Broker roadblocks when asking about a business for sale

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by a professional from Bishop's University
in Moncton, NB, Canada

3yrs ago

Broker roadblocks when asking about a business for sale

How the buyer/seller/broker interaction really should go…

So, you inquire about a business for sale and then are asked for an NDA.

Once you sign, they send over the information package.

That’s how it goes right?

No, not with brokers who know what they’re doing…

Watch here now: redacted

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reply by a searcher 3yrs ago
in Las Vegas, NV, USA

This is why I don't like brokers being involved, too much complication and game playing....

The illusion of a broker helping keep info confidential is non-sensical. If I want to scam a broker I can easily do it by sending false info/statements. This is just the illusion of control that a makes people feel good, if a competitor wants your info, then they will get the info by getting their wife, brother, neighbor to ask for a CIM.

This is classic complication to make things sound more complex when in reality the process is simple. Nothing you have described requires a broker....