Downtown Traverse City Space for Lease

108 E Front St

Traverse City, MI

Great location on Front St. A total of 2,185 Sq Ft lower level unfinished retail/office space for lease. Space has already been approved for stairway access off of Front St. Ability to make the space to your specifications. Long term lease available with heat included.

View Details

For more information, please call the Nichols Team at 231-941-8283 or tcinfo@remerica.com

 

 

Ultimate 5th Floor Traverse City Condo

333 W Grandview Parkway #501

Traverse City, MI

  

This 5th floor condominium unit is available in white box condition, allowing you to finish every last detail to your own specs – including the layout! This particular unit can be utilized for either residential or commercial purposes. Create your own custom residential hide-away or develop your own private office space. You have over 2,700 sq.ft. of space with which to work. Large windows, covered balcony w/Bay views & resident clubroom w/ rooftop terrace. Walk to downtown shopping & restaurants or beach.

Listing Details

For more informtaion, please call the Nichols Team at 231-941-8283 or tcinfo@remerica.com.

 

Commercial Property – Endless Opportunities!

5200 US 31

Williamsburg, MI

Comm. 1.15 acres of property located in Acme w/beautiful East Grand Traverse Bay views, Tart Trail adjacent property & access to the bay w/in walking distance. High traffic visibility along US-31 N. Currently 10 unit motel zoned B-1S, allowing for most commercial uses including drug store, hotel/motel, party store, professional offices, restaurant, video store, bank & multi-family dwellings. A lucrative opportunity for creative buyers wanting to develop in growing area, close to boat launch, park & casino.

Listing Details

For more information, please call the Nichols Team at 231-941-8283 or tcinfo@remerica.com

 

The Housing Game

Please join us on Saturday, April 2008 from 9 – 5PM at the Hagerty Center in Traverse City for The Housing Game, brought to you by the Traverse Area Association of Realtors, Northern Michigan College and Traverse Area Chamber of Commerce.  Learn the in’s and out’s of home buying from local professionals.  Admission is free to get in and is open to the public.  Hope to see you there!

No Time for Sleeping Sellers

Positive thoughts are essential in this down housing market and it is time for sellers and Realtors to go back to basics. The technology age is in “hyper-overdrive” when it comes to the housing sector with nothing but one negative thought after the other following, and feeding on, the next set of negative statistics and hyped by the media.

 

While Michigan may have led the nation into the housing recession due in not small part to the inability of the American automobile industry to get their act together (still promoting horsepower and gimmicks rather than efficiency, miles per gallon and cost per mile) we are seeing great real estate buying opportunities but can do much better as both sellers and Realtors.

 

So what is it that can be done to enhance home sale opportunities?

 

First, a few relevant concepts and factoids that seem to be in play at this time:

1.    Any appraisal more than six months old is worthless.

2.    Neighborhood sold properties used in market analysis may no longer be valid.

3.    Banks have an inventory of foreclosures negatively impacting resale homes and new built homes.

4.    Many of the articles and “breaking news” factoids are repeats of yesterday’s news and simply repackaged and presented as new – over and over.

5.    Testing the water to see what my home is worth is a very antiquated concept.

 

So what to do?

1.    Price it right and aggressive from the beginning. Be prepared to reduce the price every couple of weeks.

2.    Offer a substantial commission or Realtors will move to one with a larger commission because of the inventory available – buyers market in every way!

3.    Clean, repair, polish everything, trash out, power wash; lighten the logistics load as it is truly “white glove” inspection time. If there ever was a time to complete cleaning and fix up now is the time. Buyers make their “like-don’t like” decision within seconds of entering your home.

4.    Offer a selling bonus to the selling broker or other incentives – anything to get people into your home.

5.    Hire a broker that understands the internet and lists on multiple sites – a sign in the ground and on suedoe.com or joedoe.com won’t get your home sold or even seen on the internet.

6.    Don’t hire a friend to sell your property. You are selling the largest asset that you most likely own and you need a professional who can represent YOUR interests. Amateur hour it is not.

7.    Be sure your Realtor can string two thoughts together and write a complex sentence.

8.    See if your agent answers his/her phone after hours and on the weekends. Buyers want to talk with someone now when they call, not to some answering machine or uninformed agent.

9.    Give any offer, especially a first offer serious consideration as it may be the best one you will receive. Don’t pass up an offer believing that a better offer is just around the corner.

10. Be prepared to negotiate.

 

Real estate sales by nature are adversarial. You have a buyer and a seller how can it be anything but adversarial? Somebody is going to beat the other person out of a few bucks and for me that is a very negative experience.

 

You need a tough, tested and sometimes not so nice professional negotiator who will represent YOUR interests.

 

You know where to come when you need one!

Written by:

Brent Nichols

Co-Broker/Co-Owner

231-941-8283

brent@remerica.com

Logan’s Landing Space for Lease

Brent Nichols | Remerica-Traverse City | 231-941-8283 2070 S Airport Rd, Traverse City, MI Logan’s Landing Space for Lease Office offered at $135 Year Built 1940 Sq Footage 120 Floors 1 Parking Unspecified Lot Size 120 sqft Maint $135 per month DESCRIPTION 120 Sq. Ft. teacher/office type space, 430 Sq Ft kiosk, 1070 office/retail & 2383 office/retail space in the Logan’s Landing Mall. Some overlook the Boardman River. Many types of business located in Logan’s Landing Mall providing plenty of walk through traffic. Tenant responsible for utilities. see additional photos below ADDITIONAL PHOTOS Seller contact info: Brent Nichols tcinfo@remerica.com Remerica-Traverse City 231-941-8283 For sale by agent/broker Equal Opportunity Housing Posted: Mar 21, 2008, 10:44am PDT

Diesel Prices Impacting Home Buying?

