About Brokers

A prospective seller of a structured settlement payment is better served utilizing the services of a structured settlement broker rather than approaching a buyer directly. The same is true for an individual who is about to come into a large sum of money via a structured settlement payment. This is because with a broker mediating a deal, it works out best for all the parties involved.

Business Brokerage
While selling a structured settlement, taking help from a broker is recommended as a broker maintains professional contacts with several underwriters and is thus in a position to offer the best deal to a seller. One should ensure that the broker is not working exclusively for a selected few underwriters as it may result in lower lump sum payments.

bidorbuy reserves the right to remove Trade Brokers from the site if they are found to bypass bidorbuy system to get directly in touch with buyers, or if there are repeated complaints against them. You can list your name in the 'Trade Broker Directory' by clicking the 'Register as a Trade Broker' link on the 'Trade Broker' page. Please note that bidorbuy.co.za has the right to remove you from the directory if the required criteria are not met. If clients place a complaint about the 'Trade Broker' services, or if a Trade Broker bypasses the bidorbuy system to get in directly in touch with buyers, bidorbuy holds the right to remove the user from the 'Trade Broker' List.

Forex Broker
A seller can take help from an attorney who has had past dealings with structured settlement brokers and knows the right questions to ask. One should focus queries on the cost of the process and time involved.

Contact information for the broker who fulfills your order (Fulfilling Broker) will be provided to User during the purchase process.

Online Brokerage
The broker should be experienced enough to handle the intricacies of a structured settlement and variables affected by individual situations. This ability makes an experienced broker a valuable asset in ensuring that the settlement process takes place fast and efficiently. The brokers should also possess all the means of communication so that time is not lost and there is less paper clutter at the client's end.

Contact information for the broker who fulfills your order (Fulfilling Broker) will be provided to User during the purchase process.

Real Estate Broker
A structured settlement broker can provide an indication of the costs and time involved in selling a structured settlement. The broker's inputs will be useful in deciding the right amount of payments to sell. Alternatively, when an individual is obtaining a structured settlement payment through an out-of-court settlement or lottery winnings, the broker analyses the best possible payment scenario for his client after understanding his concerns. This helps the beneficiary in availing the settlement payments in the best possible manner. The broker's efforts also involve imparting tax-planning and investment advice to his clients.

The list of Trade Brokers can be found in the 'Trade Broker Directory'. Any item which, according to South African laws, is legal can be sold through a Trade Broker. The fees that are paid to the Trade Broker will have to be accepted by you and the Trade Broker. We recommend that you reach an agreement before beginning any transaction. When deciding on the fee,

Agency Brokerage Spark
Ideally, the structured settlement broker should be registered with the Department of Justice, be registered in a state of America, and with one insurance company at least. Brokers should be insured against errors and omissions and should have a reputation for fair dealing.

2.4 The Client understands that the Trade Broker is an independent entity providing services in his own capacity and is not an employee, agents or authorised representatives of bidorbuy (Pty) Ltd. 2.5 Payment of the bidorbuy fee(s) is the sole responsibility of the Trade Broker and not the Client's or any other third party. 2.6 bidorbuy shall not intervene in any way in the relationship between the Trade Broker and the Client. bidorbuy's only role in the relationship between the Trade Broker and the Client is providing a Trade Brokers Directory on the bidorbuy.co.za website.

Business Broker
George Hostetler recommends Structured Settlements Guide for more information on finding a structured settlement broker.

Brokerage Account

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