et’s say you find yourself in the fortunate position to have a wonderful asset that you’ve operated for a number of years — whether it’s real estate or an operating business — and you’re ready to sell it. And now, you’re faced with the decision of how to actually sell it. Do you hire a banker or a broker? And if so, how do you go about finding a good one?
Today we’re answering both of these questions and filling you in on all of the juicy details of hiring a broker!
Key Takeaways:
[:11] About today’s episode.
[:48] Should you hire a banker or a broker? And what is the difference between the two?
[6:02] Why don’t people hire a banker or a broker?
[8:49] How much does a decent banker or broker cost?
[11:51] How to find and identify a good broker!
Mentioned in this Episode:
Broker
Lehman formula
For More on The Alternative Investor, Check Out:
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Overpay the Right Way! - EP.26
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The Pros and Cons of Different Types of Real Estate - EP.24
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What it Takes To Be an Alternative Investor - EP.22
What Exactly is Adjusted EBITDA? - EP.21
Brent Beshore - Contrarian Private Equity Investing - EP.20
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How Do You Pick an Investment Theme? - EP.17
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What Price to Pay For An Investment? - EP.15
What is an Accredited Investor? - EP. 14
What is Preferred Equity? - EP. 13
How The Blockchain Will Revolutionize Investing - Ep. 12
Broker Deals VS. Off-Market Deals - EP. 11
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