• Report: #714750
Complaint Review:

Vested Business Brokers

  • Submitted: Wed, April 06, 2011
  • Updated: Wed, April 06, 2011

  • Reported By: Eli — Great Neck New York USA
Vested Business Brokers
50 Karl Avenue Internet United States of America

Vested Business Brokers ,vestedbb.com Vested Business Brokers has an Arbitration agreement that NEVER expires! Internet

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Vested Business Brokers (www.vestedbb.com ) is a questionable company that has an Arbitration agreement that NEVER expires!

Even though my contract had expired & I was not introduced to the business I purchased, they came after me!

Here is my story.

I signed a contract with this company on 6/8/2005 as a buyer to see ONLY one listing & never used their site ever again! (The contract expires in 2 years).

Now fast forward to January of 2008. I had found a business on my own I and was doing due diligence on it. While doing so, I wanted to see what other comparable business were out there and what they were going for?

I came across the www.vestedbb.com again. I was told that I had to sign a contract again since I had no contract with them anymore. I refused to sign another contract with them!

later that day, I got a call from the company and the broker told me what is that you are looking for?

I told about the business I was about to purchase. He said I have other businesses in this area as well, just e-mail me saying you want the address for this listing # and I will send it to you.

Guess what people. The broker sent me the address of the business I was purchasing on my own! I e-mailed him back stating this is the business I discussed with him.

To make a long story short this company made my life a living hell for two years for no reason!

At the end I had no choice but to settle with them since it was cheaper for me to do so.

As buyer this company cost over $7000.00. (Buyers are not the one who should be paying the commission

This report was posted on Ripoff Report on 04/06/2011 04:38 PM and is a permanent record located here: http://www.ripoffreport.com/reports/vested-business-brokers/internet/vested-business-brokers-vestedbbcom-vested-business-brokers-has-an-arbitration-agreement-714750. 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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