One of the major determining factors of salary for yacht captains is the type of license you possess the type of yacht you work on and your level of experience.
How much does a yacht broker make. Some yacht brokers even make closer to 30000000 per year. Research the education and training requirements and learn about the experience you need to advance your career in luxury boat sales. Yacht brokers usually get a small base salary from their brokerage firm as well as a commission from all completed sales.
Brokers take a commission off the top once the boat has been sold. The industry standard is 10 percent although for large yachts some say more than 1 million the fee may be negotiable. Ad Hall of Fame boat dealer with a full line of Cobalt Boats offering salesservice storage.
Generally the seller agrees to pay a commission usually 10 percent of the purchase price to the selling broker at the closing. Determine a fair asking price To ensure a timely sale it is essential to ask a fair price. The average salary for a yacht broker is 81145 per year in the United States.
It will typically be in the size of 60000 to 150000. When commissions are by percentage 10 is the norm. According to sales data the average price for a yacht is 84 million.
Ad Hall of Fame boat dealer with a full line of Cobalt Boats offering salesservice storage. The commission can be a fixed amount or a percentage of the purchase price. So even at this early stage the seller has professional representation in the transaction.
Heres How Much Yachts Cost on Average. Yacht brokers can make a sale go more smoothly right from the very beginning of the process. Recent Salary Reports Below are the most recent yacht broker salary reports.