Or you can enroll in the National Yacht Brokers Certification. Be at least 18 years of age.
You have to be able to discuss boats in detail.
How to become a boat broker. Not all states require yacht brokers or boat sales agents to obtain licenses. States that do require these workers to obtain licenses may ask for proof of. Being a great superyacht broker takes much more than being connected to the rich and famous or hanging out drinking cocktails with a nice suit on the deck of a superyacht.
A great superyacht broker must not only have in-depth knowledge of the new vessel and existing market but must also have relationships with clients builders and support professionals. As mentioned earlier this job is purely commission based so you need an excellent work ethic and a go getter attitude in order to generate income. Yes you can sit back and not do much work but when starting out and building your client base this will lead to lackluster results.
With years of experience in sales yacht management owning boats and creating his own yacht brokerage Chris Jones will guide you through this new endeavor - every step of the way. Once you complete this training youll be more than ready to sell your first yacht - and if youre lucky - youll do it as a part of the My Yacht Sales team. Boat Rentals Find boat owners who are interested in chartering out their boat to help cover their expenses.
Current yacht brokers who have worked in yacht sales for the past three years can take an examination to become a Certified Professional Yacht Broker CPYB. There are eight criteria that must be met before the broker can sit for the CPYB exam which can be viewed on the YBAA site. Build your business with listings and service.
You can contact either of the boat broker associations listed on the next page to find out licensing regulations in your state. Or you can enroll in the National Yacht Brokers Certification. Although a high school diploma is acceptable many yacht brokerage firms prefer candidates with a bachelors degree in business marketing economics or finance.
Sales experience and a thorough knowledge of boats are also required. Brokers in Florida and California must be licensed but only California requires yacht brokers to pass an exam. Yacht Sales Professionals brokers dealers salespeople have a benchmark for measuring their skills abilities and performance while at the same time enhancing their marketing value.
Boat sellers and buyers are in a better position to select qualified competent sales. This course will walk you through the yacht chartering process step by step with tips and pointers to help you stay out of trouble and become a better more professional charter broker. Youll learn about the entire process from showing boats to closing a transaction and picking up your commission check.
Minimum Qualifications to Apply. Be at least 18 years of age. Have an established place of business located in California post office box mail drop or telephone answering service is not a Place of Business.
Employed as a licensed California Yacht Broker or Salesperson for at. From assessing a fair value for a model to placing ads managing sea trials and surveys securing financing and closing the deal the broker takes on the responsibilities. Commissions are usually 10 percent of the sale price though that may vary depending on your boat and your location.
Answer 1 of 6. I went to work one morning and resigned. I was the General Manager of an Engineering Company.
It was hot dusty and I could not see the sea. I sold my home and bought my brokerage which became Sydney Boat Sales. I had no experience at all but I know Engineering and Engines.
Become a Boat Broker GET RICH. Selling Boats for a LIVING how to be a Yacht Broker. Yes if you are selling brokerage vessels over 32 in length and you have to be bonded as well.
This course contains all of the information needed for you to be able to get your bond and license. Florida Law requires that a newly licensed salesperson work under a FL licensed yacht broker for 2 years before they can apply for a Brokers license. Module subjects include essential matters such as registration title rules and regulations yacht brokers and the law business management and valuation along with other challenging subjects such as insurance finance sea trials and chartering.
The course consists of 12 modules. Become the best yacht brokerIn all sales as in li. Although pursuit of a degree is not required to become a boat broker it is beneficial to those who are interested in furthering their careers.
A retail management degree or any similar business. A love of watercraft can start you on the path to become a boat dealer. You need excellent interpersonal skills and in-depth knowledge of commercial and recreational boats.
Establish an independent dealership find a boat dealership for sale or consider opening a Mercury Marine dealership. To begin the principal matter is you have to like yachts. No you have to live yachts and boating.
But there is more. You have to know boats and yachts like the skin of your chin. Its got to be your life.
You have to be able to discuss boats in detail. Your customers will certainly be able to do so. Online Courses For Boat Yacht Sales Professionals 7-Day Boat Sales Transformation Instructed by Vincent Finetti 7-Days to Boat Sales Transformation is a 1-week online info-program which will forever alter your approach to selling boats yachts in 2019.
Take this mini-course to discover. The reason why the traditional approach to marine sales is dead. Online Courses Read More.
To apply for a yacht and ship broker or salesperson license you must complete an application on DBPR FORM YS 6000-1 and submit it along with the 551 fee a complete set of fingerprints and an original surety bond or letter of credit in the amount of 10000 for a salesperson or 25000 for a broker. Rules 61B-60003 Florida Administrative Code.