Which State is the Easiest to Become a Ticket Broker?
by Miranda Carr
Update:
- Which State Is The Easy State To Become A Ticket Broker?
- Ticket Brokering
- How To Become A Ticket Broker With Few Steps
- Find Your Niche
- Acquire A Business License
- Start Selling
Thumbnail: Ticket på Sveavägen by AleWi (CC0 1.0)
Have you ever thought of starting a ticket brokering company? While many people have it in mind, the business is not just a side hustle. It could be your chance for a whole new career. Now, I know what you are thinking – ticket scalping? Isn't that shady business? Well, here's the reality – it is a legit gig, but you must have the proper license to play the game.
However, the ticket brokering business is always challenging to start up. It requires dedication and a whole lot of investment. On the other hand, if you have the correct information and technique, you can turn it into a steady source of income.
Therefore, you must understand the business and set yourself up for success before diving into it. So, in this article, we will explore the steps needed to become a ticket broker.
Which State Is The Easy State To Become A Ticket Broker?
When it comes to becoming a ticket broker, the processes required might seem like a hard nut to crack. However, the methods might vary based on your location. While some countries require a fortune for registration, some might come easy.
If you are looking for a state where breaking into the ticket brokering game is easy, you should turn your gaze toward Texas and Arizona. They are like the golden ticket of ticket brokering – easy-peasy licensing requirements and a smooth sailing process to get your business up and running.
Below is a list of some states and their licensing fees:
States | License Requirements | Fee |
|---|---|---|
Texas | Registration fee | $39 license fee, $49 LLC, $39 tax iD. |
New York | Bond, registration fee | $5,000 license fee |
Georgia | Required Disclosures, registration fee | $500 annual license fee |
Arizona | Background Check, Registration fee | $100 license fee |
Kansas | Registration fee | $200 annual fee |
Illinois | Registration fee | $100 annual registration fee |
Ohio | Registration fee | $100 registration fee, $25 subsequent fee |
North Carolina | Registration fee | $2,000 registration fee |
Pennsylvania | Bond | $1,000 license bond |
Ticket Brokering
Have you ever thought of starting a ticket brokering company? While many people have it in mind, the business is not just a side hustle. It could be your chance for a whole new career. Now, I know what you are thinking – ticket scalping? Isn't that shady business? Well, here's the reality – it is a legit gig, but you must have the proper license to play the game.
However, the ticket brokering business is always challenging to start up. It requires dedication and a whole lot of investment. On the other hand, if you have the correct information and technique, you can turn it into a steady source of income.
Therefore, you must understand the business and set yourself up for success before diving into it. So, in this article, we will explore the steps needed to become a ticket broker.
How To Become A Ticket Broker With Few Steps
Before you start working as a ticket broker, you have to consider a few things. For starters, you have to be sure before hopping into this business. To get more information regarding this line of business, you can explore some ticket broker associations.
For instance, the NATB is dedicated to voicing the concerns of brokers. Other websites like Broker Buds and the United States Ticket Brokers Association allow you to grow your ticket-selling business and profit.
Most importantly, you will get the tools you need to run your business like a pro. Moreover, you will rub elbows with other members, opening doors to networking and learning opportunities you won't find anywhere else. Here are the five major steps to becoming a ticket broker;
Find Your Niche
Acquire A Business License
Start Selling
Find Your Niche
It's like finding your specialization in a long list of ticketing fields. Successful brokers know their markets inside and out, sniffing out the hottest events and tickets that'll fetch top dollar. Start by diving into a single genre of music or a specific sport – think country concerts or football games. After becoming an expert in one field, you can now decide to explore other niches.
Acquire A Business License
You will need to get yourself a business license. The license type varies depending on where you are based, so give your friendly neighborhood secretary of state a ring to figure out what you need. Also, if you plan to sell tickets right outside the event, check in with the local authorities about scalping laws – you don't want to step on any toes.
Start Selling
Now, onto the fun part – buying and reselling tickets. Keep your finger on the pulse of the hottest events and snatch tickets from trustworthy ticketing sites and brokers. Pay attention to seat quality and adjust your prices accordingly. Then, list your tickets on platforms like eBay, Stubhub, TicketX to reel in those buyers. Here is some information about reselling the tickets:
About TicketX
TicketX is America's newest secondary ticket market, which debuted in July 2023. TicketX's mission is to provide the best ticket-selling and ticket-buying experience for American users. Thanks to our solid foundation built by TicketJam, the largest secondary ticket marketplace in Asia, TicketX promises to bring long-term support as well as world-class customer experience to the American audience. By leveraging the expertise and success of TicketJam as well as its Magazine, TicketX is poised to set new standards and redefine expectations in the dynamic world of resale ticket markets within America.
