One of the only Co-op business brokerages is set to open in Maryland in the next few weeks. In a slumping economy and a market where most brokers choose not to share commission, Fayer Business Solutions chooses to stand out. They believe that more exposure to their listings result in a better opportunity to sell. And what better way to gain this exposure than to offer incentive in the form of commission to other broker’s to bring their buyers.
The company has a different view of what the industry should be as a whole. Coming from a Real Estate background, the owner see’s Business Brokerage still in its infancy stage. “There is a lot of room for growth and change in this highly unregulated industry” says Gennady, owner of the company. He foresees an industry similar to the Real Estate one, with a MLS for businesses, and most brokerages offering to co-op. This will not only make it much easier for the brokers themselves, but will add a lot of benefit to the business owner.
