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75 Units
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MOTEL WITH LIVING QUARTERS FOR SALE ACROSS FROM MEDICAL CENTER
75 unit DAYS INN with 3 bedroom/3bath living quarters, meeting space and outdoor swimming pool, located across from a top 100, 60 acre, acute care medical center. Offered at $1,600,000 (DV938) Denny Van Den Berg
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71 Units
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BRAND NEW HAMPTON INN FOR SALE -- SOUTHERN REGION
Property open less than one year. Current lender will carry new note. Offered at $6,800,000 (RS987) Ray Sullivent
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19 Units
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STARTER MOTEL FOR SALE PRICED UNDER $250,000
19 unit, exterior corridor motel with 2 bedroom living quarters. Priced under 2.5x gross at $225,000. (JH977) John Hillenburg
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89 Units
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HAMPTON INN & SUITES PROJECT in AFFLUENT MILWAUKEE SUBURB-Owner will sell or joint venture. Project is ready to build. When complete it will be 5 stories consisting of 89 Units: 50 Standard (including 6 King SPAS), 34 Studio/Suites, 5 Accessible; Indoor Pool with Hot Tub; Meeting Space—900 sq. ft,; Expanded Exercise Room; 24-Hour Small Market (beverages, snacks, personal items) SITE:2+ acre lot owned by current developer: Triangular shaped lot bordered by 3 major arteries including the city’s main street. Adjacent Businesses: C-store and a multi-use carwash/oil change/office building. Excellent opportunity in a prime market.
JD Smith
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HOME : Articles
Standard Brokerage Fees For Exceptional Service
A topic today is whether discount brokerage fees are the wave of the future. Most hospitality owners believe that the most important consideration in choosing a broker is the standard of service received.
Colin Noble is the owner and president of Noble Hospitality, with over 25 years' experience in the hotel industry, and a member of the AHCI Franchise Council. Noble said about brokerage fees, "I would rather pay the standard fee for excellent service than risk lesser service."
Ron Marcou sold a group of 30 hotels very quickly. He successfully moved the properties so quickly by signing with a quality brokerage company. His concern was not a lesser brokerage fee, but quality, service, excellent reputation, extensive advertising, intensive effort and co-brokerage opportunities.
Frank Smith, CEO of Southeast International Hotel Brokers, says, "If you were going for heart surgery, you wouldn't choose the cheapest surgeon, so why would you choose a broker based on a lesser fee?"
Bottom line--paying a quality brokerage company a standard fee will insure the time and care that is warranted for each property.
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