SIDE BY SIDE

Openfair vs BizBuySell

A BizBuySell listing covers three stages of a business sale. Openfair covers all nineteen. Six months on each side costs within $50 of the other.

BizBuySell

3 of 19 stages

Openfair

19 of 19 stages

Stages of a business sale, from valuation through closing.

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Accredited by

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BizBuySell is an advertising marketplace. It gives owners a public place to list a business, but you handle the valuation, marketing, buyer screening, negotiation, and closing yourself.

Openfair is an M&A advisory team. A six-month comparison is within $50, but the service includes a CPA valuation, confidential information memorandum, buyer qualification, negotiation, and support through closing.

THE FULL PROCESS

A business sale has more stages than the listing

The nineteen stages of a business sale, grouped into four practical phases.
What happensBizBuySellOpenfair
Prepare
Set sale goals and timing
You decide when to sell and what outcome you need.
Your advisor helps set goals, timing, and an actionable sale plan.
Know what the business is worth
You set an asking price using your own research.
An in-house CPA values the business using three methods.
Prepare the financial story
You assemble and explain your own financials.
The team reviews and normalizes the numbers buyers will examine.
Build buyer-ready materials
You create the listing with your own photos and description.
Openfair prepares a CIM and a complete marketing package.
Choose a sale strategy
You decide the timing, price, and process.
Your advisor recommends the timing, positioning, and process.
Market
Put the business in front of buyers
A public listing reaches BizBuySell's marketplace audience.
The team markets confidentially to a targeted buyer pool.
Find and qualify serious buyers
You respond to inquiries and screen buyers yourself.
Openfair qualifies buyers before sharing sensitive information.
Manage questions and interest
You answer questions and keep the process moving.
Your advisor manages buyer questions and next steps.
Track the marketing process
You follow up with interested buyers and manage the pipeline.
The team tracks outreach, interest, and next steps for you.
Create a competitive process
You coordinate offers from any interested buyers.
The team creates leverage through coordinated buyer outreach.
Negotiate
Compare offers and terms
You compare price, structure, and buyer quality.
Your advisor evaluates the full offer, not just the headline price.
Negotiate the deal
You negotiate directly or hire help separately.
An M&A advisor leads the negotiation on your behalf.
Draft and agree the LOI
You or your attorney handles the letter of intent.
Openfair guides the LOI and keeps the agreed terms clear.
Manage due diligence
You coordinate requests, documents, and deadlines.
The team organizes diligence and keeps both sides accountable.
Close
Resolve final issues
You handle last-minute questions and deal friction.
Your advisor helps resolve issues before they threaten the deal.
Coordinate the closing
You coordinate documents, escrow, and closing participants.
Openfair coordinates the closing process with the right professionals.
Transfer ownership
The marketplace does not manage the ownership transfer.
The team stays involved through signed documents and the handoff.
Plan the transition
You and the buyer arrange the transition after the listing.
The team helps coordinate a practical transition after signing.
Pay the success fee
There is no success fee because there is no representation.
A success fee is paid only when the sale is completed.

The nineteen stages of a business sale, grouped into four practical phases.

BEFORE YOU START

Not sure your business is ready for any of this?

The Seller Readiness Assessment scores your financials, operations, and owner dependence, then shows you what to fix before a buyer asks.

Take the assessment

SIDE BY SIDE

The terms, compared

Published pricing and service terms compared across a six-month period.
Term
BizBuySell logo
Openfair
What it isAdvertising marketplace, owned by CoStar GroupM&A advisory firm
Who runs the saleYou doA dedicated M&A team
Listing cost$74.95 to $199.95 per month on a 6-month term$249 to $797 per month, or $1,247 to $3,985 per 6 months
Success feeNone, and no representation8%, 6% or 4% by plan, charged only on a completed sale
Minimum commitment6 months6 months
ValuationSeller sets the asking priceCPA valuation using three methods
CIM and marketing kitBasic listing fields, photos, and seller-written descriptionConfidential information memorandum and buyer-ready marketing materials
Buyer qualificationSeller screens inquiriesOpenfair qualifies buyers before sharing confidential information
Negotiation, LOI, diligenceSeller-led, or handled by professionals hired separatelyAdvisor-led negotiation, LOI guidance, and organized diligence
Closing supportNo transaction management beyond the listingSupport from signed LOI through closing
CredentialsCoStar marketplaceIn-house CPAs, IBBA member, BBB accredited
CoveragePublic marketplace in the US and CanadaBusiness sales across the US and Canada
Deal sizeBusinesses listed by owners and intermediariesOwner-operated small and mid-sized businesses

Published pricing and service terms compared across a six-month period.

