How to be a Diamond Broker
Do you wish to help people in buying or selling diamonds that’s why you are aiming of becoming a diamond broker someday?
A diamond broker is required to be knowledgeable in identifying the quality of diamonds and should assist the buyers or sellers in completing the transaction; therefore it is vital to learn the steps on how to be a diamond broker.
Becoming a Diamond Broker, is it Easy?
Many people in the business of buying and selling diamonds are relying on the expertise of diamond brokers, therefore his main job is to make sure that every transaction are being completed smoothly and properly. But the job is very sensitive and this requires a good education and years of training before somebody can be a dependable diamond broker.
One of the main qualities of a professional diamond broker is the deep knowledge about grading of diamonds and knows well how to evaluate the true value of the precious stone based on the 4 C’s (Color, Clarity, Cut, & Carat). He or she must also have strong connection with wholesalers, private buyers and sellers, diamond cutters in the gem industry. Since the diamond broker is dealing with a valuable and very costly stone, integrity and reliability are the other traits should be developed. If you have decided to be part of the gem industry and be reputable on this profitable career, here are some guidelines for you.
Ways to be a Diamond Broker
In the first place, it is not easy to become a diamond broker and this follow a step by step process. Just like other brokering jobs, education is very important to acquire the enough learning about the profession. Here is a brief outline for those who would like to join in the diamond brokering industry.
- Complete a course in Gemology. A diamond broker should be educated in the jewelry business by completing first a short course in Gemology to learn the basics of analyzing, evaluating, and appraising jewelries using different tools and equipments. This could be very expensive on your part if you really want to be expert on diamonds by attending the most reputable institutions in Gemology such as Gemological Institute of America or GIA. Acquiring a diploma in Gemology is the first step to become a diamond broker and only respectable schools like GIA are issuing diploma for the said program.
- Be Certified. Finishing a course in Gemology is not enough to be eligible for the job. Certified Gemologist is one of the titles that a diamond broker should hold. Other titles are Registered Jeweler and Certified Gemologist Appraiser (CGA). Of all these titles, CGA is considered as the most reputable title in the industry of gemstones. To get this title, the aspirant should have at least five years experience as a diamond appraiser.
- Earn experiences. Before you commit yourself on the actual job of diamond brokering, it is important to train yourself and learn the nature of business by joining a brokering company.
- Be licensed. Once you are ready to handle your own business and you have established a good network, acquire a business license so you can legally conduct your business.