My father lives in Nebraska and is trying to sell his restaurant/lounge it also has an attached beer garden built on. He has had it on the market for 4 months and not a nibble. I don't think his realtor has my father's best interest in mind. He has a bad heart and really needs to get out from under it. Any advice on how he could get rid of this commercial property quickly, is greatly appreciated.
2006-12-09 09:01:37 · 4 answers · asked by Razor R 2 in Business & Finance ➔ Renting & Real Estate
price it at five to ten percent below the ...going rate..and give one or two points higher than the gonig commission rate..that way yours will be shown first.
2006-12-09 09:12:00 · answer #1 · answered by koalatcomics 7 · 0⤊ 0⤋
Yes, I’ve most effective been utilizing it approximately 6 weeks, however I’ve already closed two offers. If I informed you what quantity of money I made, you most commonly wouldn’t think me. I was once unemployed while I began, and allow’s simply say I’m nonetheless unemployed and plan to stick that means perpetually lol! I paid $three,000 for the procedure regardless that, so I was once a bit of disillusioned to peer it’s being furnished on sale for $199, however I’ve made often that quantity, so I can’t whinge an excessive amount of. Feel unfastened to electronic mail me any questions.
2016-09-03 09:26:46 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Consider offering owner financing for part of the purchase price (maybe 20%), then encumber the property with a second mortgage. Commercial mortgages have low loan-to-value ratios, so if you make the financing more attainable you'll open the property up to more potential buyers. Good luck!
2006-12-09 13:08:28 · answer #3 · answered by Hank 5000 1 · 0⤊ 0⤋
Give me a link to the listing and I'll take a look to tell you what I see or don't see.. :) Happy to help. Suz
2006-12-09 09:09:59 · answer #4 · answered by Anonymous · 0⤊ 0⤋