The sworn wine broker will quickly prove to be a key player in your wine transaction. Essentially, he will have two roles: the first being commercial and the second legal.
The sworn wine broker holds in-depth wine expertise. To this end, he constantly keeps abreast of wine market value and maintains close relations with wine traders, merchants, producers, and cooperatives. He can act as a mediator during wine transactions through this knowledge. He will establish sound wine expertise, refer to the quotations and official prices of the different vintages, and negotiate the selling price.
Once the expert appraisal has been completed and the price fixed, he will draft the agreement contract and proceed with the relevant jurisdictions to conclude the transaction. Therefore, the sworn wine broker plays an essential role in a transaction.
The Proficiencies of the Sworn Wine Broker：
- Wine stock inventory and precise valuation expertise in properties or wine trading companies ;
- Allocation appraisals in wine trading companies ;
The broker, at the time of purchase, carries out a tasting of the wine stock to check that it is of sound and fair merchantable quality.