Services for Business Brokers


This website was established in 1998 (over twenty plus years ago) and we have subsequently become the premium business sales listing portal in South Africa. Google takes us seriously - thanks to age, content and linking - and you only need to search on terms such as "businesses for sale" to understand why our traffic is so high. We have honed a website and model that works well for brokers. We ourselves are not brokers - we simply provide you with leads, and if a sale results then we're in for a commission. Think newspaper advertising - except we are digital with much wider reach.

We need broker relationships in all areas as we require stock for buyers who are specifically looking in your location. We also have sellers from time to time needing broker services, and need to be able to refer them.

  • In short, our website currently receives up to 5,000 unique visitors per month.
  • Over 75% of our listings are placed by brokers.
  • No possible breach of your seller confidentiality.
  • No monthly, up front or other fees - just a comm paid if we provide a buyer.
We would also give you inbound leads from buyers looking for a broker to source a business, or for a broker to sell a business for them in your area.

The real synergy that we can offer you is that we have wide national reach and excellent international traffic. For an endorsement (we hope) of our services, can we suggest that you contact any of the brokers listed on our Recommended Brokers page. The majority of our listings (by value) are placed by brokers and over 85% of deals closed are broker listings. Almost all the brokers listing with us have been participating for several years (some for over 15 years) which is an endorsement of the quality of enquiries that the site generates.

It is important to understand that we operate as an advertising and contact service and, in the normal course of events, would not have any personal contact with the people making enquiries. Copies of their enquiry forms are emailed to us for control purposes only and the original is emailed directly to yourselves.

The Commission Agreement signed by business brokers takes into account:
  • Only one blanket agreement needs to be signed to cover all businesses listed by that broker.
  • Client confidentiality is maintained in that the business owner is not identified to ourselves until such time as the business is sold.
  • Commissions payable to Biz.for.Sale are only due once the broker has received payment from the seller of the business.

Why are there two different commission structures.?

While the individual business seller's agreements are based on a variable flat commission that is calculated on the final sale price, that model is not always suitable for brokers and agents. A broker's commission, for example, may be pre-negotiated as a fixed rand amount and our commission based on the sale price might be disproportionately large.

Consequently we offer an alternative gross income based commission model which is defined as 10% of the gross income that you earn on the sale. If the seller pays you a R 25 000 commission on the sale (even though you may have had R 2 000 advertising costs) then R 2 500 (10% or 25000) would be due to Biz.for.Sale. This is known as the 'Income Based' commission agreement.

A standard 'Price Based' commission agreement is available for brokers who would prefer to pay a commission based only on the final sale price.

TEST THE WATERS

We suggest that maybe you start by selecting one or two businesses that would most likely need a buyer from outside your area. One priced below R1m and one in the R2m plus range. Once you've experienced how our system works you'll know the type of business to list.

We know the system works well and invite you to put up two businesses of your choice without any agreement or commission requirement. This is a Pure Freebie Offer to try the system out and to leave them there for as long as you wish.
You need to first read the page "How it works for Sellers" to understand the general procedures and conditions for listing.

Although there would be no problem with a broker using the standard commission agreement, we do acknowledge that special provision needs to be made for the listing of businesses by business brokers.

The Commission Agreement signed by business brokers takes into account:
  • Only one blanket agreement needs to be signed to cover all businesses listed by that broker.
  • Client confidentiality is maintained in that the business owner is not identified to ourselves until such time as the business is sold.
  • Commissions payable to Biz.for.Sale are only due once the broker has received payment from the seller of the business.
  • Our Biz.for.Sale commission can be based on your choice of two different systems:
      -   as a percentage of Purchase Price Paid
      -   as a percentage of Gross Income on the deal
Why are there two different commission structures.?   Explanation here.
 

Four Quick steps to Register as Participating Broker


  1. Complete this    

  2. Print out the applicable Broker's Commission Agreement
     
  3. Sign the Broker's Commission Agreement and scan/email or fax it to us.
     
  4. Start submitting your businesses.!
We will mail your Broker Code to you which should be used when submitting.

Please remember to mail (yup, the Post Office) the original agreement to us.

 
We also strongly recommend that you read Tips for Creating Effective Broker Listings before you select and submit your first listings.