Ever try to sell hotels or motels?

P

Member

Have you ever tried to sell a hotel or motel? I have not yet, but would love to get one somehow and then repair it up and actually run it myself. If it doesn't work out for me, I can always sell it.


What was selling a hotel or motel like?

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April 24, 2020 4:59 PM
C

Member

I have not sold anything quite like a hotel or motel before, but I suppose it wouldn't be tough considering I sold an old church once. It was a small church though, but had history in the area. It's still a church to this day. I wanted to make sure it stayed a church at least.

April 25, 2020 3:06 PM

We don't have many in my area so I highly doubt I will ever get experience with this unless my wife and I decide to move more north. We live in a very country-like area that has a lot of open land and farms.

April 27, 2020 5:42 PM

I wouldn't know where to begin with something like this. I would consider buying one to rent out because I would buy to just flip and sell. It is hard to get into this market unless you live in an area where it is popular for people to use them.

July 25, 2020 9:08 PM

Member

I was set to sell one but another agent got it. I am still new to selling homes and general properties. I would love to some day work with bigger buildings like this.

July 26, 2020 2:02 AM

Member

They are way out of my league! I have no idea what the main selling points of a hotel or motel are. I just stick to smaller homes.


I'd like to hear any stories or tips from anyone who has, though.

July 27, 2020 1:16 AM