California is the only state which actually requires prospective sales people and brokers sit a 2-hour written test, which has a pass rate of 70%.
The CPYB program is supported and offered by all seven yacht broker associations in North America; YBAA, FYBA, NYBA, GCYBA, CYBA, OYBA and BCYBA.
For instance, yachting is very common in the Mediterranean and Caribbean Seas, along the U.S eastern and western and gulf coasts.
These popular waterways for leisure boating are proximate to the large western populations of Europe and all of North America.
Net agreements are becoming increasingly unpopular and are very rarely offered by Listing Brokers at the present time.
While they may seem an attractive option for sellers and do work well for sellers in limited scenarios, they are typically only offered when the broker is planning to make more than the standard 10% as their commission or, if less, it is unlikely another broker will want to bring a buyer to negotiation and share in a commission which is less than the standard and expected amount.