What a Business Broker Does

A business broker assists in many ways in the process of buying or selling your business. Some of these include:

Professional pricing and valuations.
Marketing and advertising.
Qualifying potential buyers.
Presenting the business.
Negotiating the sale transaction.
Arranging for financing if needed.
Handling and managing the escrow process.
Organizing massive amounts of paperwork.
Maintaining the privacy and confidentiality of your business.

rexwalters@comcast.net
Bay Area Strategic Group

BUSINESS BROKERS AIM FOR WIN-WIN

Rex's goal as a top business broker is to strive for a win-win situation between buyer and seller: The buyer pays a fair price with realistic terms that are manageable and can fully focus on future growth and expansion, often with the previous owner’s help and mentoring. The seller needs to receive fair compensation for her/his previous hard work and risk.

Of 532,000 licensed real estate agents and brokers in California, only about 400 specialize in business sales only.
Most are widely experienced, and have owned or run multiple businesses large and small.
Average age of 55 (it takes a while to gain the necessary business acumen!)
Commissions vary from 8-12% of the selling price, with 10% being the norm. Most have a minimum commission.