Buy a business or selling a business. Search 53,621 businesses for sale. You can also buy a franchise opportunity or find a business broker.

 

What's Up?

Henry Kriebel
Posts: 1
21/07/2009 03:03:42
I have tried to contact two sellers several times and have gotten no response. Is this unusual or what I should expect?

2 Replies
Jo Dalton
Posts: 78
10/08/2009 12:15:58
Hi there,

There are a couple of reasons why sellers don't, or take ages to reply. Mostly it is because it takes time to get to your inquiry and send the appropriate information through to you. This can also be hindered further if the broker or seller is out of the office or on holiday.

Some business brokers send their information through the post, some may try and call you and some may email you, so keep your eye on voicemail messages and your junk mail folder. Most brokers are excellent at replying and we recommend you continue to request the information you want and don't get put off it you don't hear from one.

You may also find that some brokers require you to sign a confidentiality agreement or NDA prior to any further information being sent out. Please remember this is sometimes a critical requirement and it is often needed to protect the seller and the business being sold. If you put yourself in the seller’s shoes, you might not want to send out all your financial records etc. to people you don't know (particularly your competitors) or you may only want the broker to release confidential information once you have spoken or met the potential buyer.

Also, we want to encourage you to include as much information about yourself and why you are requesting the details of that business when you inquire. This is so that you distinguish yourself from others who may not be as serious about the business as you are. Brokers should, and often do, send information to every request but the more information you provide such as 'I have looked into finance and this business would be a viable option for me' or 'I am in a position now that if I find the business I can move immediately', would place your enquiry as a higher priority.

It can take up to one week before you hear from the seller in this way. If you have still heard nothing after one working week and would like Customer Services to chase the seller up for you, you need to be a Premium Member. (Customer Services assistance is only available to Premium Members.) You can find instructions in Your Account area to upgrade to Premium Membership.

When you contact us as a Premium Member, Customer Services will investigate why the seller has not got back to you. We will try contact the seller for you or send you their direct contact details if they are available.

I hope this helps.

JO
Brent Thomas
Posts: 6
11/11/2009 20:03:06
Dear Mr. Kriebel,
I am not sure what type of business you are interested in, but if it is in the leisure industry please see my ad for La Villa Rosa LLC. A small hotel/restaurant in Baja Sur Mex.
Sincerely, Brent Thomas

Don't Dream It. Do It.

Browse articles, guides and case studies on how to buy a business and more.

View articles >>

The material contained in this Forum is provided on an "as is" basis and without warranty of any kind. Dynamis plc. shall not be liable for any damages of any kind from the use or mis-use of this Forum. The views expressed in this Forum are the views of the posting users and not of Dynamis plc.

For further details relating to Forum use, please see our Terms & Conditions

Change country Close

If you haven't been brought to the right country version of our site please select the correct one below: