How do I tell if a business broker is licensed in NSW?
by 1st of March, 2021
In NSW, all business brokers must be licensed to operate on your behalf. Fair Trading is the governing body that oversees the licensing of business brokers in NSW. A business broker’s license is referred to as; Class 2 Agent - Real Estate – Business Agent or Class 1 Agent - Real Estate - Business Broking. A certificate holder, known as an Assistant Agent, cannot enter into a sales agreement or an agency agreement.
You can check a business brokers license here via Revenue NSW.
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> How to Choose the Right Business Broker
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