Report: #1088384

Complaint Review: SelBiz

  • Submitted: Mon, September 30, 2013
  • Updated: Mon, October 14, 2013
  • Reported By: jnguyen — Austin Texas
  • SelBiz
    223 W. Anderson Lane * Building B - Suite 507 *
    Austin, Texas

SelBiz Company fraudulently lie and said they do lots of advertise and marketing to sell out business but did not... Austin Texas

*UPDATE Employee ..inside information: Is SelBiz a rip-off or too good to be true?

*REBUTTAL Individual responds: Complaining is easy

Show customers why they should trust your business over your competitors...

Beware!!!! DO NOT use these brokers. Especially Moti. They will lie about everything to get your business. Once they get your business they wouldn't want to deal with you anymore. They will tell you they're like VR Business Broker or better and advertise more than VR Business Broker which is a lie. They don't advertise anywhere except for 1 or 2 other place and nothing like when they promise you before you sign. After you find out they lie and cancelled with them they will try to charge you $6500 for early cancellation fee. These people are crooks not brokers. Again be careful and Don't use these people or else you'll have the headache I'm having. Thanks~!

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This report was posted on Ripoff Report on 09/30/2013 01:44 PM and is a permanent record located here: 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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Updates & Rebuttals


#1 UPDATE Employee ..inside information

Is SelBiz a rip-off or too good to be true?

AUTHOR: mk - ()

We really cannot defend ourselves via this kind of websites, where anyone can write anything, owing to the fact that there are no checks and balances or due diligent mechanism, and everything written is published automatically. Reality Check: Two of the complainers had used SelBiz to sell their business before, and the complaints came up the 2nd time they used our services.

Another complainer was referred to us by their attorney; who previously was involved in another transaction with our company. You may wonder why the complainers did not sue us, as their accusations are tremendous. Well in court you actually have to prove your case and the complainers cannot. Bottom-line our only fault is that we insist to get paid for services rendered.

Keep all that in mind if you read the complaints, and remember, “SelBiz has been selling businesses for 31 years, and that speaks for itself and proves we do it right!”

…and lastly, that is very interesting; the Rip Off Report Company has the lowest rating of the BBB rating system…need we say more?

Moti Kaz

SelBiz Corporation

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#2 REBUTTAL Individual responds

Complaining is easy

AUTHOR: mk - ()

They started complaining 7 days after listing the business; that we don’t advertise. That was before they provided us with all the info needed to sell the business. They kept complaining regularly as none of the potential buyers we got was interested to make an offer on the business.



SelBiz Corporation

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