Your Orlando Florida Business Broker

  Co Brokering…the argument against and the response May 16, 2023  by  Michael Shea PA   (Edit)   Cobrokering in business brokerage refers to the practice of multiple brokers or intermediaries working together to facilitate a business sale. While cobrokering can have certain advantages, there are also arguments against this practice. Here are some common arguments against cobrokering in business brokerage: Lack of Control: When multiple brokers are involved in cobrokering a deal, it can lead to a lack of control and coordination. Each broker may have their own methods, communication styles, and priorities, which can result in confusion and inconsistencies throughout the process. This lack of control may hinder the efficiency and effectiveness of the transaction.   It is certainly true that there can be control issues at play in cobrokering situations. The scarlet letter of C for Control has its genesis in a world of business brokerage that largely existed 30 some odd years ago. Technol