Earning CPYB Certification
CPYB Certification is the mark of excellence for yacht sales professionals throughout North America. CPYB brokers have met professional qualifications and have successfully passed a three-hour examination, testing their skills and knowledge as yacht sales professionals. If you are committed to professionalism and have what it takes, we invite you to apply.
All applicants must comply with the following eight requirements in order to be eligible to sit for the CPYB exam.
The applicant must, and where appropriate, the brokerage firm with whom the applicant is currently employed, meet or agree to comply with the following:
- The applicant must provide proof that he/she has worked for at least 2 years during the past 10 years as a full-time yacht broker and that he/she is currently employed as a full-time yacht broker and has been for the past 1 year.
- The applicant has not been convicted of a felony offense or equivalent within the previous seven years.
- The brokerage firm/broker of record maintains a dedicated escrow/trust account that is used for all client funds in trust.
- The brokerage firm/applicant currently holds all necessary licenses required by all applicable governmental entities.
- All client payments are made payable to the brokerage firm/broker of record and not to individual brokers.
- All client transactions are supported by fully executed, contractually sound written agreements, affording protection to both the buyer and seller.
- All business conducted by the applicant complies in full with the CPYB Code of Ethics.
- The applicant has not been found in violation of any other yacht broker association's Code of Ethics (of which they are a member) within the previous seven years.
- Three references are required for the application: two must be CPYB-certified individuals who can attest to the quality of your work. One will be the Principal of the brokerage firm you work under who can attest to your years of experience.
Application Fee: The non-refundable $325 fee includes the exam fee and up to two retakes. On the application, you will have the option to order The Guide, which is a recommended resource for exam preparation.