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?

Wikimedia is currently taking donations in a drive to raise what looks like $1 Million. I think it is a great cause, but want to be sure my money won’t go to buying someone a boat, or toga party.