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Day 2: Business Brokerage Process and Industry Insights


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Business Brokerage Glossary

Prepayment Penalty

The penalty inflicted on mortgagors when they elect to pay the balance of the loan before it is due. 

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Tip of the Day

Exclusive Listing

Although there are a number of different types of listing agreements, the Exclusive Listing Agreement is by far the best and provides the most protection for a business broker.
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