Thursday, December 1, 2022

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how to become a boat. broker

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Do boat brokers make good money?
Overall, with salary and commissions, as a yacht broker, you could make an average of $121,000 per year. This depends highly on location and type of yachts sold. Some yacht brokers even make closer to $300,000.00 per year. Yacht brokers should be sales motivated and thrive in an unconditional work environment.
How does a boat broker make money?
Typically, a yacht broker can make 10% commission on every sale made. Yacht brokers are usually paid a commission price paid by the seller once the boat has been sold, meaning that their salary is tied into whether or not they sell the boat and how much they sell it for.
How much can you make as a yacht broker?
The salaries of Yacht Brokers in the US range from $15,938 to $23,152 , with a median salary of $18,289 . The middle 57% of Yacht Brokers makes between $18,297 and $19,871, with the top 86% making $23,152.
How do I become a yacht broker?
How to become a yacht broker
  • Take college or university classes. Although some brokerages may not require a bachelor's degree in sales or a related field, consider taking postsecondary courses in sales and marketing to prepare you for this role. ...
  • Seek professional experience. ...
  • Obtain the necessary licenses. ...
  • Get certified.