality.”
