SELLER'S QUESTIONNAIRE

HERE ARE 50 QUESTIONS A POTENTIAL SELLER IS REQUIRED TO ANSWER OR THAT AN AGENT IS REQUIRED TO ASK AND BE READY TO PROVIDE WHEN IN CONTACT WITH US:

1. What are the products Seller has available for immediate sale?
2. What are the product specifications and can Seller send them to us?
3. Is there anything unusual about the product, such as being recycled or irregular, delivery issues, packaging, clearing, govt prerequisites, etc?
4. Does the product conform to any widely acceptable world standards?
5. What is the current price of the product?
6. Has the price been recently verified?
7. Is the price quoted as CIF, FOB, or any other term?
8. What is the entire seller preferred process and procedure?
9. What are the complete details of how the product is packaged/shipped/delivered?
10. Is there any requirement for application or license with any entity?
11. Is there an up front fee?
12. Does the seller have a required quantity minimum - MOQ?
13. Is there a seller-mandated quantity maximum?
14. How many brokers between you and the seller?
15. Is there a commission?
16. How much is the commission?
17. Who takes part of the commission?
18. Who is considered the buyer's side of the transaction?
19. Who is considered the seller's side?
20. Who are the intermediaries (if any)?
21. How is the commission divided?
22. What is the claim of commission, for each person in the chain?
23. What will each broker in the chain be doing, in order to earn his/her share?
24. Will the brokers be allowed to make-up (i.e. forge) any seller's signatures?
25. From which port will the product depart?
26. Does the seller interfere with what is charged for the product?
27. Does the wholesale price vary, as a function of what is charged?
28. Will the seller sign an NCNDA?
29. Will the seller have his signature notarized on the NCNDA?
30. What is the policy of the seller, when buyers attempt to circumvent brokers?
31. Which method of payment is acceptable to the seller?
32. Is the seller flexible on payment method?
33. Is there a higher price if the payment method varies?
34. Have you shipped with them in the past?
35. Has anyone ever shipped with them before?
36. Which insurer has issued performance bonds for this seller?
37. Can we speak with the insurance company?
38. When can the seller begin shipping?
39. How long has the seller been in business?
40. Does the seller require that the buyer use a reliable bank or one of world top 50 banks?
41. Does the seller use a reliable bank?
42. Who is the Paymaster?
43. How do brokers get paid?
44. Are the brokers paid directly by the Paymaster or paid by the seller?
45. Have you ever been paid by the seller on any transaction?
46. Are the procedures flexible or rigid?
47. How long does it take to get a Soft Offer?
48. How long does it take to get an FCO?
49. How long does it take to get a Draft Contract from the seller?
50. How long does it take to get a Final Contract, with full cooperation from the buyer?