Real Estate Services - Real Estate and Business Sales
Selling real estate or a business is an art, not a science. It is often counter-intuitive. For example, sometimes when an asset doesn't sell, the best course of action is to raise, not lower, the price. It doesn't work every time, but it has worked in certain circumstances.
How should we price what we are selling? Should we just do an auction and let the market price? How do I know that we are not pricing too low? Is there even a market? Should we engage an investment bank? Brokers? On an exclusive basis or non-exclusive? What is a fair fee or commission to pay? Should we advertise? What types of real estate services are available to support the sale? Can't we just call a few parties that might be interested and sell quietly? What about the impact on our employees? Vendors? Lenders? Customers? Can the sale be kept quiet? The key to a successful sale or divestiture is to know what to do and when. The only way to know the answers to these questions and others is experience. Our professionals have this experience as they have been directly involved in numerous and varied types of sales of businesses, both company and asset sales, and selling real estate. The Wheatfield Group can direct and manage your entire sale effort or can assist with any part of the process. Call us and tell us what you are trying to accomplish and we will give you some insights over the phone. From there you can decide whether you need The Wheatfield Group to be more involved.
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Chicago, Illinois
Las Vegas, Nevada
Richmond, Virginia
Hartford, Connecticut