Burt M. Polson - Commercial Real Estate Broker

Guiding you through the real estate part of your life™

Commercial Sales, Leasing, and Consulting

Private Equity Real Estate Funds

Filtering by Tag: selling

Top 10 Reasons You Should Not Sell (Your Commercial Investment)

It can be tempting to sell especially when we are told it is a seller’s market. We may feel an urgency to place our property on the market--reaching for the best possible price.

Just as there are really good reasons to sell when the market is hot there are also reasons not to sell.

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Selling your luxury estate home - Part 3

You take pride in your trophy estate and when it comes time to sell your broker should utilize these five strategies.

In part 1 I highlighted your position and desired outcome, your estate’s position in the marketplace and your broker. Part 2, discussed the added-value review, identity, marketing collateral, collaboration, presentation and social media.

I will be wrapping-up our discussion with the MLS, websites, privacy, negotiations and escrow

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Selling your luxury estate home - Part 2

Selling your multi-million-dollar home is more than putting up a sign and listing in the Multiple Listing Service (MLS) by your agent. Luxury homes are unique and have several facets to consider when presenting your estate not only as a home, but a lifestyle to enjoy.

In part one we focused on the fundamentals being our first step in the process. We covered the role of your broker, the identity of your estate and your motivations for selling.

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Retirement, taxes and warm fuzzies - part 2

In my previous article, John and Martha’s desire in their retirement was to refocus their energies from managing their large home and investment real estate. They sold their family home pocketing $1.8 million from the sale. They purchased a condo for $600,000 and invested the balance in a combination of stock and bond ETFs.

The next step in their strategy is to lessen their level of management of their real estate investment portfolio.

Their portfolio provides them stable income of $280,000 per year. This is derived from an 8,000

sq. ft. strip center bringing in $150,000 per year income and a 10 unit apartment building, $130,000 per year. They wish to keep this level of income, pay less in taxes and eliminate the hands-on approach to their investments while maintaining stability.

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