11/30/05

Residential Real Estate Agents Selling Businesses


Today a realtor sent me an email regarding a client of his that was interested in one of my listings. I wrote back that if he was a realtor I would be happy to pay him a referal fee if he wanted to pass his clients on to me. If he was a broker I told him to fill out my co-broker agreement and fax it back to me with a sign NDA from his client.

He sent me a slightly nasty email saying that he had no intention of passing the clients to me and if I don't co-operate he would be interested. I responsed with the following: You don't have to be offended, I have a real-estate license but I don't sell peoples homes just because I have a relationship with them. That would be a disservice to them because it's not my area of expertise and selling business is trickier than buying a home. You should rethink your attitude or become a business broker. Thank you!


Comments & Advice From Peter:

This has always been an issue in the business brokerage industry. Many residential real estate agents don't realize/understand the nuances of selling a business and they can really blow a deal because of their lack of knowledge. That is probably why 60%+ of all business brokers and agents don't cooperate with other agents - there is too much liability when working with another agent who doesn't understand the process of selling or buying a business.
Technorati  •del.icio.us  •Digg It  •Furl  •ma.gnolia  •Spurl  •Yahoo MyWeb
Submit Comment:

First Name: *
Last Name: *
Company Name:
Email: *
URL: http://
Comment: *
 * I have read and understand the USABizMart Privacy Policy
 
Comments:



 Back To USABizMart Blog

Recent USABizMart Blog Posts

Purchase A Business Tip: Sit In On The Business

Company For Sale Tip: Keep Clean Books And Records

Sell Businesses Tip: Beware Of Perspective Buyers Who Try Buy Direct

Sell A Business Tip: Be Accessible

Buying A Small Business Tip: Pre-Qualify Yourself As A Serious Buyer

Small Business For Sale Tip: Develop A Marketing Plan

. . . see all new business for sale blog posts

Recently Added New Listings On USABizMart

Limousine Service - Ohio

Convenience Store - Massachusetts

Pharmacy Franchise - California

Speed And Performance Automotive Store - New Hampshire

Optician Practice - Massachusetts

Banquet Buffet - California

Florist - Florida

Sandwich Franchise - California

Bicycle Manufacturer - California

Copy Shop - Massachusetts

Event And Function Facility - Massachusetts

Distribution - California

Restaurant - Massachusetts

. . . see other new business for sale listings

Recently Added Featured Listings On USABizMart

Skateboard Manufacturing - California

Online Auto Dealer - California

Dry Cleaning Service - California

Car Wash & Detail - California

Marie Callendars Franchise Restaurant - California

Recent Articles On USABizMart

Ten Tips For Buying A Curves Franchise For Sale

How To Price A Business For Sale - Business Valuations Are Important

Business Gross Profit Valuation Works!

Selling A Business? Get Your Deal SBA Loan Financing Pre-Qualified Now!

How To Use RSS Feeds And Email Reports On USABizMart

Buy a Turnkey Business and Profit the Easy Way!

. . . see all business for sale articles

Recent USABizMart News

Business Brokers in Texas See Increase in Latin Americans Buying Businesses

Is Buying a Niche Fitness Center Part of your New Year?

. . . see all business for sale news

Search This Blog

RSS Feeds










Add to Technorati Favorites


Search Listings  ˇ  RSS Feeds  ˇ  Manage Your Advertising  ˇ  Site Map

Business Broker Directory  ˇ  Advertising Rates  ˇ  Place An Ad  ˇ  Webinars  ˇ  Blog  ˇ  Podcast

Disclaimer  ˇ  About Us & Support  ˇ  Privacy Policy  ˇ  Email Privacy Policy  ˇ  Advertising Policy  ˇ  Terms Of Use

USABizMart  ˇ  CopyrightŠ 2008, All Rights Reserved  ˇ  Call 800-207-7478 to Advertise On USABizMart!
Search Businesses For Sale By
State | Keyword | USABizMart Ad # | Advanced Search
Search Businesses Brokers By
State | Advanced Search
Log Into USABizMart To Manage Your Advertising