Hamilton Based John Griffin Realty offers expert advice on how to sell your motel, for the right price.
Wednesday 29 July 2015, 2:24PM
By Media PA
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Using an accredited business broker like Hamilton-based John Griffin Realty Ltd is the best way to sell your motel.
“In business selling is not about making sure you get a person to take a product and give you some money. Selling is about solving someone’s problems so they become a lifetime customer and there is a mutual benefit from the transaction,” says Kathie Shepard, a motel broker from John Griffin Realty Ltd.
It pays to declutter your own personal space when showing a motel to potential purchasers.
“Do you have half the office spread around your lounge? Do you have so much stuff in your house that you need a map to navigate through it? Make your living space look like a home that a potential purchaser would like to live in,” says Kathie.
“Remember that most people looking to purchase a motel are first time buyers. They are usually coming from their own home and need to feel a sense of attachment to the motel that they will purchase,” advises Kathie.
Having an up to date set of accounts which have been prepared for sale purposes, makes preparing to sell your motel much easier. “This means your accountant has taken out any personal expenses. If you can’t readily get sale accounts then make a list of all personal expenses in the accounts,” adds Kathie Shepard from John Griffin Realty Ltd.
“You know the hole in the wall that you were going to fix but haven’t got around to, or the painting in unit 6 which keeps getting put off for other things, or the cupboard handle in unit 4 you just haven’t got to yet. Well fix all those little things,” says Kathie.
A potential purchaser will wonder what else is wrong if they can see a lot of things that need fixing.
Hamilton-based John Griffin Realty Ltd will help you to fully understand the current market trends and accomplish the greatest possible price for your motel.
Contact John Griffin Realty LTD:
Head Office:
Phone: 07 856 4331
John Mobile: 0274754178
Kathie Mobile: 021979249
Email: info@motel-broker.co.nz
Website: http://www.johngriffin.co.nz/
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