04 Oct Qualities of the Best Business Broker

Selling your business is nearly impossible without a broker. In this post, we shall cover the best traits that all successful business brokers exhibit and how they are imperative to a broker’s success.

Has a high degree of personal responsibility. A good business broker realizes that his success or failure is dependent on him.

Possess an overall positive outlook and attitude. Let’s face it; a business brokerage career is not easy. There will be obstacles to overcome, really bad days, deals that fall apart just before closing, etc. It really helps to have a positive outlook.

Goal Oriented. Individuals that are goal oriented always accomplish more than those that aren’t. Explore what goals were achieved in past jobs and personal accomplishments.

Self-motivated. Who has time to constantly prod others to complete projects, be more proactive, and in general get up and go to work each day?  Hire individuals that have a high degree of self-motivation.

Thinks through things logically. Business brokers that can reason and logically think through complex situations make fewer mistakes, take better listings, put together more transactions and are easier to manage.

Emotionally stable. Many of the clients we represent are under a great deal of stress from running their business, contemplating the transfer of the business, and possibly dealing with other personal issues. Our clients high stress levels make it even more imperative that their business broker be calm, and rational under all circumstances.

If you are looking to take advantage of the current market conditions to sell your business, contact Broker Matcher today!