In a business brokerage, what additional asset type beyond real property is typically included?

In a business brokerage, goodwill is often included as an additional asset type beyond real property. Goodwill represents the intangible value of a business, including its reputation, customer relationships, and brand recognition. This intangible asset is significant because it can contribute to a business's overall worth, particularly when a company has built a loyal customer base or has valuable brand equity over time.

In business transactions, this is important for buyers to understand as they are acquiring not just physical assets but also the potential future earnings and advantages stemming from the business's established goodwill. When evaluating a business, it's crucial to assess all aspects that contribute to its value, and goodwill is a key consideration in that assessment.

The other options, such as only buildings or raw land, refer specifically to physical real estate rather than the broader spectrum of assets that encompass a business's total value. Loan security serves a different purpose, relating to financing but not directly contributing to the asset profile of the business itself in the way goodwill does.