As a Partner/Co-Founder with Valhalla, my two business partners and I typically only charge broker fees of six to eight percent, paid by the seller, of the final sale price. “Why do you charge less than other brokers” is often asked and simply stated, this is who we are.
Our broker fees are typically half as much as other mergers and acquisition firms. Similar to fees charged by realtors, we believe our fees should be near or at least in alignment with residential realtors. We are not greedy, but merely charge a fee as a way to pay for our consulting, cover our costs for marketing preparation documents, travel fees, listing fees and provide an income to our families.
Who pays the business broker fees?
As a business buyer, you are usually not responsible for any part of our fee. In some cases where the buyer hires a broker to represent him or her in the buying process, he/she may be responsible for certain fees.
Attorney’s fees are also paid by the buyer if they choose to have documents reviewed. In this case, a buyer may retain a broker to help with the due diligence of the purchase process. We are up-front as to whom is responsible for our fees and commission.
Are there any hidden fees?
I will tell you that some brokers will surprise you with hidden fees and/or change their fees during the due diligence process. Not at Valhalla Business Brokers where we are driven by our work ethic, our servant hearts, and our prior dedication and devotion to serving our country for over 90 years.
We will not be compromised.
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