The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

Asking all lawyers: If a business broker bars other brokers from their listings, is that restraint of trade?

Ron Chromey

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., ""

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, or to rant about personal issues. It's all in the guidelines.

Submit Your Answer
Answers (2)
No User Photo

We are financial consultants to a group of investors whom we have their consent to manage their funds which is in our custody for cooperation in joint venture business investments.

Our areas of interest include Property Development and real estate, Health Care, Education and training, Mining and exploration, Energy, oil and gas,Technology, Software development, Agriculture, Manufacturing, Finance Services and Leisure.However, all viable proposals within reason will be considered.

Funds shall be made available to you as a direct investment loan at 3% interest rate per annual for a period of 2 or 30 years depending on what you prefer. You may contact us if you have interesting investment proposal for possible business collaboration for our study.

We look forward to your reply to enable us provide you with details or you may visit our website.

Kindly acknowledge receipt of email.

Thank you.

Yours Sincerely
Jesse Peterson
phone: (980) 239-7539

Jun 13, 2017
No User Photo
The BAF Group LLC

No. The sad truth is that many, many Brokers do not co-op with other Business Brokers. There is no obligation for them to share commissions or work with other Brokers, unless it may be required by some states with odd licensing restrictions - but I know of none that require that specific allowance. There should be no restriction of working with other Brokers if the Selling Broker is coming with a Buyer who is willing to pay your fee. If a Listing Business Broker still refuses to work with you, I see no reason it is a restraint of trade - although I am not an attorney - but he is almost certainly an idiot and not representing his Client well, at all.

Dec 2, 2013

Start a Discussion