Before forwarding a passed deal, ask the broker
Ask about the recipient and the material before sharing a deal you passed on.
Passing on a deal is your acquisition decision. It gives you no new permission to share the seller's information. Start with the broker before introducing another buyer.
Read the terms you actually signed
Check who may receive information, for what purpose, and whether written consent is required. Look for limits on summaries, recipient obligations, and return or deletion duties after a pass.
For one concrete example, Irvine Business Brokerage's published agreement restricts third-party disclosure, provides a limited representative exception, and requires return of material when a buyer decides not to purchase. Your agreement may differ. Have counsel review your actual terms when the proposed sharing is unclear.
Ask for a specific authorization
Name the intended recipient and ask which material, if any, the broker can authorize you to share. Confirm any seller approval needed under the actual agreements. Keep the written answer.
Ask for a broker-approved blind teaser. Removing the business name alone may leave enough detail to identify the seller. Review geography, niche, customer descriptions, exact figures, and file metadata with the broker.
Keep the teaser separate from the CIM
Synthetic example. The people, permission, and teaser below are invented. This is not a legal template.
You pass because a business sits outside your geography. A peer searches in that region.
You ask the broker whether you may introduce that named peer, without sending the CIM.
In this example, the broker confirms seller authorization and supplies a specific teaser for that recipient: "Regional commercial services business. Contact the broker for details."
You send only that approved version. The broker handles qualification, any required NDA, and a separate decision about CIM access.
Permission for one teaser and recipient does not authorize a group post, another attachment, or further forwarding. Ask the recipient to contact the broker for additional information.
Stop when the broker asks
Keep a record of the authorized version and recipient. If the broker withdraws permission, stop further circulation and ask the recipient to stop sharing. Follow applicable return or deletion instructions. You cannot promise to recall every copy already sent.
SearchWare's "pass it on" forwarding and broker inquiry desk are planned features. These are permission checks for your current workflow, not instructions for an available sharing tool.
Discuss your broker workflow. Leave confidential deal documents out of the first message.