Do Listing Agreements create a Conflict of Interest?
Do you feel that the nature of the listing agreement, whereby a commission is paid only if there is a sale, creates a possible conflict of interest? Is there a better way to structure the listing agreement to achieve the objective of the highest price and best terms? Yes, No, or Maybe. I'm looking for feedback from Business Brokers/Intermediaries, Investors, Searchers / Bankers / Tax Advisors, Business Attorneys, and anyone who has experienced the M&A process up close. Kindest regards and Happy New Year!