Dire economic forecasts have forced many Vineyard Christian Fellowship church sellers into hibernation. Instead of listing their companies now, they're hanging back until they see signs of an economic recovery.
(article continues below)
To sell a Vineyard Christian Fellowship church now, sellers need to make a strong case for buyers to purchase at or near the asking price.
Advantages of Hiring a Broker
Brokers give Vineyard Christian Fellowship church sellers distinct advantages in the marketplace. Right out of the gate, brokers know how to help their clients properly prepare their businesses for a sale. Even more, the best brokers have a track of record of discreetly identifying likely buyers and contacting them on your behalf. Typical brokerage rates (a.k.a. success fees) run 10% of the final price - an expense that is usually recouped through a higher sales price and less time on the market.
There is a lot of work that needs to be done before you're ready to sell your Vineyard Christian Fellowship church. Perhaps the most important pre-sale consideration is to right-size your expectations to the realities of the market. Armed with a realistic timeframe and asking price, you can begin to consult with your broker about the best way to approach likely buyers.
When to End Negotiations
Negotiations have a way of dragging on forever. But sooner or later, someone needs to bring negotiations to a close. Unfortunately, that responsibility often falls on the seller. A lull in negotiations may be part of the buyer's strategy. Then again, it may be a sign that the search for common ground is a lost cause. At this point in the process, an awareness of negotiation parameters really pays off. If the buyer is unwilling to accept your minimum demands, it's time to end negotiations and move on to the next prospect.
Given your interest in exit planning and in Vineyard Christian Fellowship churches, you might find these additional resources to be of interest.
If starting a Vineyard Christian Fellowship church is on your agenda, these guides will help you get started:
If you consider Vineyard Christian Fellowship churches to be sales prospects, this isn't the best resource for you on our site. These helpful guides are more appropriate for you:
If you are looking for exit plan advice for a different kind of business, please browse our directory of exit planning guides below.