How Do You Become A Successful Yacht Broker?
With the huge number of powerboats and sailboats in United States waters, there could be numerous boats for sale at any one time. Although many boats are sold by their owners, others are listed with a yacht broker, who lists boats electronically on his company’s website. Other brokers can access the listing and inquire about the boat for their clients. When the boat is sold, both the listing and selling broker receive a portion of the proceeds. Depending on the commission per sale and the number of sales per year, a yacht broker can make a comfortable living. Step 1 Bone up on boats. Before you can help your client to buy or sell his boat, you need to have an extensive knowledge of both powerboats and sailboats. If you already have considerable boating experience, take time to broaden your knowledge of boats and their manufacturers. Learn about the different versions of the same 38-foot sailboat, or expand your knowledge of powerboats to include convertibles, motoryachts and trawlers.