Search Sailnet:

 forums  store  


Quick Menu
Forums           
Articles          
Galleries        
Boat Reviews  
Classifieds     
Blogs               
Boat Search (new)




Go Back   SailNet Community > General Interest Forums > General Discussion (sailing related)
User Name
Password
 Not a Member? 


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
 Like this article?  Digg It!  or   Bookmark it!
  #1 (permalink)  
Old 02-05-2008
sab30's Avatar
sab30 sab30 is offline
Senior Member
 
Join Date: Oct 2006
Posts: 160
Rep Power: 2
sab30 is on a distinguished road
Becoming a yacht broker?

As a second career I am interested in becoming a yacht broker. My entire life has been built around sales and working with customers and prospects...love sales and getting to bring people together with something they want. Although we wont be required to work once we leave our current career (financial world) I would like still like to be involved with something on a more laid back level. As we will be living on a boat seems to be something that might be perfect for me...sooo I have some questions:

1. Are there any special courses or exams or is it all dependent on knowledge, sales experience and personality?

2. Im assuming its 100% commssion based which is fine but what is the normal "split" with the employer. I have been told that standard commission is 10% up to the 100k and then 5% after that..not sure if thats accurate but Im assuming a 60/40 split - 40% to the company...

3. Any former brokers that can offer advice of the good bad and ugly would be much appreciated...

Any constructive comments would be mucho appreciated...

Thanks in advance...
__________________
Sab30
Reply With Quote
  #2 (permalink)  
Old 02-05-2008
SailorMitch's Avatar
SailorMitch SailorMitch is offline
Senior Moment
 
Join Date: Nov 2005
Location: MD
Posts: 1,930
Rep Power: 3
SailorMitch will become famous soon enough
I just checked your profile and you're on the left coast, but there are a couple of ads for brokers in the current issue of SpinSheet, a Chesapeake Bay sailing mag. One in particular specified prior sales and service experience of any kind, so you'd qualify for that one. Good luck!

Oh yeah, there is an association of yacht brokers that does certify people. Can't recall the exact title, but surely someone on here knows about it.

I recently retired after 37 years on the job and I have to say I have not considered two second careers you read about retirees pursuing all the time -- surveyor and broker. Both seem pretty well staffed as of now. But that's just me.

(The wife of the marina owner where I keep my boat did tell me that if I keep hanging around there she will give me some sand paper and a paint brush when the weather breaks and people want their bottoms done. FYI -- I didn't go there at all last week, but will go tomorrow. I'll stay out of the office so she won't see me.)
__________________
SailorMitch
Sailing winged keels since 1989.
1.20.09 Bush's last day the end of an error !! Hopefully we still have a constitution and economy left by then.


"Compassion and tolerance are not a sign of weakness, but a sign of strength." The Dalai Lama


good planets are hard to find-- a song by steve forbert


I have but one lamp by which my feet are guided, and that is the lamp of experience. I know no way of judging the future but by the past.-- Patrick Henry.

Last edited by SailorMitch : 02-05-2008 at 11:08 PM.
Reply With Quote
  #3 (permalink)  
Old 02-05-2008
Freesail99's Avatar
Freesail99 Freesail99 is offline
Senior Member
 
Join Date: Feb 2006
Location: New Jersey
Posts: 3,886
Rep Power: 3
Freesail99 will become famous soon enough
Send a message via Yahoo to Freesail99
Quote:
FYI -- I didn't go there at all last week, but will go tomorrow. I'll stay out of the office.)
It's going to rain tomorrow. I went to the boat today it was 66F.
__________________
S/V Scheherazade
-----------------------
Tony Orlando stand in and Burt Reynold's stunt double.
Reply With Quote
  #4 (permalink)  
Old 02-05-2008
uspirate's Avatar
uspirate uspirate is offline
Trim for Sail
 
