The San Diego branch of Crow’s Nest Yachts, which has been a legacy yacht brokerage along San Diego’s Shelter Island for more than 40 years, has been purchased by long-time yacht brokers Eric Pearson and Michael Selter in a shared co-executive partnership. “We’re convinced this is the right time and the right property for us to undertake this exciting endeavor,” said Pearson in a press release. “Michael and I know the inner workings of this industry, which has always been a major focus of our lives, both personally and professionally. For us, this is our homecoming.” Pearson and Selter plan to contemporize all business operations as well as brighten the firm’s 1,650-square foot offices, enhance exterior signage, and fully outfit its privately owned 23-vessel capacity sales marina. Crow’s Nest San Diego plans to become Shelter Island’s premier boutique yacht brokerage with emphasis on upgraded personalized service and “fit and finish” style operations.
Since its founding in 1975, Crow’s Nest has been a vibrant part of the Shelter Island maritime district. Its reputation is based on offering a variety of sportfishers, recreational vessels, and luxury yachts sized from 40’ to 150’ and longer, along with a highly desirable locale along the waterfront. A native San Diegan, Pearson began his yacht broker career at Crow’s Nest more than a decade ago. He then moved to Fraser Yachts, where he has been a successful broker for the past 12 years. He spent much of his formative years working alongside his father, Ron, former owner/founder of Pearson Fuel Dock, long a Shelter Island fixture that’s within walking distance from Crow’s Nest.
In serving the boating needs of their clients, most of whom they knew personally, the Pearson father-and-son team emphasized friendly, professional service with a smile, a hallmark of Crow’s Nest under its new ownership team. Like Pearson, Selter is a long-time successful yacht broker and brokerage owner who was affiliated with Fraser Yachts, first in San Diego and most recently in Fort Lauderdale. He plans to relocate to San Diego, where he grew up and spent much of his childhood and early adult years on Shelter Island.
He formerly owned and operated American Yachts, a full-serve brokerage with offices in Newport Beach and San Diego, which was located directly across the street from Crow’s Nest. “We love what we do, and we’re excited to have this opportunity to take Crow’s Nest tradition of excellence to the highest levels,” said Selter. “Together, we will strive to maintain the highest ethical standards along with cultivating a fun, friendly, professional environment for our brokers and our clients.”