Etiquette on Pursuing Two Deals with Same Broker, in Parallel?
I'm close to submitting an LOI for a deal, and a similar business in the same space, represented by the same broker, recently came on market. This is not a proprietary deal and the broker did not bring it to me. Since nothing is ever final until the ink dries, and there's no guarantee I will advance post-LOI, I want to pursue the second opportunity as well. I don't want that to signal to the broker however that I'm not serious about the first one - because I am. Have you encountered this and how did you approach it?