No. It does generally require a license and set of standards to follow. In Illinois where we are licensed it also requires a $100,000 cash bond for consumer protection to be held either privately or through an association. By purchasing through a licensed ticket broker you can be assured that you are dealing with a reputable broker. We are licensed to sell in 98% of the markets and will notify you if we cannot. All transactions that we handle meet all state and local provisions.
Yes. We are licensed by the Secretary of State of Illinois and we are also members of Illinois chapter of the Texas Ticket Brokers Association.
No. Ticket brokers generally have a very small percentage of seats to any event and it does not affect availability at all. Most shows that are sold out would not even come close to having enough seats for all the fans wanting to attend.
No. Most performers and sports teams assure that this does not happen. Promoters make sure that the tickets are not sold in advance and impose limits when they go on sale so that one person cannot buy a large block. The tickets that brokers have available are usually purchased at the general public on sale a couple of seats at a time.
By purchasing from a licensed ticket broker you can be assured that we have taken the necessary precautions to guarantee that they are genuine. We verify all of our sources for tickets and only buy from those that are reliable.
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 that want to sell their tickets and there are also people that want to buy those same tickets. There are 2 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.
Tickets are being sold at “Market Price”. This means that the ticket brokers are also buying them at well above face value. Basically if someone is selling their tickets to a major event, they generally want to sell them for what they are worth. The majority of the price of the ticket is usually the cost for obtaining them. Then there are general business expenses added to the cost of the tickets.