SOURCE: RentByBoater

June 24, 2009 16:22 ET

Boat Renting Made Easy With RentByBoater.com New Online Marketplace

Owners Who Can't Sell Boat Make Extra Cash by Renting Out for Short-Term Use

NAPLES, FL--(Marketwire - June 24, 2009) - RentByBoater.com today announced plans to launch a new online marketplace as an alternative to boat rental clubs and fractional yacht ownership programs. RentByBoater.com matches private and commercial boat owners wanting to offset costs with recreational enthusiasts looking for short-term boat rentals.

The economy is sinking many recreational and commercial vessel owners of motorboats, yachts, fishing, and cruising boats. Media reports indicate that boat repossession and resale auction firms are on pace to have a record-breaking year, surpassing last year's totals of 3,066 vessels. Boat owners are underwater with payments and unsuccessful with selling a boat due to large supply and a lack of demand for large ticket purchases.

"RentByBoater.com offers owners a chance to turn their depreciating asset into a profitable investment by renting their boat to others who are looking for a short-term rental," said Brian Stefka, CEO and founder of RentByBoater.com. "A majority of these would-be renters prefer to rent a short-term recreational boat or charter since they're not interested in making the financial commitment to purchase their own vessel."

RentByBoater.com is currently offering pre-registration specials for private and commercial owners looking to offer their boat for rent. It's free to pre-register your boat listings here. The first 10 boat listings for the first six months are free and incentives up to $500 are available when an owner signs up and refers a friend.

Boat renting made easy, renters may search, filter, and inquire on posted rental vessels for free. Renters may also sign up for a free membership that allows them to save favorite boats, rate posted rental boats, view educational information, and utilize an easy contact message service while communicating with an owner.

About RentByBoater.com

RentByBoater.com is an online marketplace that matches private and commercial boat owners with recreational enthusiasts looking for a short-term boat rental. Unable to sell their boat due to the economy, owners can turn their depreciating asset into a profitable investment by finding someone to rent their boat. Would-be renters can connect with owners for short-term recreational boat rentals anywhere in the country. For more information about pre-registration and memberships, visit http://rentbyboater.net or email info@rentbyboater.com.