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How is selling a business different from selling a house?

Selling a business is infinitely more complex than selling a house and takes significantly longer. Real estate is primarily tangible, whereas a business consists of intangible assets. Selling a business also has a much lower success rate, with many transactions failing during due diligence.

You may be able to sell your house in as little as one to six months. Selling a business, by contrast, takes six to 12 months or longer, on average. Financing is also more difficult to obtain for the acquisition of a business. All of these factors combine to make selling a business much more complex and time-consuming than selling a home.

Click here to read our Knowledge Base Article “How Long Does it Take to Sell a Business? Study of 10k Deals”