AFTCO

Ask the Dental Practice Transition Experts

Recent Posts

Filter Posts



Should I sign an offer to purchase that contains an "Exclusive Negotiating Period"?

You should never sign an offer to purchase that contains a clause with an "exclusive negotiating period" for 30 or 60 days following the date it was signed. Only an unscrupulous broker would ever present such an offer to purchase containing such a clause because it ties up the practice by preventing the seller from considering other offers while the purchaser decides whether or not he wants to go through with the purchase. It ties up the seller and the purchaser can walk away from it anytime he/she wants. This clause means you agree not to negotiate with any other candidate for 30 or 60 days, and accepting an offer from another dentist during that period would be a breach of contract and you could get sued by that unscrupulous broker. This is totally unfair and you should stay away from any broker who is trying to convince you to sign such a clause.
See Less

Don't see the answer to your question?

Ask us your question!

Client Testimonials

"My AFTCO Analyst was very professional and excellent at explaining everything. The contracts were well written which caused much less involvement to be required from the dentists' attorneys. The transaction went smoothly because of my AFTCO Analyst."

Peter K. Pang, D.D.S.
Asheville, NC

"I found my AFTCO Analyst to be a wealth of information that made the transition seamless."

Anthony R. Bielkie, D.D.S.
Shelby Township, MI

"I found working with my AFTCO Analyst to be a true joy. He is knowledgeable, courteous, and he definitely goes the extra mile in helping make the process go as smoothly as possible. I have thoroughly enjoyed working with him and will highly recommend him to anyone I come across who is looking for practice transition assistance."

Kenneth B. Rundle, D.D.S.
Highland, IN

"My AFTCO Analyst was awesome to work with. I would use her again if I had another practice to sell."

Richard B. Gabriel, D.D.S.
Eugene, OR