T here is no one fast answer of 'yes' or 'no'.
The answer depends upon which state or country the business or Business Broker is in. Some laws apply only if the Business Broker actually sets foot in the state to sell the franchise or business. L et me explain my opinions below and you may draw your own conclusions. Of the other states, if you are selling only assets of the business including personal property, fixtures and goodwill, you may not need a real estate license. You may not discuss, handle, transfer or assist in any lease arrangements of the business.