Who pays the brokers commission?
The seller typically pays the brokers commission unless you choose to retain the broker to represent you. back to top ^ Do I need a lawyer? Answer: You are making a large investment with many unknowns; therefore, you probably should hire a lawyer and an accountant familiar with business transactions. A good broker can recommend support services to you. back to top ^ Can I use more than one broker? Answer: Your interests are best served if you deal with one broker, provided he/she subscribes to multi-list services. If you use multiple brokers, none will give you the attention you may need. You probably are not under contact to any broker, so you can use any or all you want. back to top ^ How many businesses should I look at? Answer: Every business is unique, so you must evaluate each on its own merits. Unlike houses where you look at a large number before buying, businesses are not conducive to “comparison shopping”. Few good businesses are available, and those that are will likely sell
