Yacht brokers are like any other agent or broker, except that they work on boats. If you are considering purchasing a yacht, you may be wondering, how much commission does a yacht broker make? When you examine the situation from this perspective you will find that brokers have one of the highest average hourly earnings in the business, and yet they also typically only make around forty thousand dollars per year. This may not sound like much, but when you consider that these people are providing an invaluable service to people who may not have boats, it is easy to understand that they make quite a bit of money.
If you have ever considered purchasing a yacht, you know how expensive these boats can be. In fact, if you own your own yacht, then owning and operating your yacht can cost you literally millions of dollars, depending on the type of boat you have purchased and the size. The high prices of yachts make the brokers who provide these services in large numbers very rich.
Now, as you can see, this does not mean that a yacht broker cannot charge a reasonable fee for his services. As with most careers, there are going to be people who are less than stellar in their performance, and there are going to be people who consistently outperform the rest of the pack. This does not mean that they should not be paid at all, nor does it mean that you should not be able to find a good yacht broker. In order to get the most for your money when you are considering purchasing a yacht, you will want to carefully evaluate all of the people who are associated with the yacht broker you are interested in hiring. You may find that you have been scammed in the past, and this is something that you will want to investigate fully to make sure that the person you are dealing with has a good track record. This information will probably be easier to find if you search for it using Google.
This article was written by Ed Massey, President of Massey Yacht sales and service. Massey Yacht Sales & Service has continuously been in the yacht sales and outfitting business since 1986. At Massey, customer satisfaction has been and will remain our most important measure of success. If you are looking for yacht brokers in Florida then contact us today!