|
Who we are |
| Hewitt Newton Associates has
been in the business of representing the sale and lease of
Commercial, Industrial real estate and the confidential sale of
businesses for over 18 years. |
|
Fees |
|
Unlike other brokerage firms,
Hewitt Newton Associates charges no up-front fees. |
| Confidentiality |
| All discussions,
including pre-listing conversations and inquiries are held in
strict confidence. All buyers must sign a confidentiality
agreement prior to receiving more than blind information
which does not identify the business name or location . If
the buyer is a competitor they must supply financial information
about their company. |
| Pricing your Real Estate |
| We use appropriate appraisers
to provide us with an unbiased, independent "opinion of value"
using recent comparable sales and market information. |
| Pricing your Business Sale |
| We use either
outside evaluation companies or valuation software to assist
in determining value. We work closely with your
financial advisors if you wish. |
| Time-frame for Real Estate Sale |
| Depending on
location, type and pricing the *usual
sale may take from 6 months to 1 year (or longer if environmental
issues need to be addressed or raw land is involved). |
| Time-frame for Business Sale |
| 6 months to 1 year depending on
market and industry as well as financial information and
pricing. |
| When is the best time to sell |
Business: The
optimal time to market a business is when your company has 3-5
years of historic increase in both gross sales and profits.
The least advantageous would follow continuous or
rapid decline.
Real Estate: When interest
rates are low or declining or the property has reached the end
of it's economic income life or strategic improvements in the
area in which the property is located have begun. |
| Advertising |
| We pay all up-front costs for
advertising. We utilize our own database of qualified buyers,
our linked website and numerous industry links to find a qualified
strategic acquirer for your real estate and/or business. When
appropriate we utilize Wall Street Journal and other local and
regional news classifieds as well as direct mailings. |
| Commissions |
| Commissions are always negotiated with the Seller. We
are paid only as a result of a successful sale. |
*The term "usual" as used above, defines property without environmental issues or
other circumstances which may delay a sale.
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