CPYB Endorsed Brokerage Program
The CPYB program offers the opportunity for qualified North American brokerage firms and dealerships to earn recognition as a CPYB Endorsed Brokerage. A qualified brokerage firm or dealership is defined as an entity or entities advertising under a common name in North America.
Just as the program recognizes qualified yacht sales professionals, the Endorsed Brokerage program recognizes firms and dealerships that are committed to the high standards of the CPYB program and who value the CPYB certification for its brokers.
As a CPYB Endorsed Brokerage, your firm will benefit through:
- Enhanced customer confidence,
- Commitment to the standards of the CPYB program, ensuring consistency of support for your brokers and yacht sales professionals,
- CPYB’s national advertising exposure in leading industry publications and websites, promoting the value of CPYB brokers and Endorsed Brokerages.
CPYB Endorsed Brokerages receive the following:
- Use of the CPYB Endorsed Brokerage program logo on your website and in any other form of advertising that your firm participates in;
- Ongoing national advertising in prominent yachting publications and websites,
- A recognition certificate, suitable for framing.
Qualifications & Eligibility: The brokerage firm meets or agrees to comply with the following:
- 75% of Brokers of Record, including the Principal, must be in the process of obtaining their CPYB designation by applying to the program, paying the application fee, and passing the CPYB exam within six months of application.
- The firm must provide, as by local law, evidence of a dedicated account for the funds held in trust for the protection of brokerage client funds.
- The Principal will certify, on an annual basis, that the Brokerage still meets the criteria listed above by completing the renewal form.
- The $100 annual program fee will be paid promptly in January of each year.
Each year the CPYB office will generate a data survey form that will be sent to the firm after the renewal has been paid. The form must be completed and sent back within 30 days.
Have questions? Please contact us at firstname.lastname@example.org or call 410-940-6349.
CPYB Endorsed Brokerages
The following yacht brokerages have earned the distinction of CPYB Endorsement, based upon their commitment to yacht sales professionalism and the ongoing professional development and certification of their brokers.