Frequently Asked Questions
It is a comprehensive guide for individuals who wish to pursue a career in the yacht brokerage industry and already have all the skills to work in an office environment.
The “PAA Guide to Yacht Brokerage” will help students navigte through all the aspects of the yacht brokerage “world”, from contracts, to the people involved in a tranaction, to listings and many other aspects of working at a yacht brokerage
The yacht brokerage industry is a very specialized segment of the marine industry and the course will allow someone to learn the terms and be familiar with the myriad of forms and documents used in yacht brokerage transactions, thus giving someone a head start in an industry that has taken others years to learn.
There is no course, that we are aware of, that deal with the intricacies of yacht brokerage.
Just as in Yacht Brokerage, there is a demand by companies to hire PAAs who are familiar with the yacht brokerage industry, the methodology of following a yacht brokerage transaction, putting listings into MLS systems and the general nomenclature and “jargon” that is part of the yacht brokerage world.
That depends on how much time you have to dedicate to the course and how knowledgeable you are about the products and terminology, however, we estimate that it will take someone about a month of part time studying to complete this course or approximately 50-60 hours of study time.
Once registered a student is allowed 6 months of access to the “Members Only” site with all of the course materials, as well as reference materials and sample forms.
Payments are processed through Stripe and can be paid by most major credit cards. Once the payment clears you have access to the course material. (In most cases you will have immediate access (International Transaction may take a little longer).
Checks are accepted “made payable to YBI LLC”, however you will not have access to the lessons until after the bank clears the payment.
Yes, subject to the terms and conditions of use, if you are not satisfied with the course or course material send us a written notification within the first 7 days of enrollment your course fee will be refunded (less 3rd party processing fees).
No, this comprehensive course is designed to give everyone, regardless of their locale, the foundation to get started and grow in the yacht brokerage industry.
While we cannot guarantee anyone a job, companies are always on the lookout for ethical and properly trained professionals. Remember the same barrier for individuals looking to get into the yacht brokerage industry is the same one experienced by companies looking for new people to join their team – there are no formal training courses!
Florida Law requires that a newly licensed salesperson work under a FL licensed yacht broker for 2 years before they can apply for a Broker’s license.
Yes, we are very hands on and are available via e-mail or telephone after the first contact. We welcome questions and suggestions and encourage feedback.
Upon successfully completing the course and passing all the quizzes you may request your “Certificate of Achievement”.
That depends on the firm, however, someone new to the industry should view it as training that will help them advance in their career. It will also prove to a potential employer that you are willing to invest in yourself and serious about getting into the industry.
Someone getting their “Certificate of Achievement” will be proud and have a sense of satisfaction when they receive their well earned personalized certificate.
Hear what Brokerage Firm Principals have to say.
Carmine Galati CPYB
The Yacht Brokers Institute is a very informative and helpful step to a successful career in yacht sales. We at our company see this as a hiring prerequisite.
Curtis Stokes CPYB
Everyone has been very complimentary about the course. It is really helping me ramp up new salespeople starting with us. It gives them a basic understanding to start with and more confidence starting out.
I thoroughly enjoyed the course and value the technical information I have learned. The F&E of Yacht Brokerage is a course that out of the classroom covers a lot of ground and makes clear situations that could be pretty tricky. I was able to close my first brokerage deal in the first three months.
One of the largest obstacles to getting a job at an established yacht brokerage is the knowledge base needed to be able to hit the ground running so that you understand the process, legal responsibilities and pitfalls without being a liability to the company.
The course was awesome! I really learned a ton of new information. I went into the program thinking this will be a breeze (being a 30 year boater)- boy was i wrong! The course and tests really prep you for things that will come up during sales negotiations and client interactions – I highly recommend this course to anyone thinking about a role as a yacht broker!
We have all heard that if you want to be happy in your work, do something you love. For the first 28 years of my adult life, I wasn’t doing this. With the help of the YBI, I now feel that I have a good solid base to start enjoying an exciting career in the yacht brokerage industry. Thank you Rae and your team for putting together this comprehensive course.
I recommend the F&E course. The course material has a seamless way of communicating the information clearly for beginners while also diving into detail that only Brokerage Professionals would know. The course holds high credibility within the field and an asset to anyone seeking employment within the Yacht Brokerage Field.