Costly Mistakes That Will Kill Your Multifamily Deal
Key Takeaways: Selling a multifamily property is a high-stakes financial maneuver where preparation dictates profitability, yet many owners inadvertently sabotage their own deals from day one. Instead of treating the sale with the strategic precision it requires, sellers often stumble through the process, skipping crucial pre-listing inspections, failing to organize historical financial data, or letting…
How Much Is My Land Worth?
This is a very simple question that I wish was a simple rule of ‘x dollars per acre’, but there are so many different factors to consider in determining land value. Let’s take the following example in the community that one of our agents currently lives in, of Dover, New Hampshire. Here are three lots that…
Residential Rental Rates
Low inventory, less than 1% vacancy rates, and higher rents have created a very challenging market for New Hampshire renters. According to almost all public and private sources, the housing shortage in the rental market is as acute as the shortage in the single family home sale market. This shortage spans the entire range of product,…
Local Trends Explained
The Boston-Cambridge-Newton Market, or as we call it, Seacoast & Northshore Market, is #1 in Buyer Activity in New Hampshire for 11 straight quarters. It is also the only market in the state that has a commercial inventory “demand surplus”. It doesn’t take a commercial real estate expert to recognize that this is a market…
Off-Market Commercial Listings
Residential agents are required to enter properties on the Multiple Listing Service (MLS) within one business day of marketing a property to the public. Public marketing includes, but is not limited to: Flyers displayed in windows yard signs Digital marketing on public-facing websites Brokerage website displays Digital communications marketing (email blasts) Multi-brokerage listing sharing networks…
Staffing Problems and Creative Solutions
It is tough to imagine that less than two years ago there were five unemployed people in the United States for every job opening. Now we have only 0.7 unemployed to job openings. This means that if all the 6.3 million people who were unemployed filled the job openings, there would still be 2.7 million open…
Where Will Inflation Take Us in 2022?
To figure out where things are going, we need to ask what exactly is inflation, how is it measured and what is the cause of inflation? Here’s how those are defined: Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an…