How does a ticket broker work?

A ticket broker takes on the task of deciding which events are hot, buying tickets in advance and reselling the tickets for a profit. Event Experts estimates that ticket brokers make a profit of between 50 to 400 percent. The job of a ticket broker requires both foresight and creativity.

Can you make money buying and selling sports tickets?

Tickets reselling is now a trending phenomenon. People can now buy tickets for different events and resell them for profit. You too can participate in this side hustle to make extra money. If you start reselling tickets then you can start making extra money to achieve some level of financial freedom.

Can you make money buying and selling season tickets?

You can resell them. Thus, when you resell the tickets the money you receive is more than what you paid for them. While most games will only make you a small profit ($5-$10 a seat), the most popular games can haul in some major moolah. For example, the cost of my seats average out to about $19.60 per seat, per game.

How does SeatGeek make money?

Listing tickets on SeatGeek is completely free. When a ticket is successfully sold, SeatGeek takes a 15 percent fee off of the purchase price. While Seatgeek used to also make money from a stream that called “digital sales,” or other companies paying SeatGeek to advertise on the site, it no longer makes money this way.

Is selling concert tickets illegal?

In California, ticket scalping is illegal when done on the grounds of the event. This is a misdemeanor charge that carries a fine as high as $1,000. While that may be illegal, it is legal to purchase resale tickets online from valid ticket websites such as SeatGeek, StubHub, and Ticketmaster.

Is it illegal to resell festival tickets?

Secondary ticketing refers to the practice of reselling tickets for an event, such as a rock concert or a football match. However, it is still perfectly legal to resell tickets for other events such as gigs and concerts, as long as the sale abides by consumer protection laws.

What is better SeatGeek or StubHub?

Quick Summary: StubHub is the clear winner for best prices and selection versus SeatGeek, TicketLiquidator, Ticketmaster, and the other options listed below. None of the sites listed below are “risky,” unlike Craigslist, and should all be trusted to deliver the tickets that you are purchasing.

How long does it take SeatGeek to pay?

How long will it take to get paid after selling tickets? We will send your payout 24 hours after the event ends and it will take up to 5 business days for the money to appear in your bank account.

Is SeatGeek a good place to buy tickets?

Seatgeek is 100% reliable and legit site. you can get tickets at affordable price without getting scammed.. If you are a new customer, on top of their price match guarantee you can get a $10 discount for ALL tickets “from this page on SeatGeek.com”.

Is Vivid Seats or StubHub better?

StubHub’s fees are reportedly a little higher than Vivid Seats‘ on average. Total costs can range from 20% to 50% of the original price. StubHub does have decent customer service but it is nowhere near as highly recommended as Vivid Seats.

Does StubHub own SeatGeek?

In 2007, StubHub was acquired by eBay for $310 million. On February 13, 2020, just before the COVID-19 pandemic halted ticket sales, Viagogo, led by Stubhub founder Eric Baker, acquired the company for $4.05 billion.

StubHub.

Type Subsidiary
Area served United States Canada United Kingdom Germany

Is TicketMaster better than Vivid Seats?

Results were generated by 51 employees and customers of Ticketmaster and 9 employees and customers of Vivid Seats. Ticketmaster’s brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Ticketmaster.

Ticketmaster vs Vivid Seats.

35% Promoters
49% Detractors

Can you get scammed on Vivid Seats?

Is Vivid Seats legit? Yes. Vivid Seats is a trusted and reliable way to buy and sell tickets. It is a legitimate company that facilities hundreds of millions of dollars worth of ticket sales each year.

Is Vivid Seats a safe site?

Vivid Seats says they are a safe and secure ticket website with a 100% guarantee, but let’s take a further look… Vivid Seats is a ticket exchange online that has offices in Chicago with over 19 years of experience, so they are a legit company (once had an A+ rating on the BBB for a while).

How does Vivid Seats get their tickets?

Vivid Seats does not own or generate tickets; rather, all tickets listed in our marketplace are managed and owned, by professional ticket resellers and pre-screened individual sellers who have already purchased those tickets. As a result, they are able to provide premium tickets or passes to sold-out events.

Do Vivid Seats prices drop?

If you wait to buy a specific set of tickets that you want, the seller may increase or decrease the price before you are ready to buy – or another customer may buy those tickets first. We cannot hold tickets for customers to purchase later, so we recommend buying tickets as soon as you find ones that you want.

Is Vivid Seats Legit Reddit?

Used them for concert tickets and cubs games, they’re legit. They sound about as legit as the Nigerian Lottery I won a few times.

Is Vivid Seats a ticket reseller?

Vivid Seats is a resale marketplace for event tickets. Tickets are made available for sale by individuals who can no longer attend the events that they purchased, and by professional resellers. Vivid Seats also serves as the official ticket provider for ESPN.