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Day 25: Closing


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Business Brokerage Glossary

Exclusive Right To Sell Listing

A listing with a termination date in which the principal (owner of the property) authorizes the broker in writing to represent him or her and agrees to pay a commission of the property/business is sold during the term of the listing, regardless of who makes the sale.

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Tip of the Day

Marketing Efforts

Communicate with the seller about all of your marketing efforts and the results. Otherwise, the seller may not be aware of all of your hard work and expense on his behalf.

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