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One of the advantages of engaging Vested Business Brokers to help you sell your business is the fact that Vested offers “non-exclusive” listing agreements to their “seller” clients. In this video, Nathan Goldstein, owner and CEO of Vested Business Brokers discusses the benefits of using a non-exclusive listing agreement when you’re trying to sell your business…
This is Nathan Goldstein of Vested Business Brokers. We have helped people buy, grow, and sell profitable, privately owned businesses since 2001 and we have closed more than 1000 transactions over that period of time.
Okay…so you’re ready to sell your business, right? You’ve been bombarded by companies sending you letters telling you how wonderful they are…
Then you go check them out on the Internet and you discover that these companies despite talking a good game have only 20 listings in their portfolio…
What does this mean? It probably means that if you use their services you’ll be waiting a long time to sell you business.
Why? Because qualified buyers go to the firms with the most amount of listings and sellers go to the firms with the most amount of buyers.
Is that fair? Who cares! You want to sell you business, right?
At Vested Business Brokers we have approximately 120,000 active buyers in our database. And our website, Vestedbb.com, get about 1000 hits a day (mostly unique hits) from people who find us online because they are looking for great business listings.
Today, I’d like to talk to you about “exclusive” and “non-exclusive” listing agreements.
When you list with a broker under an “exclusive” agreement you are in effect telling that broker that he will be paid upon the sale of your business whether or not he is the one who brings you the buyer who ultimately buys your business.
Under a “non-exclusive” listing agreement the broker only get paid a commission if he brings you the buyer who ultimately buys your business.
At Vested we offer non-exclusive listing agreements to all of our seller clients. This way if we help you by find you the buyer who eventually buys your business then we “earn” a commission fee.
However, under a non-exclusive agreement you can sell the business on you own, and we would NOT earn a fee.
The non-exclusive agreement give you, the seller, the most flexibility and in our opinion, this is the fairest way to proceed with our seller clients.
Call us for a free business evaluation at (877) 735-5224.