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what do you do if the broker is not responding your inquiry?

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Answers (3)
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Fayer Business Solutions
Baltimore County, MD

Unfortunately, in my personal experience, this happens quiet often. Because business brokerage is pretty unregulated in most states, almost anyone can become one. This means that many people do this part time and don't take it seriously. I have had a broker call me back more than 3 weeks after my inquiry myself before.
If you inquired by phone and email more than a few times and a week goes by, I'd recommend calling the broker's office. Ask them if the broker is out of town and let them know you are interested in the specific business and do not want to let it get away without even having a fair chance at it. Usually, someone in the office will gladly let you know what steps you can take to get more information about the business.

If you need more help or would like me to try to get a hold of the broker or get you info on that listing, please feel free to contact me : fayersolutions@gmail.com

Feb 12, 2010
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How to Buy a Business
WA

Are you inquiring via email or telephone? You will be taken far more seriously if you pick up the phone and call.

Feb 12, 2010
Jessica Hadler Baines
American Business Group, LLC
President
Orange County, FL

Have you signed a confidentiality/non-disclosure agreement for a specific business with this broker? I would call 3 times and send an email three times saying you would like to speak to him or her.

If you get no response, contact another broker, preferably a member of the International Business Brokers Association (ibba.org) and ask for them to show you this business. The new broker will be the one in charge of contacting the listing broker for additional information and will also be able to show you other businesses that may meet your criteria which may be even better opportunities.

Feb 10, 2010

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