The standard industry commission is 10 based on the selling price of the vessel.
How much does a yacht broker earn. When commissions are by percentage 10 is the norm. In most cases a yacht broker is not paid a salary rather paid solely on commission. For their dedication yacht brokers receive a commission after the yacht sale is completed which is typically 10.
Percentage of boats sold sail vs. A Stock Broker in the Charlotte NC Area area reported making 55000 per year. Overall with salary and commissions as a yacht broker you could make an average of 121000 per year.
Number of brokerage boats sold per broker per year on average 33. In my experience the harder you work the more you will earn as the job is purely commission. Average asking price per current listings 77000.
Research the education and training requirements and learn about the experience you need to advance your career in luxury boat sales. The process begins when the boat seller lists the yacht with a broker. Like real estate when you get into the really big numbers th.
Yacht brokers usually get a small base salary from their brokerage firm as well as a commission from all completed sales. Recent Salary Reports Below are the most recent yacht broker salary reports. This depends highly on location and type of yachts sold.
So even at this early stage the seller has professional. The average salary for a Yacht Broker is 30338 per year in United Kingdom. The industry standard is 10 percent although for large yachts some say more than 1 million the fee may be negotiable.