• Report: #281545

Complaint Review: Sunbelt Business Brokers Of New Orleans

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  • Submitted: Mon, October 29, 2007
  • Updated: Thu, February 02, 2012

  • Reported By:New Orleans Louisiana
Sunbelt Business Brokers Of New Orleans
3200 Ridgelake Drive, Suite 400 Metairie, Louisiana U.S.A.
  • Phone: 504-828-1515
  • Web:
  • Category: Realtors

Sunbelt Business Brokers Of New Orleans Do not work for Sunbelt New Orleans Metairie Louisiana

*Author of original report: Don't want to disparage business brokers that I've never met.

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I trained at Sunbelt New Orleans for 2 months. Worst career move I have ever made. There is virtually no market in a post-Katrina New Orleans for a training Business Broker, you're required to list 5 business on your own through cold calling before you can be assigned as an oncall broker to answer sales inquiries generated through their marketing effort. They know that this isn't fair goal, so they have no problem just messing with you and playing head games with you until you quit. The staff that trained me were the most mean-spirited, unhelpful pack of jerks that I have ever had to work with on a professional level.

They charge a 12% commission, which is double that of any other realtor business. And they get very defensive and angry when a trainee asks them questions to help justify and understand why they charge such a high rate. They expect trainees to go drive around on their own dime and walk into business and (sarcasm) spread the gospel of what a wonderful thing it is to list your business for sale with Sunbelt to a bunch of keen, skeptical small business owners. And if you don't convince any of them to sign this ripoff contract over a week. They will group together and have a 3-on-1 reprimanding sessions with you where they just scold you for not getting listings (which is as easy as converting water into wine with the situation they put you in).

I worked my a** off for them and came up with creative marketing strategies and I never received any constructive criticism; all of their instructions were given to me in an intimidating, mean-spirited, and condescending manner.

Mark Scyster is the senior broker, he's the fat, souless jerk with the collapsed nostril. Everist Charles is the skinny jerk whose missing back teeth show when he fakes a smile. Herb Lonegrass is a the owner; he's a fat, racist jerk that does nothing but watch TV and occasionally mosey on into the Broker's work room and scold everybody because business ain't what it use to be before Katrina. He's never even sold a business on his own!! I'm not kidding, he owns a brokerage and has never sold a business!! Everest Charles had told me about that several times. He just sits on his fat a** and collects the dough. I guess even a blind squirrel can find a nut every once in a while, because I don't know how the hell he came to own a business brokerage. Peter Phillips was OK to me, but I didn't really know him that well, and people generally can't be much nicer than the company they keep.

And socially, if you're not a racist, you have no place in their social circle. All they would do (when they should've been trying to locate buyers for their business listings) is rant about how awful liberals and black people are. I was offended and completely out of place in their conversations.

Andrew
New Orleans, Louisiana
U.S.A.

This report was posted on Ripoff Report on 10/29/2007 08:41 AM and is a permanent record located here: http://www.ripoffreport.com/r/Sunbelt-Business-Brokers-Of-New-Orleans/Metairie-Louisiana-70002/Sunbelt-Business-Brokers-Of-New-Orleans-Do-not-work-for-Sunbelt-New-Orleans-Metairie-Louis-281545. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Author of original report

Don't want to disparage business brokers that I've never met.

AUTHOR: Andrew - (U.S.A.)

OK, if Sunbelt Business Brokers of Metairie is  under new management, I'd like to delete the post I entered in 2007. 
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