WHERE EACH ONE ACTUALLY STANDS

Choose the amount of the deal you want to run

What BizBuySell does well

  • A recognizable marketplace with a large audience of people looking for businesses.
  • A lower upfront price if you already know your asking price and want to manage the process yourself.
  • A straightforward way to publish a public listing and receive inquiries.

Where sellers run into trouble

  • The listing is only one part of the sale; the owner still runs the other stages.
  • Public exposure can mean more unqualified inquiries and less confidentiality.
  • Valuation, buyer qualification, negotiation, diligence, and closing support are outside the listing.

Pick based on how much of the deal you want to run

BizBuySell makes sense if

You want to advertise a business publicly and feel comfortable owning the work after the inquiry arrives.

  • You already have a defensible asking price.
  • You can prepare the financials and marketing materials.
  • You are ready to screen buyers and negotiate directly.

Openfair makes sense if

You want an experienced team to carry the sale from valuation through a completed transaction.

  • You want a CPA-backed valuation before setting a price.
  • You prefer confidential, qualified buyer outreach.
  • You want support with negotiation, diligence, and closing.
Iron Grill BBQ case study

CASE STUDY

The 30-Day Exit: Iron Grill BBQ's Record-Breaking Sale

Iron Grill BBQ shows what the full-service model can look like in practice: one owner went from a first conversation to a closed sale in under a month.

She helped me a lot, she advised me, gave me a lot of ideas, and she was really, really helpful. The next day we sold the business in one month. Really professional.
Orion Ali, Former Owner of Iron Grill BBQ
Read the Iron Grill story

THE SIX-MONTH COST

What $1,200 buys on each side

The headline prices are close. The difference is what the fee includes and who carries the work.

BizBuySell

Diamond

$1,199.70

6 months, paid upfront

A public listing on the marketplace. You manage the valuation, buyer conversations, negotiation, and closing.

Openfair

Owner Access

$1,247.00

6 months, paid upfront

A full-service M&A process with a CPA-backed valuation, marketing, buyer qualification, negotiation, and closing support. Success fee only on a completed sale.

The difference

$47.30

Six months of Openfair costs $47.30 more than the BizBuySell Diamond listing in this comparison.

FAQ

Questions, answered.

Is BizBuySell a broker?

No. BizBuySell is an advertising marketplace. It publishes listings and connects sellers with interested buyers; it does not represent you or run the transaction.

Does BizBuySell list the business for me?

It gives you the marketplace and listing tools. You provide the information, set the asking price, respond to inquiries, screen buyers, and manage the sale.

How much does BizBuySell cost?

The published listing plans range from $74.95 to $199.95 per month on a six-month term. The Diamond plan is $1,199.70 for six months when paid upfront.

How much does Openfair charge?

Openfair seller plans range from $249 to $797 per month, or $1,247 to $3,985 per six months, plus a success fee that is charged only when a sale closes. The success fee is 8%, 6% or 4% by plan.

Will Openfair value my business?

Yes. Openfair's in-house CPAs prepare a valuation using three methods and use the result to help position the business for buyers.

Which option will sell my business faster?

Neither service can guarantee a timeline. A public listing may generate inquiries quickly, while a prepared and qualified process can reduce wasted time. Your industry, financials, price, and buyer demand matter most.

Can Openfair help if I am outside the US?

Openfair works across the US and Canada. Ask an advisor about your location and industry to confirm the best fit.

Figures are taken from each company's published pricing and FAQ pages and were verified in August 2026.

BizBuySell listing and seller informationOpenfair pricing

BizBuySell is a trademark of its respective owner. Openfair is not affiliated with or endorsed by BizBuySell. This page is an informational comparison, not legal, tax, or financial advice.

Find out what your business is worth, then decide.

In-house CPAs · IBBA member · BBB accredited · Success fee only when it sells