FLORIDA YACHT BUYING & SELLING FAQ

Florida requires yacht brokers and salespeople to be licensed under Chapter 326, Florida Statutes. You can verify a license through the Florida Department of Business & Professional Regulation (FL DBPR). At J Brothers, all our advisors are licensed and registered; see our Why Hire a Broker page for details.

Trusted brokers often belong to professional groups like the International Yacht Brokers Association (IYBA). Membership requires ethical standards, ongoing education, and compliance with escrow rules. Learn how we apply these standards in our Yacht Buying Guide.

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Licensed brokers must hold deposits in a dedicated escrow account separate from business funds, which they do submit and have approved by the state, especially in the state of Florida. This ensures your money is protected until all contract terms are satisfied. Read more about escrow pretection in our offer process.

This is called dual agency, and in Florida it is carefully regulated. While it’s possible, many buyers prefer their own dedicated representation for unbiased negotiation. Learn how our Compass VIP Buyers Program guarantees full buyer advocacy.

We built the first technology-based transparency program in Florida, giving every yacht a DECK Score for documentation and service history. This reduces risk, speeds transactions, and builds trust on both sides. Explore how we market listings in Sell Your Yacht Fast and protect buyers in our Boat Buying Guide.