Question about becoming a yacht broker?
What is the career outlook for a yacht broker?
Is it similar to a Real Estate Agent?
Is it a tough market right now for yachts due to a slower economy, and people don’t have the dispensable income that they had years ago? Or do only people that have the money, spend the money on expensive yachts?
I was offered a position as an entry level yacht broker for a yacht brokerage firm in south Florida. They pay for my licensing, and for me to become bonded. The commission split is 50/50. The only thing I have to invest in is my time and effort. The sacrifice is that I won’t have a weekly salary, no benefits, and only get paid straight commission. It is more of a business opportunity. The commission collected on a sale of yacht is 10%. That 10% is split in half for the brokerage firm, and me. For instance, if I sold a boat for $50,000 the commission earned would be $5,000. The firm would get $2,500, and I would get the remaining $2,500.
In your opinion, do you think yachts are a hard sell, or is there still a market for them despite the economy in South Florida?

November 4th, 2009 at 8:59 am
Wall St. journal has reported that sales of luxury goods are down because of the economy. Sure, there are lots of people with money, but I’d hate to be the new kid on the block tryinng to sell to them because when it comes to high-dollar items, you want someone you know and can trust.