Why is it important for my business broker to be a member
of the Business Brokers of Florida?
· Only members of the Business Brokers of Florida can post listings on the popular BBF Multiple Listing site, which is the primary source members use when searching for a business for a buyer.
· All BBF members cooperate with other member brokers.
· All BBF members will co-broker a transaction with a fellow member.
· Would you list your home with a broker who couldn’t post the listing to the multiple listing service? A non-BBF member can advertise your business in many different ways, but he can’t advertise on the primary site used by most Florida Business Brokers.
· There are more than 800 member brokers. Because we all cooperate the chances of finding the right buyer for a business or the right business for a buyer are multiplied.
Why a business broker may not be a member
of the Business Brokers of Florida:
· The broker may not be a ‘joiner’ and just wishes to go it alone.
· The broker may be more comfortable with residential real estate sales.
· The broker may not be willing to pay the fees required to belong.
· Because of a lack of experience, the broker may not have been accepted for membership. Many apply; not all are chosen.
· Because of past experiences with BBF members; his or her membership application may have been rejected.
Under the laws of the state of Florida, anyone with a real estate license can represent himself as a business broker. This includes agents who focus on residential or commercial real estate. Real estate agents who are not members of the Business Brokers of Florida may have high ethical standards and the best of intentions, but their ability to serve business buyers and sellers is severely hampered because they are not BBF members.
Jon Hunt
Senior Associate
Florida Business Exchange
www.jonhunt.biz
jonhhunt@bellsouth.net
904-823-7225
This is real.
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