Frank knows a good deal when he sees one, and that was the case when the Bread Basket Deli building in Livonia hit the market. What seemed to many as an average investment was seen much differently by Frank and ultimately by his investor client.
The Reasons Why:
This market information was a key factor in the decision-making process of the buyer, far beyond the cap rate and the price. Frank was able to convey to his client the underlying value of the deal and the benefits of the location that only an area specialist with intimate market knowledge could.
As a broker, knowing a good deal when you see one is a good thing; but knowing your market is even better. If you’re looking to uncover opportunities in a competitive market, call Frank Rakipi at 248-476-8876.
