The process begins when the boat seller lists the yacht with a broker.

What percentage do boat brokers charge. A 2007 study found that retail investors trading 20000 of municipal bonds faced an average transaction cost of 2 percent. After your boat is sold our usual commission is 10 with a 500 minimum. Generally the seller agrees to pay a commission usually 10 percent of the purchase price to the selling broker at the closing.

The majority of yacht transactions use a percentage commission structure. Brokers take a commission off the top once the boat has been sold. Generally a boat or yacht broker charges 10 percent of the purchase price for the sale of a vessel.

Weve seen outlier prices of 15 and 12. The most common commission for a yacht broker is 10 of the sales price. For their dedication yacht brokers receive a commission after the yacht sale is completed which is typically 10.

If a boat delivery is into a county that imposes a discretionary sales surtax the dealer must also. Generally Florida boat dealers and yacht brokers must collect sales tax from the purchaser at the time of sale or delivery. What Is the Commission for Selling a Boat.

If you list your boat for sale as a private seller on Boat Trader we do NOT take any commission. However if you end up selling the boat for more than anticipated you will make more. All boat sales and deliveries in this state are subject to Floridas 6 percent sales and use tax unless exempt.

These brokers are experienced professionals providing personal brokerage services for buyers and sellers. The distribution of commission between the yacht buyer representative. The industry standard is 10 percent although for large yachts some say more than 1 million the fee may be negotiable.