A transactional advisor or seller’s agent works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the seller.
The seller’s representation program is for clients who are selling their business to a buyer within their business and who needs assistance during the sale process. The broker will act as a transaction broker in the sale.
Working with a business broker to represent you in a small business sale transaction is a great way to ensure negotiations, financing, and closing timelines are all well managed. Our Denver business brokers also have a great network of quality financial, wealth, tax, and law professionals with the right kind of deal experience to bring to the deal table when complementary experts are needed.
Your business broker will make sure all the following are properly managed for the sale of your business:
- Deal Structure and Offer Negotiation
- Contract and Lease Transfer to New Ownership
- Closing and Due Diligence Timeline
- Transition Planning and Roll Out
It is typical in a business or real estate sale for a sell side broker to earn a commission paid at deal close. The commission fee is based on a percentage of the sale and may include a retainer that will be credited toward closing. It is best to speak with a business broker directly to learn the pricing for your specific business transaction. By scheduling a consultation you can learn more about the internal sale process and if we’re a fit to work together.