How To Be A Ticket Broker

How do I become a ticket broker?

This question gets asked a lot so I’ve complied a list of common questions and answers to help you decide if you want to become a ticket broker.

Q: What do I need to be a ticket broker?

A: Lots of hard work, a credit card, Internet connection, mailbox and lots of patience. Be prepared to research lots of events each day before you find profitable ones.

Q: How can I start out without a lot of money?

A: You can get the ball rolling with buying your first set of tickets, so an investment of $100-$200 can get you into the ticket industry. Be careful not to put tickets on your credit card unless you can afford to pay it off right away. The last thing you'll want to do is be paying interest on a pair of tickets that haven't sold.

Q: What tickets do I buy?

A: Do a 10-page report on each concert before you buy and you should never lose money. That means researching the artist, when the last time they toured, completed sales on Ebay, venue capacity, seating chart and the market/demographics for starters. Sound easier said than done? Then you may want to check out The Ticket Broker Guide - they'll teach you exactly how to become a ticket broker and start selling tickets on Ebay and Stubhub for big profits.

Q: How much should I sell my tickets for?

A: That all depends on the market and what the buyer is willing pay. Thankfully, Ebay and Stubhub both show you completed listings for how much tickets sold for, so before you invest in any event, you should always check the completed sales history. If there are no completed sales for the event you want to sell tickets for, check if the event has sold well in other markets. Some events are sure-fire winners in some markets, while they make tank in others. If you're unsure what markets are hot, and what ones are not, you can always check out the Market Predictions report for the Top-50 Markets across North America, if you are just learning how to be a ticket broker.

Q: What is an undercutter?

A: An undercutter is a panicky seller who feels the need to price their tickets lower than the already lowest price, which in turn drives down the whole market value resulting in lower profits for everyone. GA concerts are usually a haven for undercutters because everyone has the same ticket.

Q: Where do I sell my tickets?

A: Long answer short, If you are anxious to sell your tickets and look forward to receiving lower profits, Ebay is the way to go. If you are patient and like making money, then check out Stubhub. If you like to deal with tire kickers and people looking strictly for bargains, then by all means sell on Craigslist.

In all seriousness, if you want to become a ticket broker be prepared to do lots of research and stick with it! 

You're not in this alone, there is an actual guide (the #1 ticket resale guide), The Ticket Broker Guide that will teach you how to be a ticket broker, one step at a time. So if you're interested in selling tickets on sites like Stubhub and Ebay (not outside of a venue), and are looking for a work-at-home-opportunity, definitely check out The Ticket Broker Guide and tell them Broker Buzz sent you!