Certified yacht brokers are professionals who have met standards set by the boating industry. These professionals are recognized as ethical leaders in their field. They have worked successfully with clients and have demonstrated industry knowledge and the ability to bring a valuable service to the clients of a particular area. The certified professional yacht broker has demonstrated abilities that the industry has found to be important. The certification process was developed by stake-holders in the yachting field. The teams worked together to determine the key components to quality brokering services and translated these findings into standards that must be upheld for an individual to obtain or retain their certification. Yacht Broker Certification: What You Need
The minimum requirements for a yacht broker to become certified is to have worked for the past three consecutive years as a yacht salesman. They must currently be employed in this business.
They cannot have been convicted of a felony within the preceding seven years and the broker must have maintained records of a trust account or escrow dedicated to the use of client funds in trust. Step 2: Licensing
The certified broker has been verified to have all the necessary licenses that are required by the applicable governmental agencies. The certified broker only accepts client payments when payable to the broker in his official capacity, rather than as an individual. He will support transactions in a manner which protects the buyers and sellers with sound contractual agreements and conduct business compliant with the Certified Professional Yacht Brokers code of ethics.
Certified professional yacht brokers have proven their commitment to the profession of helping people locate and sell their yachts in a way that enhances the professions image. When a broker becomes certified he or she has reached a level of professional and personal achievement in a way that displays excellence in their field and fulfilled the standards set by CPYB. Step 3: Continuing Education
The certified professional yacht broker has agreed to undertake continued training and ongoing education that keeps the up-to-date on regulations, standards, expectations, ethics, and quality customer service techniques.
A certified professional yacht broker has successfully passed testing and standard measures to ensure they have the skills and knowledge to provide an ethical, proficient service to the clients. Certified yacht brokers are recognized leaders in the area and can assist with any yacht related service the client needs.
A certified broker must remain prepared to prove themselves as quality and ethical leaders in the industry in order to maintain their certification. These professionals participate in 30 credit hours of industry training for every three year interval of certification. The recertification process ensures the professional qualities which the broker demonstrated at the beginning remains intact and the broker continues to offer quality brokering services and a quality reputation.