Generally the seller agrees to pay a commission usually 10 percent of the purchase price to the selling broker at the closing.

What is the standard yacht broker commission. Large boats often involve complex negotiations documentation etc that are simplified by yacht brokers. The process begins when the boat seller lists the yacht with a broker. Obviously if you are selling a 10000000 yacht where a commission may be as high as 300000 for the.

What Is the Commission for Selling a Boat. About 70-percent of all brokerage sales are co-brokered. Brokers sometimes contact these vendors and come to an agreement that they will receive a commission if they find the buyer.

As brokers we have a way of seeing if the boat is listed as an open listing or a central. On yacht sales standard is 10 On yacht charters between 15 - 20 depending if the broker is a retail broker or the central agent broker for the yacht. Like most industries the 2080 rule applies in yacht brokerage 20 of the brokers make 80 of the money.

It will depend on where you are in the countryworld length of selling season value of boats typically sold number of yachts sold. Here are the salary and commissions yacht brokers typically make from a sale. The commission can be a fixed amount or a percentage of the purchase price.

Generally the seller agrees to pay a commission usually 8-10 per cent of the purchase price to the selling broker on completion of the sale. Small boats are rarely sold by brokers since they produce too little income for the amount of time required to make the sale. Commissions are usually 10 percent though that may vary depending on your boat and your location.

The Yacht Broker Whom does he represent what is his part what are his commitments and what are. The standard commission rates are MYBAs sliding scale 10 per cent on the first 10 million of value 5 per cent on the second 10 million and 25 per cent on anything above and the US structure which is 10 per cent of the gross sales price. Almost all brokers list boats with the understanding of a 10 commission.