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MYTHS & TRUTHS


 

We highly recommend that before you choose to attend any broker or agent training that you read the following information.  These facts may help you in making an informed decision.

 

Myth # 1: You need expert representation (such as a DOT practitioner, lawyer, accountant, etc.) to file for motor carrier and/or property broker authority.
Truth: The documents you need in order to file for motor carrier and/or property broker authority are readily available at the Federal Motor Carrier Safety Administration’s website. Instructions on completing these forms are provided, and if additional help is required, you can contact the FMCSA directly.

Myth # 2: An expert can get your authority faster than if you file yourself.
Truth: No matter who files for your authority, you will be given a temporary MC number instantly. That MC number will become permanent and active after a 10 day waiting period and after you have met the bond and BOC-3 requirements. There is no special filing method that can make this sequence of events happen any faster.

Myth # 3: You can learn to be a freight broker with one or two days of training.
Truth: What other profession can you learn to do with one day’s training? Freight brokers are professionals. As a professional, you are expected to be knowledgeable in every aspect of freight brokering. There is no way any training program can teach you to be a successful freight broker in one or two days. Although TTA does provide a one day class, by no means do we intend to suggest that it will teach you to be a freight broker. Our one day class is designed to introduce people to what freight brokering is about. It will help you decide whether or not the profession is for you.

Myth # 4: You can learn to be a successful freight broker through an internet or home study program.
Truth: Although convenient, internet training and home study programs are not a good choice. There is no substitute for face to face interaction with an expert educator and professional broker. In addition, questions and input from fellow classmates is an invaluable characteristic of an on-site class. Being able to ask questions and receive immediate feed back is another advantage of attending a class. By participating in live demonstration and practice, there is greater opportunity to learn correct methods in class rather than making costly mistakes due to trial and error as you learn the industry on your own.

Myth # 5: An instructor who is not actively engaged in brokering freight can provide you with practical and up-to-date knowledge about the industry.
Truth: All instructors at TTA are actively involved in brokering freight. This provides their students with the advantage of receiving the best education possible. Therefore, we at TTA believe that before you invest your hard earned money in a freight broker training program, you should ask for the name of the brokerage (and its MC number) with which the instructor is affiliated. You can verify whether or not a brokerage has active authority (using its MC number) through the Federal Motor Carrier Safety Administration website.

Myth # 6: The ability to teach requires no formal training.
Truth: Teaching is a skill that requires formal training. It requires well developed skills in curriculum development, lesson preparation, lesson delivery, and appropriate evaluation. All instructors at TTA hold degrees in education.
 

Myth #7: There are different levels of broker certification (i.e., Master Broker – Diamond, Platinum, Gold, or Journeyman Broker, - Silver).
Truth: There is only one level of broker certification: The official term is Property Broker. No matter how many schools you attend, courses you take, money you spend, or years you work, you are still a Property Broker. A more common term used is Freight Broker. The Federal Motor Carrier Safety Administration (FMCSA) does not recognize any other title than Property Broker. You can contact the FMCSA at 1-800-832-5660.


 

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