Everyone wants to ask this and nobody does, so here it is. Yacht sales is a commission business. Most brokers work straight commission — you eat what you kill. A few shops might offer a draw (an advance against commissions you'll earn later) to get you through the slow early months, but plenty don't. Ask before you sign anything. Here's how the money actually works, because the headline number fools people. Say a boat sells for $300,000 at a 10% commission — that's $30,000. But: - The seller pays it, and you only get a dime when the deal closes. - If another broker brought the buyer (which is how many deals go), that $30K splits between the two sides — usually 50/50. Now you're at $15,000. This is called co-brokerage. - Then your side splits again with your brokerage. As a new salesperson that's often around half. Now you're at ~$7,500. So the "$30,000 commission" is really ~$7,500 in your pocket on that boat. That's not to scare you off — good brokers do very well — it's to set the expectation correctly: this is a pipeline game. You stack deals and relationships over time, and the dry spells are part of the model, not a sign you're failing. Questions on any of this? Drop them below.