How Much Does A Yacht Broker Charge?

Yacht broker fees can be confusing, but they are typically around 10% of the yacht’s cost and cover a wide range of services, including advertising, condition checks, and transaction. A yacht broker is a trained professional who helps sellers and buyers of yachts with information, advice, and a commission when the yacht is sold. Some boat brokerage sites offer free listings, while others charge as little as £10.

A yacht broker is a trained professional, sometimes licensed, who helps sellers and buyers of yachts with information, advice, and a commission. The process begins when the boat seller lists the yacht with a broker. Generally, the seller agrees to pay a commission (usually 10% of the purchase price) to the selling broker. The broker fee is paid through the client (the owner and vendor of the boat) as a percentage of the boat sale. Commissions of 10% are typical in buysell transactions and are sometimes lower.

When there are multiple brokers involved, they should split the commission, not add to it, unless informed in advance. For their dedication, yacht brokers receive a yacht broker agent fee or commission after the yacht sale is completed, which is typically 10%.

Boat brokers are similar to real-estate agents but with important differences, such as being less regulated and having a 10% commission rate. For yacht charters, the standard brokerage fee is usually around 15% to 20% of the charter income. If the fee exceeds 20%, it is worth it. Most brokers charge a flat 10%, but some brokers on boats less than a certain price may receive a higher commission or other fees.