Broker Referrals

Hello, my name is Wiley Price. I have been a Colorado licensed real estate broker for 32 years and a Colorado licensed attorney for 20 years.  My past real estate experience includes having served as the past vice president and president of Metro Brokers, Inc. After beginning my career in real estate, in 1990, I decided to attend law school and have practiced in the legal field since.  However, I have never lost my real passion for real estate.  As both a broker and Colorado licensed attorney, I have brokered and handled business opportunity sales over the years.

Example #1

Typical business opportunity
$500,000 sales price
$50,000 sales commission
*This equals a $10,000 referral fee to your company

I am writing to introduce myself to your company and to tell you that I am refocusing on business opportunity sales. This includes sales of businesses such as – but certainly not limited to – liquor stores, dry cleaners, restaurants, etc.  Most residential brokers do not handle these transactions.

I am happy to work with you on a 20% referral fee basis.  Just place me in contact with your client and I will do the rest.  The end result is a 20% referral fee to your company.

The bulk of small businesses sell from $250,000 to $500,000.  The majority of these sales are in house without a cooperating broker.  The referral fee is based upon the total gross commission. Example #1 shows a referral of a $500,000 business sale. If this deal closed in house, it would result in a gross commission of $50,000. This would result in a referral fee to your company of $10,000.

Why not take an opportunity that you might usually forego and turn it into a commission? Send the business sales opportunity to me and let me send you a check. I have found most brokers do not have a steady business opportunity broker to refer clients to and I would like the opportunity to be on the top of your list.

To those of you who do remember me, I would love to hear from you.  Please give me a call or email, or visit my web site at PriceCoBusiness.com. For those of you I have yet to meet, I would greatly appreciate the opportunity to work with you in the future.

Example #2

Typical business opportunity
$250,000 sales price
$25,000 sales commission
*This equals a $5,000 referral fee to your company