FLORIDA YACHT BUYING & SELLING FAQ

A licensed yacht broker protects your funds, manages escrow deposits, and ensures compliance with Florida law. Without a broker, buyers and sellers risk contract errors, missed inspections, or unsecured funds. Using a broker simplifies the process and gives you professional advocacy from start to finish.

Florida yacht brokers are licensed by the state and regulated under Chapter 326 to handle vessel transactions. Unlike real estate agents, brokers manage surveys, sea trials, U.S. Coast Guard documentation, and marine lending. Their training is tailored to boats and yachts, not property.

In most cases, the seller pays the broker’s commission, which is shared between the listing broker and buyer’s broker. Buyers gain representation at no added cost. See our breakdown of commission and representation for more details.

No. Yacht prices are set by the market, not the broker. In fact, working with a broker often lowers costs because they negotiate on your behalf, secure fair surveys, and prevent expensive mistakes. Sellers also benefit from broader exposure, often achieving higher offers faster.

A broker identifies suitable yachts, schedules tours, drafts offers, and manages escrow deposits. They also coordinate surveys, sea trials, and closing paperwork. Learn the full step-by-step in our Boat Buyer's Guide.

When selling, a broker determines market value, prepares the yacht with photos and video, and lists it across MLS and marketing channels. They qualify buyers, negotiate offers, and guide you through contract and closing. Discover how we market listings in Sell Your Yacht Fast.

A trustworthy broker is licensed, provides a clear written agreement, and offers transparency on escrow handling. They communicate openly, provide references, and share comparable market data. Check our tips for choosing a trusted broker.

Red flags include lack of state license, unwillingness to use escrow, vague contracts, or pressure to skip surveys. Avoid brokers who refuse to share vessel history or discourage buyer representation. Learn what to avoid in our Yacht Broker FAQ.