Business Broker Agreement

16. The seller agrees that the brokerage fees be paid by the seller at each company order, whether it was made by the broker, seller or someone else during the duration of the agreement. Most business brokers and M-A consultants earn a percentage of the company`s final sale price. The employment rate for a business broker is 10%, although some are as little as 8% and as much as 12% calculated. Again, there is no hard and fast rule; He`s the business broker. Many business owners are starting to embark on the process of selling their business thinking it will be similar to selling a piece of property. No matter where you live, the experience of selling (or buying) a home is almost identical. The commission is 6% of the selling price. There will be one agent for the buyer and one for the seller, and they will share the commission uniformly. The documents – including the listing agreement – are drawn up by the State Real Estate Commission. In accordance with the Letter from the Securities and Exchange Commission of November 8, 2006, Business Broker has a limited role in negotiating the client`s activities, as the business broker is not authorized to link the client or buyer to the transaction. The client understands and accepts that, in accordance with this agreement, the business brokers try to sell the client`s business as a current business and not as a Shell organization. In addition, it is understood and agreed that the customer meets the criteria of a “small business” in accordance with the small businesses of the U.S.

Small Business Administration. The business broker attempts to make an asset sale for the client, but when the transaction is carried out by securities, the client accepts that it is a transfer of all shares and/or securities of the company to a single buyer or to a group of incorporated buyers without the assistance of business brokers. The client understands and accepts that business brokers do not advise the client or buyer on whether they issue securities or sell the client`s activities through securities, and that business brokers do not assess the value of the securities sold (except by evaluating the entity as a current entity). The client understands and accepts that the remuneration of the business brokers is determined by this agreement before any decision as to whether or how the sale of the client`s activity is to be carried out and that the remuneration of the business brokers is calculated in advance in accordance with the provision that defines the success fee.