Question: You ( the learner ) manage the sales process. Mr Smith is a contractor of construction. Recently 3 5 employees are working for him. Mr
You the learner manage the sales process.
Mr Smith is a contractor of construction. Recently employees are working for him. Mr Smith owns road rollers, overhead cranes, excavators and concrete plants. Mr Smith wants to sell his business. As a seller agent, you have been given a job to identify and resolve issues that may impact the successful conclusion of the sale by maintaining communication with the vendor throughout the sale process. Negotiate price, terms and conditions of sale of the business. Negotiate conflict or deadlocks and confirm terms with parties to the sale. Prepare and provide all the necessary sales documentation, including the disclosure document. Engage the legal advisor to ensure all times of the agreement are favourable. Monitor progress of contract and adherence to conditions of sale according to agency requirements. Evaluate vendor and buyer satisfaction to establish future business opportunities.
Use the Business Broking Template to record details of the process.
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