Business Broker – ANZSCO 612111

Business Brokers operate as independent agents in the buying and selling of businesses. Registration or licensing may be required.

Skill Level

3

Alternative Titles

• Business Agent

Specialisations

• Franchise Broker

Skills Assessment Requirement

Unless you are exempt in very limited circumstances, you are required to have a positive Skills Assessment to apply for the visas listed above.

Skills Assessment authority for Business Broker is Vocational & Education Training Assessment (VETASSESS). To have a positive skills assessment, you must meet the following criteria:

• AQF Certificate IV Qualification in a highly relevant field of study AND at least one year of post-qualification highly relevant employment at an appropriate skill level in the last five years; or
• AQF Certificate IV Qualification that is not a highly relevant field of study AND at least two years post-qualification highly relevant employment at an appropriate skill level in the last five years; or
• AQF Certificate III Qualification in a highly relevant field of study AND at least three years of post-qualification highly relevant employment at an appropriate skill level in the last five years.
• To achieve a positive skills assessment, the applicant must meet the qualification and employment experience requirements.

Important

According to VETASSESS, pre-qualification experience for Operating Theatre Technicians may be considered in a skills assessment if the experience meets the following requirements:

• Three years of relevant employment;
• One year of highly relevant employment performed at the required skill level; and
• The employment experience was gained in the last five years

Potential Visa Pathways for Business Broker

Group: 6121 Real Estate Sales Agents

Description

Sell, lease and manage commercial and private properties, and broker the buying and selling of businesses.

Tasks

• Accepting and listing properties and businesses for sale and lease, conducting inspections, and advising buyers on the merits of properties and businesses and the terms of sale or lease
• Advising vendors of sales and marketing options such as sale by auction and open house inspections
• Cataloguing and detailing land, buildings and businesses for sale or lease and arranging advertising
• Assessing buyers’ needs and locating properties and businesses for their consideration
• Offering valuations and advice for buying and selling properties and businesses, and structuring the terms of settlement
• Collecting and holding rent monies from tenants, and remitting to owner on agreed basis
• Monitoring and addressing non-compliance with terms and conditions of tenancy and pursuing rental arrears
• Developing and implementing business plans, budgets, policies and procedures for the agency
• May arrange finance, land brokerage, conveyancing and maintenance of premises

Skill Level

Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.
In Australia:
AQF Certificate III including at least two years of on-the-job training, or AQF Certificate IV (ANZSCO Skill Level 3)

In New Zealand:
NZ Register Level 4 qualification (ANZSCO Skill Level 3)

At least three years of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
Registration or licensing may be required.
The occupation Real Estate Agency Principal (Aus) / Real Estate Agency Licensee (NZ) has a level of skill commensurate with the qualifications and experience outlined below.
In Australia:
AQF Associate Degree, Advanced Diploma or Diploma (ANZSCO Skill Level 2)

In New Zealand:
NZ Register Diploma (ANZSCO Skill Level 2)

At least three years of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

Occupations in this Group

• 612111 Business Broker
• 612112 Property Manager
• 612113 Real Estate Agency Principal (Aus) / Real Estate Agency Licensee (NZ)
• 612114 Real Estate Agent
• 612115 Real Estate Representative