Items for contemplation:

Being an old diesel head, by my calculation diesel fuel is up in the last year more than 40%.

Because diesel fuel is used for every form of transportation (trucks, trains, airplanes, delivery trucks) it should not be any surprise that the cost of food products, durable goods, building materials, equipment, you name it has increased in cost at far greater rate than the general inflation rate.

The loss of the Bear Stearns investment house and purchase by JP Morgan supported by the FED clearly is an indication of just how deeply the fuel and housing crisis is impacting our daily life and, for us involved in the housing sector, the ability to achieve the American dream of home ownership.

Across the board we are seeing major builders in turmoil, small and large builders in foreclosure, banks making margin calls, investors loosing their nest eggs, personal portfolios being attacked by recessionary fears, the depreciating dollar, the ever stronger Euro, oil going up daily and no end in site for downward price adjustments in home sector.

Because Michigan led the nation in an uncontrolled economic flat-spin (sky-divers term for an out of control free fall) we are now seeing buying opportunities far ahead of the nation. Now is the time to buy individual homes; now is the time to buy packaged foreclosures; now is the time to buy development properties; now is the time to invest in our State because it is the right economic decision for you at this moment in time.

So what does diesel fuel have to do with housing, simply put everything! Every building product used in some way is dependent upon the consumption of diesel fuel. Generators, trucks, cement mixers, delivery trucks, processing plants, worker to/from work transportation etc.  At the moment the impact of soaring diesel fuel costs is just beginning to be understood and the dramatic impact of diesel fuel has not yet been fully impacted in the housing industry as it has been in some sectors of the economy (freight haulers for example).

Bottom Line: Buy now while the price of homes and building materials are at record level lows and before the price of diesel begins to boost the price of homes and commercial projects.

 

Brent Nichols

Co-Owner/Co-Broker

brent@remerica.com 

Market Update & MSHDA Change

MSHDA increases the rate to 5.375%
  
Week of: Monday, March 10, 2008 

Present Market ConditionsTremendous volatility was the continued theme for financial markets last week. Investors and consumers are hopeful that aggressive Federal Reserve actions coordinated with strong banking industry reforms might counter much of the negative news that is dominating the major media outlets. Record high oil prices and the latest job loss numbers have created the most recent round of negative sentiment. 

ExpectationsAnother expected Feds Funds rate cut on March 18th will, at a minimum, add some psychological improvement to the housing and financial market woes. FNMA and FHLMC raised their lending limits, allowing for greater access to capital and the ability for the nations two largest investors to help struggling homeowners refinance and purchase homes. Middle range fixed rate mortgages, those with fixed terms between 5 and 7 years, should become very attractive over the coming weeks and months. 

GuidanceNow is an excellent time for consumers to take advantage of the historically low rates. Contact Georgie to discuss a tailored mortgage solution to meet your unique financial goals. Traverse Mortgage Corporation(231) 947-9700  (800) 968-3680

Now IS the Right Time to Buy in Michigan!

Weakness in the market has always been equated to buying opportunities. Never has this axiom ever been more accurate then the chance for investors to buy properties in Michigan at significantly discounted prices.

As most of the nation knows Michigan has been in a recession for several years as a result of loss of jobs in the all important automobile sector, high state taxes, a generally anti-business mentality and environmental concerns that are now being addressed to permit a more friendly business climate. ALL of the negative this is changing far ahead of the rest of the nation and translates to opportunity.

In every cloud there is a little gold. Only now are other states beginning to feel the harsh pinch of foreclosures, unemployment etc.. Michigan may have led the way down but the real estate market HAS stabilized and is producing great investor opportunities in the real estate market throughout the State.

Want a single family home; commercial buildings; bundles of foreclosed single family home properties; manufacturing facilities; vacant land; idle developments with installed infrastructure; your call!! There remains a significant unsold inventory throughout the State and that spells opportunity!

For investors of all categories now is the time be it Canadian, Middle Eastern, US or Euro based investors. Email for more information or to establish a relationship with a professional.   

Brought to you by:
Brent Nichols 
brent@remerica.com
(231) 941-8283
Broker/Owner

Welcome to the Future of Real Estate

 

Our claim to fame at Remerica-Traverse City is simple: “Real Estate Done Right”™. The bottom line – we’re different than the run-of-the-mill Real Estate agency. Given that we’re a smaller operation, minus the hundreds of mediocre agents and impassive brokers, we will better serve you with more personal one-on-one attention. Our Realtors are seasoned veterans of the real estate market, offering years of experience selling and buying homes and properties in Traverse City, Benzie, Beulah, Kalkaska, Manistee, Leelanau and the surrounding areas whether it be waterfront, vacant land, river front, downtown condominium or a home on acreage.

We are firm believers in the power of the internet, utilizing more than 60 different websites to actively market our listings. We have created a powerful tool for promoting your home, acreage, condo or waterfront. More than 80% of home buyers begin their real estate search online and we’ve tapped into that infinite source.

Located in Northern Michigan, our main office is situated near downtown Traverse City. The Traverse Area region is home to gorgeous vineyards, rolling cherry orchards, blue sailing waters and so much more. Let us help you find that perfect property in Northern Michigan that you desire. And sellers, we’re always ready to list your home, waterfront retreat, riverside condo or acreage.

Our team of real estate professionals are readily available to serve all your realty needs. It is our mission to prove “Real Estate Done Right” ™ is the difference you deserve.