REQUIREMENT TO ENGAGE BUYER AGENT TO LOOK AT A LISTING?

Has anyone dealt with a business broker that required you to engage their services as a buyer's advocate simply to look at listing information? Gottesman Company had a business listed and my assumption is that this would make them the selling agent, but before they would send me any financial information on the business, I had to become a registered buyer of theirs, and as an example, were we to purchase the business for $10million, we would owe Gottesman Company $320,000 in fees.

I've heard of similar things but have never come across it. Seems really weird and completely counterproductive to selling their listing.



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