Join Date: Feb 2001
Location: 36 07 27.69 N 115 10 14.2 W
Posts: 2,082
Rep Power: 10
uspirate has a spectacular aura aboutuspirate has a spectacular aura aboutuspirate has a spectacular aura about
you gotta learn the basics like:
turning back the engine hour gauge
using silver spray paint to paint the entire engine (hoses and all)
using wd-40 to quiet all the squeaks in the bulkheads
using armor all to make the faded parts look new
and tell people ie: (cap'n Ron style)
prospective buyer: it sure burns alot of oil.
broker: all diesels do that.
prospective buyer: why is that?
broker: well..., nobody knows.

then your on your way to being a broker
__________________
To get the most from Sailnet, read the post in SD's signature.
Sin City, Liquor all day, Poker all night...Lake Mead & Channel Islands, So Cal
BJ & Nimfa
S/V Komona Wanaleia
Las Vegas Boat Harbor cam
Reply With Quote
  #5 (permalink)  
Old 02-06-2008
Moonfish's Avatar
Moonfish Moonfish is offline
Cruiser/Lats and Atts TV
 
Join Date: Feb 2003
Location: Friday Harbor, WA
Posts: 308
Rep Power: 6
Moonfish is on a distinguished road
Me and my ex were looking at boats one day with a broker. She mentioned how they all started to look the same after awhile (gasp!). The broker recommended taking pictures. She told him that I remembered every single boat we've ever been on, and can describe them accurately, even years later. Then, out of the blue, she said I should be a yacht broker. The guy's response was immediate and seemingly unrehearsed: "Sounds like you'd make a good one. Just be sure you have 12-18 months of money set aside to live on, because it'll take that long to make your first sale..."
__________________
"Always approach the dock at the speed you wish to hit it."
s/v VENUS
1978 North Sea 33 Pilothouse Cutter (Ta Chiao)

Reply With Quote
  #6 (permalink)  
Old 02-06-2008
sailingdog's Avatar
sailingdog sailingdog is offline
Telstar 28
 
Join Date: Mar 2006
Location: New England
Posts: 25,584
Rep Power: 5
sailingdog is a jewel in the roughsailingdog is a jewel in the roughsailingdog is a jewel in the rough
Glad to see USP is apply Las Vegas ethics to the situation.
__________________
Sailingdog

Telstar 28
New England

You know what the first rule of sailing is? ...Love. You can learn all the math in the 'verse, but you take
a boat to the sea you don't love, she'll shake you off just as sure as the turning of the worlds. Love keeps
her going when she oughta fall down, tells you she's hurting 'fore she keens. Makes her a home.

—Captain Malcolm Reynolds, Serenity (slightly edited)

If you're new to the Sailnet Forums... please read this POST.
Reply With Quote
  #7 (permalink)  
Old 02-06-2008
eherlihy's Avatar
eherlihy eherlihy is offline
Senior Member
 
Join Date: Jan 2007
Location: Boston area
Posts: 367
Rep Power: 2
eherlihy is on a distinguished road
Are you certifiable?

Quote:
Originally Posted by SailorMitch View Post
Oh yeah, there is an association of yacht brokers that does certify people. Can't recall the exact title, but surely someone on here knows about it.
CPYB - Certified Professional Yacht Brokers... I have no idea what this entails.
__________________
Sailing in, and around, Massachusetts Bay (on OPB ) since 2005 ... Sailing since 1971... ASA101/103/104/105 Certified
Reply With Quote
  #8 (permalink)  
Old 02-06-2008
ehmanta's Avatar
ehmanta ehmanta is offline
Sailing Junkie
 
Join Date: Sep 2006
Location: Virginia
Posts: 135
Rep Power: 2
ehmanta is on a distinguished road
Don't forget, brokers need to work weekends......
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Buying a Charter Yacht FootlooseCharters Buying a Boat Articles 2 08-06-2007 05:26 AM
Yacht broker to sell Beneteau - Phoenix Business Journal NewsReader News Feeds 0 09-30-2006 12:15 AM
Yacht Broker "Certification" GordMay Buying a Boat 3 01-26-2005 12:59 AM
C&C or Catalina MarsMachine Buying a Boat 56 02-09-2004 07:02 AM

Add to My Yahoo!         
Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.0.0 RC8
(c) Sailnet 2000-2006