An intermediary needs a defined assignment, not an assumption that every acquisition task is included. This archive focuses on the buyer’s brief: target, purpose, scope, authority, budget, compensation, confidentiality, reporting, and completion. It also distinguishes negotiation from legal review, technical checks, and payment coordination that may require other people.
Make approval limits and representation explicit before outreach. Keep confidential budget boundaries separate from public offers and require truthful communication. Reporting should distinguish verified responses from interpretation or unanswered contact attempts. Establish what happens when the engagement ends and preserve workable alternatives to the preferred name. A broker cannot promise that an owner will sell, but a clear mandate makes progress and responsibilities easier to evaluate.
Who does the intermediary represent?What can they approve or commit?Which tasks belong to other specialists?