If you are interested in buying a diamond and this is your first endeavor into this process, then it a good idea to use a diamond broker. Diamond brokers are able to get you the best price possible because they negotiate with the diamond dealer and they work with the diamond dealer to guarantee payment to them and for you they will guarantee you a refund if you are not happy.
People typically use diamond brokers when they are in the market for a diamond that is a little more costly. For example, if you are seeking a diamond that has nearly no flaws or whose color is rare, then seeking out a diamond broker is probably the right route to go. The reason people go to a diamond broker is because they have the knowledge and the expertise to find the best quality diamond for the best value. By utilizing a diamond broker you are able to save about 50% of buying the diamond retail because diamond brokers go straight to the source and buy from people who sell them wholesale or actually find and cut the diamonds themselves.
So how do you know if the diamond broker you will be using is legitimate? You have to do some research and speak to different people who perhaps used a diamond broker in the past, someone that they trust will get them the best value at a fair price, to use when selecting a diamond to purchase.
Diamond brokers know where to go for great deals because they likely have been in the business a while and know various people who either cut, trade, sell or import diamonds. They know from which sellers they can get the greatest deal and they also know if those people are honest and fair. They are a type of mediator when it comes to diamond selecting and purchasing. You tell them the color, cut and size of the diamond you wish to buy and what your budget is and then they do the big job of going to find you the perfect diamond for the best price.