Ad Hall of Fame boat dealer with a full line of Cobalt Boats offering salesservice storage.
How much does a yacht broker make. A broker can help establish fair-market value for the boat through access to actual sold. The brokers role for the buyer. Overall with salary and commissions as a yacht broker you could make an average of 121000 per year.
Yacht captains often get paid a base salary. According to sales data the average price for a yacht is 84 million. Make sure that their specialty as a firm gels with what you are looking for.
The broker should be able to consult advise and educate the buyer on equipment or upgrades and help appoint vendors. Some yacht brokers do not get a base salary and work on commission alone. The average salary for a yacht broker is 81145 per year in the United States.
Now what about you the potential buyer. It will typically be in the size of 60000 to 150000. Employer name has been removed to protect anonymity.
If you are viewing a broker listing or a trade-in the listing broker or dealer is likely to know the vessel inside and out. This depends highly on location and type of yachts sold. Recent Salary Reports Below are the most recent yacht broker salary reports.
So even at this early stage the seller has professional representation in the transaction. Brokers take a commission off the top once the boat has been sold. Generally the seller agrees to pay a commission usually 10 percent of the purchase price to the selling broker at the closing.