It’s great to find a variety of options online when you want to get the best moving company that will be able to respond to your needs. However, there is a better way to make the decision making process easier by contacting a moving broker. Before we dive into moving brokers laws, let’s start at the beginning shall we?
Take note that moving brokers do not provide the services themselves. Moving brokers are not responsible and authorized to transport your household goods. Moreover, you do not have professional movers or moving trucks. Likewise, interstate moving brokers are required to contract movers that are registered with the Federal Motor Carrier Safety Administration (FMCSA).
There are requirements for a moving broker that clients need to be cautious about. If you are going to book your move, it is important that you ask the company if you are actually a mover or a broker. So as a moving broker, you should have the following requirements.
A search tool can be used from the FMCSA website to determine if the broker or mover is duly registered. You can also check the complaints history from within this website.
Basically, moving brokers act as middlemen to help you get connected with moving services. Brokers are also there to arrange the move for you. So moving brokers provide the moving estimates and will assist you in booking with the best moving company.
Your skills as a broker usually come directly from your ability to negotiate for the price on behalf of clients and arrange for the required logistics. Even so, you will still have to go through some legal and regulatory audits before operating. In this case, you should be regulated by the FMCSA in which you need to be registered before you can arrange moves. At the same time, you should have a valid DOT number.
A moving broker is the perfect middleman. Taking the hassle out of moving for customers while finding sales for moving companies. Get your negotiating skills up and break out your book of contacts. You’re going to be on your phone making deals and hustling all day. Moving brokers laws are the least of your daily concern or should be, if you have created a smooth on boarding and payment process.
Moving broker merchant accounts can be tricky to say the least.
Banks provide some insight into what they consider a high-risk merchant account. The truth is that only a qualified high risk merchant account provider can tell you what consistutes high risk, and ultimately how to avoid so many of the pitfalls related to that status. These are some of the following reasons moving brokers are considered high risk accounts:
Finding a merchant account is a necessary part of the business. It doesn’t have to be difficult, it just has to be done.