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How are yacht brokers compensated?

April 26, 2017brokers Compensated Yacht

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How are yacht brokers compensated?

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Brokers are paid a percentage of the selling price by the owner of a yacht when the sale is completed. This commission is paid at the time of closing and the standard rate is ten percent. Both the listing broker and the selling broker receive a portion. Normally the selling broker receives a larger portion than the listing broker a split which Adventure Yachts fully endorses since the brokers real job is bringing a buyer and seller together, not just typing up listings.