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how does co-brokering usually work in a businees deal in the selling of a business.

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The BAF Group LLC
MD

You last writer is correct: Make them put it in writing! We ALWAYS co-broker with RESPONSIBLE Brokers. But many, many others do not and - depending upon your business - it could take months for a Broker, working completely on his own, to accomplish what he could do in weeks, with the cooperation of others. Moreover, from the Sellers' perspective, getting multiple offers can keep the pricing higher through competition with multiple Buyers. As Brokers, the large number of people in the brokerage business who do not co-op is one of our biggest frustrations!

How does it work? Very simple: If another Broker brings a ready, willing and able Buyer to the table, he runs the Buyer through your listing Broker, and the listing Broker shares his commission with the other Broker. It should cost you no more than it does if your own Broker sells it, by himself.

May 24, 2009
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Do not list your company for sale with any broker who will not put in writing that he will split the commission 50/50 with other brokers or intermediaries who represent buyers. Too many greedy brokers refuse to co-broker. As a result, your business will not sell for years or fetch too little.

May 23, 2009
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Biz Wiz Inc
Broker
Fulton County, GA

Co- brokering is a common practice with reputable business brokers. One broker acts as the selling broker and the other acts as the buying broker. The brokerage fee is divided according to a co-brokering agreement signed by the two brokers. Contact your local Business Brokerage Association for a broker referral.

Apr 30, 2009
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Most of Broker business is too greedy!!! they don't want even to co-brokering among others, that is way a lot of listing has end up expired or never been SOLD!!! It's very easy to make it easier, faster selling anykind of business:
1st. Price it right!!! Not too Expensive!!! or Fancy Pricing!!!
2nd.Perfect Co-Broker has to be Fifty-fifty split!!! for Both Broker Side ,...not 10% or flat fee Who wants to work hard for less payment!!!! Not even your Self!!!

Good Luck ...Sorry for my opinion...Hope you guys change your Business philosophy for better way to do business!!!

Apr 29, 2009
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keller williams atlanta partners
Henry County, GA

similar to real estate transactions. Whatever the listing agent decides, it could be 50% or less. It all depends on deals.
The typical commission on a business deal is 10% or some kind of a flat fee. Depends on the size and the market you are selling the business.

Apr 28, 2009

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