Experiences with exclusive buy search brokers?

February 14, 2024
by a searcher from Queen's University in Boise, ID, USA
I'm a self funded searcher. Anyone else with experience with using exclusive buy search brokers? I am not aware of this clause where the broker would claim a 4%-6% commission on ALL deals coming my way even if they weren't sourced by the buyer broker and came from other seller brokers I've contacted. I understand that they should get commission on their active search results. Any concerns from others? Seems like I would be at a disadvantage as a prospective buyer if seller broker has to potentially split commission. Thanks guys!
from University of Toronto in Toronto, ON, Canada
from Southern Methodist University in Fort Lauderdale, FL, USA