Questions sellers ask us.

You never hand anything over on a promise. We deposit the full price with Escrow.com, a licensed escrow service, and you can see the funds are secured in your own Escrow.com account before you sign the company over. Escrow.com, not us, releases the money to you at closing. We also don’t ask for your FMCSA portal or Login.gov access until that closing step.

The purchase price is deposited with a licensed escrow service before you sign anything over. It is released to you when the transfer documents are signed.

No. There is no commission, no listing fee and no minimum fee. The price in your written offer is the price you are paid at closing.

No. Requesting an estimate or a firm offer costs nothing and commits you to nothing. You only commit when you sign the purchase agreement.

No. We use your details to price and process your offer, and we don’t sell them. See our privacy policy for the details.

The instant number is an estimate. We check your SAFER, L&I, insurance and lien records and send a firm written offer within one business day. If your records match what you told us, the firm offer lands in the same range.

A listing price is what a broker hopes a buyer will pay someday, before their commission (often 10%, with a minimum in the thousands) and before months of insurance premiums while it sits. Our price is fixed in writing, paid in about a week, with no fees. A listing can sometimes bring more; we’re the option when speed and certainty matter.

Not after we both sign the purchase agreement. The price is fixed in it. The only way the deal changes is if the due diligence review turns up something that wasn’t disclosed, in which case we would cancel or talk it through with you rather than quietly cut the price.

Authorities under 1 year old, companies with no insurance on file, and sole-proprietor USDOT numbers (those cannot be transferred). Companies with a Conditional rating, several recent crashes, open liens or unpaid taxes need a manual review.

We buy the company that holds the authority, usually by purchasing the membership interest of your LLC or the shares of your corporation. FMCSA does not allow MC or USDOT numbers to be sold on their own, so the number always stays with the company and we update the FMCSA records after closing.

Most sales close in 7 to 10 days after you accept the firm offer. The main steps are signing the purchase agreement, funding escrow and signing the company over.

Once both sides agree to the escrow transaction and the money is secured at Escrow.com, we have 5 calendar days to review the company’s records, liens, claims, insurance and FMCSA history. If something doesn’t match what was disclosed, we can cancel and the money goes back from escrow. After those 5 days, we move to closing.

Your formation documents (articles and operating agreement or bylaws), proof of ownership, EIN letter, insurance policy and loss runs, recent tax filings, and a list of any loans, UCC filings or factoring agreements. If something is missing, tell us. Many items can be pulled from public records or replaced.

Only in some cases. In community-property states, or if your spouse may have a marital interest in the company, they sign a short consent page. We’ll tell you if it applies.

Not out of pocket. Factoring agreements, UCC filings and company loans have to be released at closing, but the payoff can come out of the purchase price: Escrow.com pays the creditor directly and you receive the balance. Tell us about them up front so we can request payoff letters early.

It stays yours. Receivables for loads delivered before closing, the company’s cash and bank accounts, and your trucks and trailers are excluded from the sale unless we agree otherwise in writing. You close or move the company bank account, fuel cards and factoring account before closing.

That’s fine. Trucks, trailers and equipment stay with you by default, or tell us if you’d like to sell them too. Finish any loads in progress before closing; after closing, the company operates under our insurance and you should not dispatch under the authority.

Trucks are not part of the standard offer, but tell us if you want to sell them too. Before closing we review liens, claims and tax filings, and the purchase agreement spells out who is responsible for anything from before the sale.

Yes, as long as the authority is still active. Keep your insurance in force (or get it reinstated) until closing. Once FMCSA suspends the authority we cannot buy it until it is reinstated, so tell us the suspension date on your notice and we will prioritize your file.

Keep your policy in force until closing. Our insurer files our own liability coverage with FMCSA, and once our filing shows active, you can cancel your policy. The authority is never left without insurance on file.

Not while it’s inactive. If it can be reinstated (usually by getting insurance back on file and paying the reinstatement fee), we can make an offer once it shows active again. Send us your USDOT number and we’ll tell you whether it’s worth doing.

The purchase agreement splits it by date: you remain responsible for liabilities from before closing (accidents, claims, taxes, fines, unpaid bills), and we are responsible for everything from the company’s operations after closing. That’s why we ask for full disclosure up front. It protects both sides.

You resign from your positions with the company, and within 30 days we update the MCS-150, the BOC-3 if needed, state officer and registered-agent filings, and the IRS responsible party. For 90 days you agree to sign any routine document needed to finish those updates, at no cost to you.