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What is the best way to list your Salon and Spa on the Market, through a realtor and is BuySell a reputable co

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The BAF Group LLC
MD

There can be vast difference between a Realtor, and a Business Broker. A Realtor belongs to the National Association of Realtors, and is principally involved in the sale of Real Estate. A business broker is principally involved in selling Businesses, and should also be a Licensed Real Estate Agent/Broker, if he/she is involved in selling Businesses that involve Real Estate. In a few states, Business Brokers are required to be licensed under the local Real Estate laws, but since you do not say where you are located, it is uncertain as to whether this affects you, in your market.

All Realtors are not qualified as Business Brokers. As a Business Broker with a Real Estate License, I am not qualified to sell your home, even though legally, I am licensed to do so. It is a matter of specialization, experience and training. It is similar to the differences between doctors. You would not ask your gynecologist to take your tonsils out.

See if you can talk to other Business Owners that have bought or sold businesses, to determine whether they have used a Business Broker, and who they would recommend. You might also talked to your Accountant or Lawyer, for recommendations in that area, as well. But I would also be careful not to allow your Accountant or Lawyer to talk you into allowing them to represent you in the brokering of your business. We do not practice accounting or law, either. Again, it is a matter of specialization, experience and training.

Jan 27, 2015

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