Business Brokerage Press study shows business brokers most likely to list on and receive more responses from BizBuysell.com over other online listing sites.
San Francisco, CA - October 24, 2014 -- BizBuySell.com, the Internet's largest business-for-sale marketplace, announced today its ranking as the clear industry leader in terms of usage, buyer responses generated and overall satisfaction according to the Business Brokerage Press's 2014 Industry Survey of hundreds of business brokers across the nation. Business Brokerage Press provides products, services and resources aimed to support and equip the business brokerage industry.
BizBuySell continues to be most commonly used business-for-sale marketplace with 82 percent of surveyed business brokers saying they use BizBuySell to market their business for sale listings. This is the eighth straight Business Brokerage Press survey that BizBuySell.com has taken the top spot. BizQuest.com was second with 67 percent of brokers using the site to market businesses for sale. All other national listing exchanges were used by less than 50 percent of business brokers.
Surveyed brokers again credited BizBuySell.com for generating the highest percentage of buyer responses, reporting that 39 percent of total buyer responses received are from BizBuySell. BizQuest.com was second with 13% of buyer responses. Together, BizBuySell and BizQuest were reported to account for more buyer responses than all other listings sites combined.
"We are thrilled to top the list once again as our team prides itself on ensuring brokers receive the best service possible, while at the same time making it easy for entrepreneurs to find the perfect business." Bob House, Group GM of BizBuySell.com and BizQuest.com said. "We hold the business broker community in high regard and will continue working with them to make sure BizBuySell.com remains the most effective tool in matching small business buyers and sellers."
When asked to rate each business listing site based on ease of use and overall service provided, 77 percent of users ranked BizBuySell.com as either "good" or "excellent." More than half of respondents answered the same regarding BizQuest.com.
Walker Sands Communications
BizBuySell is the Internet's largest business for sale marketplace. Since 1996, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell currently has an inventory of approximately 48,000 businesses - spanning 80 countries - for sale at any one time and receives more than 1 million monthly visits. The site also features an extensive franchise directory as well as an easy-to-use business valuation tool. Please visit www.bizbuysell.com for more information.
BizBuySell was founded in 1996 and in 2012 became a division of CoStar Group, Inc. (NASDAQ - CSGP) - commercial real estate's leading provider of information and analytic services. CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information and offers a suite of online services enabling clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. For more information, visit www.costar.com.