How do you become a charter yacht broker?

How much do yacht charter brokers make?

Overall, with salary and commissions, as a yacht broker, you could make an average of $121,000 per year. This depends highly on location and type of yachts sold. Some yacht brokers even make closer to $300,000.00 per year. Yacht brokers should be sales motivated and thrive in an unconditional work environment.

What education is needed to become a yacht broker?

Career Requirements

Degree Level High school diploma, but bachelor’s degree may be required
Degree Field Business marketing, economics, or finance
Licensure and/or Certification Licensure required in some states, certification is voluntary
Experience Previous sales experience recommended

What states require yacht broker license?

California and Florida are both the only states in America that require yacht brokers to be licensed, although the legal definition of a yacht varies between these states. To achieve licensing, you will need to hold any additional licenses required and pay a $10,000 bond to the state.

What does a charter broker do?

A charter broker is a specialist agent who acts as a representative for the leasing of an aircraft. The charter broker is paid an agreed commission for finding aircraft available for charter/lease and act as a middle man in negotiations between a charterer and an aircraft operator.

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How much commission do yacht brokers get?

A typical commission percentage that a yacht broker earns is around 10%, meaning that they will earn 10% of the price of the money the boat has sold for. However, some brokers can charge more or less depending on the size of the boat.

Where do yacht brokers make the most money?

What are Top 10 Highest Paying Cities for Yacht Broker Jobs

City Annual Salary Hourly Wage
Norwalk, CT $80,680 $38.79
Seattle, WA $80,421 $38.66
Vallejo, CA $80,402 $38.65
Concord, CA $80,231 $38.57

Do boat salesmen make money?

The salaries of Boat Salesmen in the US range from $13,727 to $368,332 , with a median salary of $66,226 . The middle 57% of Boat Salesmen makes between $66,227 and $166,859, with the top 86% making $368,332.

How do you become a yacht captain?

How to Become a Boat Captain

  1. Boating Experience: The first step in becoming the captain of any vessel is to gain experience — either on your own boat or as a crew member on someone else’s. …
  2. Passing a USCG Exam: When working towards getting your captain’s license, you’ll need to pass a U.S. Coast Guard-approved exam.

How do I get a yacht brokers license in California?

Minimum Qualifications to Apply

  1. Be at least 18 years of age.
  2. Have an established place of business located in California (post office box, mail drop or telephone answering service is not a “Place of Business”).
  3. Employed as a licensed California Yacht Broker or Salesperson for at least one year in the past five years.

What percentage do boat brokers charge?

Most yacht brokers tend to work on a commission basis, though every broker is different. The industry standard is around the 10% mark, which is paid by the seller.

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What is a super yacht broker?

A yacht broker is a specialist who serves yacht or boat sellers and/or buyers as a representative for the sale or purchase of a yacht or boat.

What is a yacht girl?

yacht girl on Twitter: ““Women installed on yachts are called ‘Yacht Girls,’ and the line between professional prostitutes and B- or C-list Hollywood actresses who accept payment for sex with rich older men is sometimes very blurred…” –