Yacht brokers operating in Florida must be licensed by the State. Sales experience and a thorough knowledge of boats are also required.
To become a Florida yacht broker you must go through a somewhat tricky process.
How to become a yacht broker in florida. How do I obtain a license to become a yacht and ship broker or salesperson in Florida. To apply for a yacht and ship broker or salesperson license you must complete an application on DBPR FORM YS 6000-1 and submit it along with the 551 fee a complete set of fingerprints and an original surety bond or letter of credit in the amount of 10000 for a. APPLICATION FOR A YACHT AND SHIP EMPLOYING BROKER BROKER OR SALESPERSONS LICENSE Attached please find the application for a yacht and ship employing broker broker or salespersons license.
Once received your application will be reviewed as set forth in and required by Rule 61B-60 Florida Administrative Code. Yes if you are selling brokerage vessels over 32 in length and you have to be bonded as well. This course contains all of the information needed for you to be able to get your bond and license.
Florida Law requires that a newly licensed salesperson work under a FL licensed yacht broker for 2 years before they can apply for a Brokers license. Not all states require yacht brokers or boat sales agents to obtain licenses. States that do require these workers to obtain licenses may.
Although a high school diploma is acceptable many yacht brokerage firms prefer candidates with a bachelors degree in business marketing economics or finance. Sales experience and a thorough knowledge of boats are also required. Brokers in Florida and California must be licensed but only California requires yacht brokers to pass an exam.
Boat Broker We are working with a successful boat brokerage they sell 1000 boats a year that wants to open new locations. Over the past 15 years they have spent millions of dollars fine-tuning their sales marketing and support systems but their geographic coverage is limited as. CPYB brokers have met professional qualifications and have successfully passed a three-hour examination testing their skills and knowledge as yacht sales professionals.
If you are committed to professionalism and have what it takes we invite you to apply. When it comes to brokerage there are 2 breeds. The Boat Brokers the Yacht Brokers.
If you go on LinkedIn right now and search for Yacht Brokers you will find nearly 2500 results but when you search for Boat Brokers you will only find 160 results. Well yachts are much more glamorous than boats. How To Become A Superyacht Broker Read More.
This course will walk you through the yacht chartering process step by step with tips and pointers to help you stay out of trouble and become a better more professional charter broker. Youll learn about the entire process from showing boats to closing a transaction and picking up your commission check. What else do I need for my Yacht Broker and Salesmen license.
In addition to the state fee youll need a few other items. Youll need to provide fingerprints a completed application and a surety bond. However the surety bond amounts arent the same.
The Florida Yacht Salesmen License requires a 10000 bond while the Yacht Broker License requires a 25000. As mentioned earlier this job is purely commission based so you need an excellent work ethic and a go getter attitude in order to generate income. Yes you can sit back and not do much work but when starting out and building your client base this will lead to lackluster results.
Module subjects include essential matters such as registration title rules and regulations yacht brokers and the law business management and valuation along with other challenging subjects such as insurance finance sea trials and chartering. To become a Florida yacht broker you must go through a somewhat tricky process. Before you start you need to have a job offer from a licensed and bonded Florida yacht brokerage.
All brokerages including Jordan Yachts are always looking for talented and experienced salesman. Come around to us and wed be happy to talk with you. If this job seems ideal for you there are some steps that you need to take before you can become a yacht broker.
One way to become more attractive as a yacht broker is to get a degree in marketing or sales. This degree is not required but a lot of companies will look at candidates who have a higher level of education and some knowledge in these fields. Yacht owner representatives use their yacht broker commission to cover digital advertising campaigns ongoing marketing promotions and other efforts focused on selling the vessel.
Trust-worthy yacht brokers who are buyer representatives lead you to the best deal possible where all parties are happy. Click here to read more reasons why you should use a. Current yacht brokers who have worked in yacht sales for the past three years can take an examination to become a Certified Professional Yacht Broker CPYB.
There are eight criteria that must be met before the broker can sit for. To get a Florida yacht broker license a broker must register with the Florida Department of Business and Professional Regulation and provide a 25000 yacht broker surety bond. A yacht salesperson licensure which requires the salesperson to work for a licensed yacht broker requires a 10000 yacht salesperson surety bond.
How to be a Yacht Brokerand other Questions. Chapter 326 of the Florida Statutes also known as the Yacht and Ship Brokers Act is a chapter of law that governs the licensing and regulation of yacht and ship brokers and salespersons in the State of Florida. The Yacht and Ship Brokers Act should be read in conjunction with Chapter 61B-60 Florida Administrative Code.
Become the best yacht brokerIn all sales as in li. Yacht and Ship Broker Licensing Unit. Yacht brokers operating in Florida must be licensed by the State.
YBAA provides an office of record for a minimal annual fee in the state of Florida to assist members in meeting the legal requirements of Florida law. In states such as Florida and you will need to obtain a salesperson license to sell yachts and other large boats. You can also secure membership in the Marine Retailers Association of the Americas and attend boating conferences and expos where you can interact with boat owners and grow your client base.