Starting With A Higher Ask Price

By Hoke - Last updated: Thursday, August 5, 2010 - Save & Share - Leave a Comment

If the “start with a higher price and see what happens” approach is taken, then the Seller and Business Broker should maintain close communication. The Business Broker should be providing Buyer comment feedback to the Seller. Adjustments may need to be made on a timely basis to prevent the business listing from becoming “stale”.

This approach requires that the Business Broker has a dialog with potential Buyers in order to provide accurate and timely feedback. Since some Business Brokers require others on the team to communicate with Buyers ask to make sure that your Business Broker agrees to provide this personalized feedback.

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