FlyerTalk Forums - View Single Post - Sat next to a milage broker
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Old Jan 14, 2006 | 6:34 pm
  #28  
CandymanJim
 
Join Date: Sep 2005
Location: Modesto, CA (90 miles from any real airport)
Programs: SPG Plat (3.2MM LT), Hilton Gold, AA LT Plat (3.2MM), Hertz 5*, US Mint MVP
Posts: 638
Selling to Brokers

I have sold 100's of thousands of miles to brokers over the past few years. Many times it was easier to sell my miles and use the cash to buy the same seats on the same airlines that no longer had and "miles" seats availible. I prefer to use my miles for redemption to the airlines, but most of the time the cash is used to complete my vacation where I cant use miles. I have never had any issues with ANY brokers. Most of the brokers I have dealt with will make the reservation and ask me to call and book the flight. When calling the airlines I have never had to lie or misinform them about what I was doing. If the ticket was for lets say John Smith, I would call the airline and tell the the reservation number (Already done by the broker) and tell them I wanted to use my miles for this ticket. The airline would confirm the name (John Smith) and destinations and it would be done in a matter of 3-5 minutes. The passengers names NEVER had any similarities to my name. The airlines NEVER asked about relationships or if I was selling these miles.

Once I have the physical tickets they would overnight me a cashier check which included ALL the fees and a return overnight envelope. Most tickets would get me anywhere from 0.016 to 0.0185 per mile which in many cases was better than the airline was willing to reward me with. Some may argue this is wrong, but they are now getting a cash and miles redeption at the same time.



Jim

Last edited by CandymanJim; Jan 14, 2006 at 6:40 pm
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