The costs of yacht ownership are significant and it is incredibly rare for a yacht owner to make money by chartering their yacht.
How much money do yacht brokers make. How Stock Brokers Make Money with Real Examples Want to know how stock brokers make money. For their dedication yacht brokers receive a commission after the yacht sale is completed which is typically 10. Here is the revenue breakdown of the top 5 stock brokers.
The process begins when the boat seller lists the yacht with a broker. The average salary for a Yacht Broker is 81145 per year in United States. Although the start-up costs typically range from 10000 to 50000 the ultimate profits can be substantial.
How much does a Yacht Broker make. We spoke to many brokers in our search some great some not so much. The chefs specific rate would be determined by their professional qualifications the ships itinerary and the number of charter guests on-board but they get to keep all the money they make since crews earn a tax.
We hate to hear when yacht owners were told by their broker to factor in 10 of the purchase price to operate the yacht. Overall with salary and commissions as a yacht broker you could make an average of 121000 per year. Agents putting in 40 to 50 hours a week can expect to make around 68000 according to our survey.
We did the research for you. I have been a broker for many years. According to the average salary rates for super-yacht chefs they are estimated to make a base salary of anywhere between 85000 and 100000 for a standard charter season.
Small boats are rarely sold by brokers since they produce too little income for the amount of time required to make the sale. This will help raise your credibility to employers and potential customers. We finally found a 46 Jefferson that would make a wonderful live-aboard for us.