Broker Licensing: Vetting Professional Business Brokers Near Me in the Philippines
Broker Licensing: Vetting Professional Business Brokers Near Me in the Philippines
What professional licenses or accreditations should buyers look for when vetting business brokers near me in the Philippines?
2 Answers
Buyers should look for brokers with registration with the Securities and Exchange Commission (SEC) if dealing with corporations, membership in professional bodies like the Philippine Association of Business Brokers, and relevant real estate or financial advisory licenses, which indicate credibility and adherence to ethical standards.
In the Philippines, when vetting business brokers, buyers should look for licenses from the Securities and Exchange Commission (SEC) if the broker handles corporate sales, and registration with the Philippine Association of Real Estate Boards (PAREB) or the Professional Regulation Commission (PRC) if the deal involves property or real estate components. Membership in professional bodies like the Philippine Franchise Association (PFA) or industry-specific associations can also signal credibility. Beyond paperwork, a trustworthy broker will have verifiable deal experience, client references, and a transparent process, which gives you confidence that youโre not just clicking โbuyโ blindly, but stepping into a well-guided, secure transaction.