Selling Your Hotel

[johnrod]

Before you put your hotel on the market, determine what you need to get from it. Since hospitality real estate is currently a buyer's market, you may not profit the way you had hoped. You may discover, however, that you're better off getting out from under the property than waiting for a market turnaround. This is where hotel brokers come in. They can help you determine what sales price to expect, based on property valuations and your present equity. They can also predict whether you're better off waiting to sell.

[kylestrover]

Hotel is a special kind of real estate property and it affect several legal and formal process which you have to follow before selling it. It is good point for realtor to learn as you have to knowledge about all kind of property to become successful real estate agents.