What is a ticket broker?
VipSeats permits a number of professional ticket sellers to list their inventories on our site. Among our thoroughly screened listing sellers are reputable ticket brokers. A broker is defined as “One hired for a fee to negotiate purchases, contracts, or sales.” A ticket broker does just that. There are people who want to sell their tickets and there are also people who want to buy those same tickets. There are two ways that a broker can do this. The broker can buy the tickets outright from the seller and hope that they can sell them. If the market drops or the tickets don’t get sold the broker incurs the loss. The second way is the broker could take the tickets from the seller on consignment and keep a fee if they are sold. Either way a ticket broker puts the buyers and the sellers together for a fee.
If you’ve ever tried to get tickets to a concert, only to find them sold out three minutes after they went on sale, look no further than a ticket broker. With legions of employees both in line and online, a ticket broker has the resources to buy more tickets and buy them faster than an individual. If you can’t find tickets to an event, chances are a ticket broker has them. Many states have laws prohibiting the sale of tickets for more than face value. Some states have laws that specifically forbid a ticket broker to do business. With the worldwide access of the Internet, a ticket broker can operate in a state that allows him or her to do business, and sell tickets to concerts, shows, and events from all over the world. A ticket broker makes money based on supply and demand. There is an artificially small supply of event tickets, because a show only plays so many dates and there are only so many seats at a venue. This allows a ticket broker to control a significant portion of the supply
(and why are tickets from a broker so expensive?) Here you are, shopping online for tickets, and you’ve come across dozens of web sites that claim to be “ticket brokers”. Like most people, you’re probably wondering what exactly that means. “Ticket broker”? Is that like a stock broker? Yes, actually, it is. A broker in the general sense means “One that acts as an agent for others, as in negotiating contracts, purchases, or sales in return for a fee or commission.” In the world of tickets this definition also applies. A ticket broker purchases tickets from the primary ticket holder and re-sells those tickets to customers for a fee. So, is TicketLiquidator a broker? Not exactly. TicketLiquidator is not a broker in this more traditional sense– we’re more like a comparison-shopping network. We never directly purchase any tickets. Much like Ebay, we merely display ticket inventory that is held by ticket brokers. For most events, the percentage of tickets held by ticket brokers is actually q
A ticket broker is a business or licensed individual who buys tickets from various wholesalers and other sources and then resells these tickets at an increased price to reflect obtaining costs. There is a huge disparity between a ticket broker and a scalper. Here are some of the differences below: • If an event is cancelled a person can get an in store credit or a refund of the face value. • Brokers as opposed to scalpers maintain a office where they can be reached during normal business hours, our office is accessible to the public, clean and really nice, come by sometime! • We guarantee that our tickets are not counterfeit and seat locations are correct (obstructions and limited view will be made known prominently). If in the very very small chance tickets are found to be counterfeit your money will be fully refunded! • We Maintain a good customer relationship with our clients and accept all forms of payment including all major credit cards, cash at our location, money orders, checks
• A ticket brokers buys tickets from wholesalers and other sources, and resells them at increased prices that reflect the costs of obtaining premium seating. While many people compare ticket brokers to ticket scalpers, there are drastic differences between the two. Ticket brokers guarantee ticket legitimacy, strive to maintain good customer relationships and maintain an office with regular business hours. Due to the difficulty of purchasing good seats (or sometimes, any seats) when they go on sale through Ticketmaster or the box office, ticket brokers are increasingly becoming the route to take when you need tickets for a hard to get or sold out event.
