It’s very common for intermediaries to ask for a retainer when they are hired to to conduct an open-ended acquisition search. But it’s very unusual for an intermediary to ask for a retainer before providing information on a single business. This is a major red-flag, and we advise against doing it.
The seller is asking me to pay a fee or retainer before they provide additional information about a listing. Is this unusual? Print
Created by: Robert Brauns
Modified on: Mon, Sep 5, 2016 at 3:01 PM
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