Kentoow Consultant

a buyers agent is employed by you to go out and find the products that you desire to sell from qualified suppliers. They will help you negotiate the deal and may charge a percentage of the total deal or a flat fee per transaction. Flat fee's are normally associated with a one time deal and the percentage is based on a long term deal. A true buyer's agent is also one that carries product liability insurance. If you were to employ a buyer's agent that does not carry this insurance and the deal went wrong or you were scammed out of your money you would have no recourse to collect any damages. A sourcing agent is one who is also insured but primarily charges a flat fee for bring a manufacturer and a buyer together to produce a product line of the buyer's choosing. While they can also work as a buyers agent the main goal of the sourcing agent is to work with both the buyer and manufacturer to produce items according to your quality and engineering specifications. Many large sourcing firms also employ engineers and offer inspection services. The deal of a sourcing agent may move to that of a buyers agent once the initial products have been sourced.