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Many of us searchers, without realizing it, are a broker's absolute worst nightmare customers ... picky, needy, uninformed, under-capitalized, under-resourced, and inexperienced. In the eyes of the broker, we bring little value beyond a very remote chance of a successful transaction. Brokers quickly catch on and treat searchers accordingly. In response, many searchers have assessed the broker channel as ineffective or incompetent. Some experienced searchers determine that the broker channel ought to be avoided altogether, and spread the useful, time-saving advice to beginner searchers: Don't waste your time with brokers. The deals off-market are better, so focus there.
This is awful advice.
To understand a bit about why, it's worth delving into the world of the business broker.
Read the Searchfunder post here.
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