Overview
American Motel Hotel Brokers is a professional association dedicated to real estate brokers who focus on the niche market of buying and selling hotels and motels. The organization provides a variety of resources, networking opportunities, and specialized knowledge to help brokers efficiently facilitate transactions within this specific commercial real estate sector.
Address
American Motel Hotel Brokers Network
6232 N. 7th Street, Suite 101
Phoenix, AZ 85014
Phone: 602-230-9244
Website: www.amhbnetwork.com
Examples
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Commercial Real Estate Broker: A broker working with the American Motel Hotel Brokers Network could assist a client in purchasing a mid-sized motel in a high-traffic tourist area.
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Hotel Valuation Expert: A broker specializing in hotel sales might provide valuation services to a hotel owner looking to sell, ensuring that the property is competitively priced in the market.
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Motel Sales Facilitator: A real estate agent in this network could help a buyer identify a profitable investment opportunity by locating motels for sale that have strong historic occupancy rates and potential for renovation and improvement.
Frequently Asked Questions (FAQs)
What is the primary focus of American Motel Hotel Brokers?
The association primarily focuses on real estate transactions involving hotels and motels, providing specialized resources and support to brokers in this niche market.
Who can join American Motel Hotel Brokers?
Commercial real estate brokers with experience or a specific interest in hotel and motel sales are encouraged to join to benefit from network resources and professional development opportunities.
What services does American Motel Hotel Brokers offer to its members?
Members gain access to industry-specific resources, networking opportunities, educational materials, market analysis tools, and collaborative platforms to facilitate successful transactions.
How can a broker benefit from joining this network?
Brokers can access a specialized knowledge base, connect with other professionals in a niche market, receive valuable industry insights, and improve their ability to close deals effectively by leveraging the association’s resources.
Is there a cost to join American Motel Hotel Brokers?
Membership fees and specific costs can be found on the association’s official website, or by contacting their office directly.
Related Terms
Commercial Real Estate: Refers to any property used exclusively for business purposes, such as office buildings, malls, restaurants, and hotels.
Valuation: The process of determining the current worth of an asset or a company; crucial in real estate transactions to ensure fair pricing.
Brokerage: The activity of buying and selling assets, including real estate, on behalf of others, typically for a commission.
Hospitality Industry: Encompasses a broad range of fields within the service sector, including lodging, event planning, theme parks, transportation, cruise line, and additional fields within the tourism industry.
Online Resources
- American Motel Hotel Brokers Network: The official site for more information on membership, services, and resources.
- National Association of Realtors (NAR): Provides additional resources and support for real estate professionals.
- Hospitality Net: A comprehensive portal for news and resources related to the hospitality industry.
- The Real Deal: Offers real estate news and insights, including the commercial sector.
References
- American Motel Hotel Brokers Network. (2023). About Us. Retrieved from American Motel Hotel Brokers Network
- National Association of Realtors. (2023). Commercial Real Estate. Retrieved from NAR
- Hospitality Net. (2023). Hospitality Industry News. Retrieved from Hospitality Net
Suggested Books for Further Studies
- “Hotel Asset Management: Principles and Practices” by David A. Berger | Explores best practices in hotel asset management, focusing on maximizing value and return on investment.
- “The Real Estate Agent’s Guide to Commercial Property” by Joshua Stein | A comprehensive guide for agents looking to delve into commercial real estate, covering essential skills and strategies.
- “Hospitality Property Management” by Robert C. Fisher and Baird Hathcock | Provides a foundational understanding of property management within the hospitality industry.