---
title: "What Is Practice broker? Dental Practice Glossary"
description: "An intermediary who lists a practice for sale, markets it to buyers and helps manage the steps of a sale for a commission."
url: https://joncopeland.multisites.ai/glossary/practice-broker
publisher: Copeland Consulting Services
email: drcopeland@joncopelanddds.com
contact: https://joncopeland.multisites.ai/contact
---

Ownership and transitions

# Practice broker

An intermediary who lists a practice for sale, markets it to buyers and helps manage the steps of a sale for a commission.

A practice broker helps match sellers and buyers of dental practices. Cornell's legal reference defines a broker as a person or entity that arranges contracts and acts as an intermediary between a buyer and seller for a commission.

The ADA's sale checklist includes interviewing and retaining a broker experienced in selling dental practices, and it asks sellers to decide whether they or an attorney or broker will represent them in the sale. A broker often works alongside a [practice appraisal](https://joncopeland.multisites.ai/glossary/practice-appraisal) and the steps of a [practice transition](https://joncopeland.multisites.ai/glossary/practice-transition).

Fee terms and duties differ by contract and state. Sellers and buyers should have an attorney review any broker agreement. This entry is a general definition, not advice.

[Next stepPractice consulting with Dr. Copeland](https://joncopeland.multisites.ai/contact?topic=consulting)

## Related terms

-   [Practice transition](https://joncopeland.multisites.ai/glossary/practice-transition)
-   [Practice appraisal](https://joncopeland.multisites.ai/glossary/practice-appraisal)
-   [Practice acquisition](https://joncopeland.multisites.ai/glossary/practice-acquisition)
-   [Letter of intent](https://joncopeland.multisites.ai/glossary/letter-of-intent)

## Sources

1.  [Cornell Legal Information Institute, broker](https://www.law.cornell.edu/wex/broker)
2.  [ADA, What to Do When Selling a Practice](https://www.ada.org/resources/practice/practice-management/what-to-do-when-selling-a-practice)

## Talk with Dr. Copeland

[Contact Dr. Copeland](https://joncopeland.multisites.ai/contact)[Email](mailto:drcopeland@joncopelanddds.com)
