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Must-do's in Signing the Form Broker Application on Mobile

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Tips on completing the Form Broker Application

youtube video

Steps of Customizing the Form Broker Application

good morning everybody this is Scout.Woods transportation training group this.is my first new video that I'm going to.upload to YouTube in probably 18 months.I I don't try to be a YouTube star I.just try to give people good information.there's so much bad information I'll.hear on YouTube about freight brokering.and establishing trucking companies and.well quite frankly I would love to.upload a video every day or even every.week but I don't have time I'm actually.in the industry.I broke or Freight on a daily basis I.run a very profitable trucking company.with my sons and I still manage to do a.lot of training for freight brokering as.well now what you have in front of you.is the revised form op1 this came out in.June of 2018 now I already have another.video on YouTube about this we teach.people how to get their own motor.carrier Authority or your brokerage.Authority it's the same application now.in order to use this form you have to.have a pre-existing authority already.whether that's as a broker or as a.trucking company if you do not have a.pre-existing authority you will have to.use the online application with the.FMCSA which is you know the unified.registration system but for the purpose.of this video we're gonna show you how.to complete this form that way you guys.are not paying one of these scoundrels.out there five six seven hundred ollars.to get your authority you can just do it.yourself.you'll see how easy it is to complete.this application now I'm going to walk.you through everything I've even took.the time in highlighted certain areas.here now what we're looking at right.here is the first page of form op1 it's.just going to take your applicant.information now this is if you want to.be a freight broker alright this is only.if you want to be a freight broker now.you'll see right up here at the first.question number.I put a pre-existing MC number there I'm.filling out this application as if I am.a current trucking company owner which.has a current MC number and d-o-t number.so we have to put that MC number that we.currently have in question number one.your next questions which you're going.to be two through twenty three is going.to be basic information the name of your.freight brokerage you can have a doing.business as name if it's different than.your LLC or incorporation you'll have to.put your principal place of business all.right that's your physical business.address and that's four through nine 10.through 15 is going to be your mailing.address if it's different then you're.going to have to put your registered.agents name that's your representative.that's questions 16 through 23.now typically what happens if you pay.somebody to fill out this application.they will put their information there.and they'll charge you a yearly update.and filing fee so avoid this put your.information there question 24 usdot.number if you have a pre-existing USDOT.number which you should have if you have.that MC number you will list it there.now questions 25 through 27 what form of.business are you are you a corporation.are you a sole proprietor or are you a.partnership that are known as an LLC you.will select which one you are and then.put the corresponding information there.now that's page one of this report and.you'll see as we go through here how.much it'll actually change you know just.a little bit if you will let's go to.page two now the type of operating.authority that we are applying for now.you'll see I have question 28.highlighted you'll have to check that.box now if you want to be a broker you.know most brokers are going to be.a property broker except household goods.were not moving companies although if.you want to be a moving company you will.select that option because with the.options here you can either become a.motor carrier you know and that's a.contract carrier or a common carrier and.you can also you know transport.household goods or property you have to.make your choices you know I am.selecting broker of property except.household goods that's what the majority.of you will be now if you want to be a.domestic freight forwarder you would.select either the option for United.States based enterprise carrier of.international cargo accept household.goods or United States based enterprise.carrier of international household goods.alright.most freight forwarders are going to.select the option just like the broker.accept household goods now the only.difference between that freight.forwarder and a broker because freight.forwarders can do the exact same thing.as a broker okay with exception to they.can also cut their own bills of lading.they can also take possession of the.freight alright now that right there are.big differences other than a broker a.broker can just arrange for the.transport we cannot actually take.possession but for your freight.forwarder you can do so now you're gonna.see right here for insurance information.in section 3 that does not apply to you.as a broker the only insurance you need.is a broker is your surety bond.insurance and if you're watching this.video or you're going to take one of my.classes I will show you the cheapest.surety bond provider in the country.don't pay too much for this you'll pay a.damn fortune if you you don't watch it.this insurance information portion is.strictly for motor carriers who are.applying for their motor carrier.Authority all right with it now safety.certification section 4 you'll see that.the same thing applies only for motor.carriers does not apply to freight.forwarder app.Wiccans does not apply to freight broker.applicants now I'm just gonna barely.scroll down here a little bit for.question five now question five are your.affiliations this is only if your name.is on the legal paperwork for any other.MC numbers and do t numbers you would.list those in the box as I have these.samples listed right here in Section.five alright so put that information.there for the FMC and says use they'll.just run a quick scan on them and it.falls good you won't have any issues all.right household goods certifications.this is once again if you're going to be.a carrier of household goods alright has.nothing to do with freight forwarders or.brokers number seven is the same thing.only for motor carriers so you're just.gonna skip page four entirely you still.have to submit it just don't check any.boxes page five this is the oath you're.just gonna sign your name here that.everything you're providing is true.alright once you complete the applicants.oath you come down to your filing fee.your filing fee is only three hundred.dollars for this alright and you could.pay it by check or money order you can.also pay it by credit card alright for.this form fill out all your appropriate.information and then you will either.mail it in to Washington DC or Atlanta.Georgia now once you submit this.application they're going to issue you a.PIN number and issue your MC number and.do T number okay.the pin number is used to modify your.account the MC number do T number will.be your operating authority that's going.to be your license now when you get that.it will not be active it's going to take.it about twenty-five days to go active.once you put your surety bond insurance.on it alright so basically once you.complete this.application mail it in you're gonna.basically put your shirt about insurance.on this and then it's going to take like.I said about three weeks to complete the.entire thing now the only other thing.you have to do is register for unified.registration system all brokers and.forwarders and carriers have to do that.yearly the fee is seventy seven dollars.don't pay anybody anything different.they're going to ask for the same.information and then you have to get a.BOC three which is a processing agent.all right in that processing agent.essentially what they do is accept.paperwork on your behalf if there's ever.anything legal troubles that you're.going to go through maybe a carrier has.a rack and and stuff like that well it's.gonna take you less time to fill out.this application then it has from me to.make this video do not pay somebody to.do this for you that's just.

