Plans & Services Related FAQs
| Question | Answer |
| Can I post my own Listing/s in this website? | Sorry, no you can't. This website is for providing information about buying and selling businesses, business partnerships, commercial property, franchises and land for commercial use in the Asia-Pacific region. It is also used to showcase the many listings we have on offer to potential Buyers under contract to sell/lease directly with Owners. The site is not a portal service. The only way your Listing can appear in this website is for you to contract with Asia Business Brokers to sell and/or lease via our Standard Listing Plan.
Because of the confidential nature of selling businesses, some information is only available to logged in registered users. To access this information you need to have a current User account with us and be logged in. Register login |
| Can you advertise, but not in the location of my business? | Surprisingly, we get this question A LOT, hence the FAQ. The answer is simple, "Yes, we can advertise in locations other than the business location". The real reason for asking the question though is probably more so that Sellers are concerned that people in their location (notably staff and customers) will learn that the business is for sale and this can mean loss of staff and/or customers while waiting for the business to sell. Not advertising in the business location though, does not strictly address the reason for the question (as asked) as people do not just read advertisements in their own location.
A chef, for example, working in your restaurant in (say) Singapore, could in fact subscribe to international channels (let's say a culinary Facebook group in the USA). Guess what? That chef will most likely see the advertising. To assist you the best we can, and accommodate your requirement to not be known to be selling in your location, our Listings and advertising do not state your business name, nor EXACT location. We also try to use images that do not divulge your business name nor exact location. There is no hiding (in this example though) that you are a restaurant and you are in Singapore. There is a chance that someone in your local area may recognize this. In terms of advertising on our own website, we have the ability to show a region (like South East Asia or Australasia or Melanesia, etc), but not specify a Country and/or Province and/or District and/or Location. |
| Do I need to sign a contract to list with Asia Business Brokers? | Yes, you do. The Listing Agreement is either completed in paper or online and prior to any work being undertaken. You may read about our Listing Service at our Services page.
Listing conditions, along with all other services are also covered in our Terms and Conditions page, which we encourage you to read prior to listing. If you do not agree with our terms and conditions, please do not create an account, or deactivate your account (as the case may be) and cease using this website. Importantly, listing with Asia Business Brokers is NOT an exclusive service. Please feel free to also advertise yourself and/or with other Brokers. If you have engaged another Broker to assist you to sell under an EXCLUSIVE arrangement, please consult with that Broker before listing with Asia Business Brokers. |
| Do you offer discounts on the Standard Listing Plan commission or Extra Listing Services? | Sorry, we do not offer any discounts as our rates of commission and cost of optional extra services are already comparable or lower than industry standard.
Our Standard Listing Plan is commission-based and comprehensive. There are absolutely no up-front payments required. We provide this service in anticipation of being responsible for identifying and introducing you to the Buyer. In this situation, if we don't deliver the Buyer, we don't get paid - it is entirely performance-based. We do, however, offer various promotions from time to time including Loyalty rewards, Incentive offers and Free offers details of which may be seen at our Specials page. |
| If I buy an Extra Listing Service (for example a Feature Listing) for 90 days and I sell my Listing (say) a week after, do I get a pro-rata refund? | Unfortunately no, you don't and the reason is because when you order and pay for a Service, we too order and pay for it from other Vendors. Most of the Vendors we use do not have a refund policy (or even pro-rata refund policy). Some of the Services we provide ourselves, we often have to pay commission on them up-front and with a no-refund policy. |
| Is there a minimum commission? | Yes, there is a minimum commission. We charge a commission based upon a percentage of the sale, but for sales where the calculated percentage commission is equal to or less than USD 3,000, the minimum commission due is USD 3,000. For rental only, if the calculated commission is equal to or less than USD 1,500, the minimum commission due is USD 1,500. All commissions are inclusive of VAT - VAT is not added to commissions.
Details of our Standard Listing Plan and a Commission Calculator can be seen at our our Standard Listing Plan page. |
| Who has access to my data? | Broadly speaking, our policy is that only people employed or authorized by Asia Business Brokers who need to access your data do so. Additionally, your data is never sold, given or intentionally released to any company, business or individual without your express written consent.
Full details of our privacy policy are detailed in our Privacy Policy page, and we encourage you to read this. |
