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CPYB Endorsed Brokerage Program
Endorsed Brokerage program recognizes firms and dealerships who value their brokers being CPYB certified. This signals that the brokerage is dedicated to the high standards ethical business practices association with the CPYB certification and a very knowledge brokers. 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.
CPYB Endorsed Brokerages
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.
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.