How to generate an electronic signature for the Form Broker Application online

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  3. Select the types of signatures you need to place. It can be drawn, typed, or uploaded signatures.
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  6. You can also fax it.
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Due to our convenient features, CocoSign's eSignature tool can help users to eSign your PDF file well on all the electronic devices like mobile android or iOS, laptop, computer, or any other relevant operating system.

How to create an electronic signature for the Form Broker Application in Chrome

Chrome has been more and more popular as a convenient browser due to its comprehensive features, useful tools, and extensions. In this way, you can keep all your tools on your home screen in front of you. You just need to choose the form that fulfill your need without searching for it in a long time.

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Here are the basic key elements you need to follow:

  1. Note the CocoSign extension on Chrome Webstore and choose the option 'Add'.
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How to create an electronic signature for the Form Broker Application in Gmail?

Mailing documents is so useful that majority of businesses have gone paperless. Therefore, it will be a great selection if one can esign form online from Gmail in a straight line. You can do it by adding a CocoSign extension on your Chrome. Here is what you need to do:

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How to create an e-signature for the Form Broker Application straight from your smartphone?

mobiles are the most useful electronic devices used nowadays. You must be interested in using e-signature from this most used electronic device.

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How to create an e-signature for the Form Broker Application on iOS?

Many apps have a more complex setup when you start using them on an iOS device like the iPhone or iPad. However, you can esign form online safely with CocoSign, either using the iOS or Android operating system.

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How to create an electronic signature for the Form Broker Application on Android?

These days, Android gadgets are commonly used. Therefore, to assist its customers, CocoSign has developed the app for Android users. You can use the following intstructions to e-sign your Form Broker Application from Android:

  1. Add the CocoSign app from Google Play Store.
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  5. Generate your e-signature in another pop-up window.
  6. Place it on the page and choose '✓'.
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Form Broker Application FAQs

Note answers to questions about Form Broker Application . View the most useful topics and more.

Need help? Contact support

How do I fill out an application form to open a bank account?

It is very simple and easy to fill up this form. If you are in a difficult situation ,get the help of related Bank officials and they will help you to submit the application form.

How do I fill out the IIFT 2018 application form?

The IIFT application form process is in online mode only while to make the payment, candidates can opt for the online as well as offline mode. The end date to submit the IIFT application form has also been extended till September 15, 2017. Check the steps to register for IIFT Application Form 2018 .

Can I use broker statements to fill out form 8949 instead of a 1099-B?

You can but it would be wise to wait. Your broker will be sending a copy of the 1099-B that they send to you to the IRS also. The IRS will be checking to make sure your reported numbers match up with your brokers. If you make a mistake and have to file an amended return this could end up costing you additional filing fees depending on how you are having your return prepared. We typically advise clients to wait. We’ll use broker statements if there is a legitimate issue getting the broker to send the 1099-B.

Is it possible to buy stocks from outside countries (e.g. NYSE), and how?

I get this question multiple times in my inbox so let me put all the details in a single post. Can I trade/invest in foreign account as an international player ? The short answer is YES. But there are number of paper works to be done before you can start trading/ investing in a foreign account. Let us say you want to invest/trade in American stock market as a foreigner. What do you need to get started ? A completed account application form. You can get this from the brokers website. As an individual you need to fill out a W-8BEN form for tax purposes. In case you want to trade as an entity then you need to fill W-8BEN-E form. You need to have a passport, in case you don’t have passport any government photo-ID, along with a letter stating that you do not have a passport. A verification of your address, country of residence needs to be done by providing utility bill. Preferably brokers ask for a bank statement. The documents must be in English characters or certified English translation. Which Countries qualify ? Most countries can participate on US markets except a handful like Iran, Nigeria etc. You can know this easily by going to a international brokers website and check in the drop down menu if your country is listed or not. You can always pick up the phone and call these brokers if you have additional questions. They will walk you through additional paperwork that you may need to be complaint depending on your personal situation. Try to call multiple brokers as some brokers are easy on their terms if you satisfy basic requirements. Once you have setup your foreign account then you are good to go. Cheers.

Is the real estate exam hard?

Real estate exams vary by state, but in my opinion the barriers to entry are very low overall. If you take the required hours of training seriously and do minimal prep prior to the exam, you should be able to pass it easily.

What is the age and experience requirement to apply for a broker license?

Latest experience, just completed all procedure Today(3, Jun, 2017) at KR PURAM, Bangalore. No Broker/ No agent I have applied license through Home (parivahan, for all over INDIA). The website is self explanatory so don’t worry, sit back, that will teach you the entire procedure of applying. Even if you have existing license of one class(bike) and if you are applying for another class(car), website will not allow you. It will always says “license is not valid or legacy data”. So you can’t add existing license to new license through online. it’s better to go apply offline so that you can combine th Continue Reading

How do I fill out the CAT 2018 application form?

There is a detailed instruction on how to fill up the form on the CAT website. Both written and a video format. The instructions are easy to follow. If you still find it difficult talk to a faculty if you are taking coaching in any institute or anyone known to you who has already filled the form.

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