I was met with some hard gatekeeping today on a $1M SDE deal with an asking price of $2.5M:
"To qualify for this opportunity, the potential buyer must have at least $1.5 million in liquid assets and $4 million in total assets. Please provide proof of funds showing at least $ 1.5 mil of liquid assets."
Is this a joke? Unless the seller is looking for cash, why would he ask for this? Any suggestions on how to politely respond? I don't have that much liquid funds but can raise if necessary.
Absurd Broker Gate Keeping - Asking for $1.5M proof of liquid funds
by a searcher from University of California, Los Angeles - UCLA Anderson School of Management
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