Business Broker Career & Business Broker Office Opportunities
Join Our Team
Business Team, the largest business broker in the Western United States, is expanding!
Business Team has offices in Fresno, Los Angeles, Monterey, Newport Beach, Pleasant Hill, Reno, Roseville, San Francisco, San Jose, Santa Rosa, Seattle, St. Louis, Stockton, Woodland Hills, with new offices (and career opportunities) opening soon.
Match buyers and sellers of small companies (up to $100M revenue). Work with attorneys and accountants to facilitate the sale. Requires motivated problem solver. Sales, financial and/or business background is desirable but not essential.
Complete training and mentor program are provided.
This is a commission-only position. Candidates must demonstrate an ability to support themselves during the start-up phase, generally four to six months.
Why Become A Business Broker / Intermediary
Large commissions
Commissions from a single transaction can exceed $500,000.
Independence
Associates are independent contractors in charge of their own schedules (and performance).
Job satisfaction
Helping sellers achieve liquidity and a fair price for their business and helping buyers successfully realize the American Dream of business ownership is very rewarding.
Stimulating, professional environment
Conduct negotiations and interact with business owners, lawyers, CPA's and lenders and become knowledgeable about a wide variety of businesses.
Why Choose Business Team
Being the largest and oldest business broker in the Western United States means more listings, more buyers, more deal flow and more repeat business. You have experience on your side even when you are first getting started.
Access to exclusive on-line listings that attract thousands of additional buyers.
Exclusive, secure web site accessible only by Business Team associates, allowing instant access to all critical documents, contracts and information from any location.
In-depth and unmatched four day training course approved for continuing education (CE) credit by the California Department of Real Estate. Additional training, forms and office procedures and manuals will be provided for new office licensees.
Mentor program and business systems whereby each new associate is poised to rapidly gain competence and confidence.
FAQs
Do I need any license?
In most states a real estate license is required. We can begin training immediately, however, new associates must be licensed within three months of joining and will be limited, if located in a licensed state. We recommend home-study schools because they are quick and inexpensive.
How long is the training?
The mentor period is generally three months and the classroom training is four days.
How does the mentor program work?
The new associate partners with a senior associate (5+ years experience) and shares the work and fees on a 50/50 basis for at least the first two transactions.
Are there any costs?
For new agents, Business Team pays for operational expenses, e.g., rent, phone, secretarial support and supplies. Agents are responsible for business cards, automobile costs, supplemental advertising, etc. In addition, a new associate pays licensing school fees (approximately $100) and a $1,000 refundable training fee to Business Team.
For new brokers (office licensees), Business Team will start you off with support, supplies, forms and addition and access to our website. Broker/licensees are responsible for all other costs. Licensee fees range from $5,500 to $18,000.
How long will it take before I close my first transaction?
Generally four to six months.
How much money does the average person make?
There is no average. Our top associates earn in excess of $500,000/year. A few fail and the rest fall in between at their personal income comfort level. Most associates earn more each successive year.
How is the commission divided?
The associate gets from 50% to 80% of the gross selling or listing commission based on his or her prior twelve month performance.
What are the qualities of a successful business broker?
In probable order of importance they are:
- People skills, including communication, empathy and listening abilities.
- Ability to work both as a team member and independently to prioritize tasks and clients.
- Background and experience. Only one or two of our 150+ associates had prior business brokerage experience before joining. Common backgrounds are prior business ownership, professional sales and/or financial experience.
For more information on career or office opportunities with Business Team, please contact our Managing Director, Aron Culver, at 916-774-9000 ext. 103 or email: aron@btinorcal.
