American Motel Hotel Brokers

An association for real estate brokers specializing in the sale of hotels and motels, offering resources and networking opportunities for professionals in this niche market.

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

  1. 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.

  2. 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.

  3. 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.

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

References

  1. American Motel Hotel Brokers Network. (2023). About Us. Retrieved from American Motel Hotel Brokers Network
  2. National Association of Realtors. (2023). Commercial Real Estate. Retrieved from NAR
  3. Hospitality Net. (2023). Hospitality Industry News. Retrieved from Hospitality Net

Suggested Books for Further Studies

  1. “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.
  2. “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.
  3. “Hospitality Property Management” by Robert C. Fisher and Baird Hathcock | Provides a foundational understanding of property management within the hospitality industry.

Real Estate Basics: American Motel Hotel Brokers Fundamentals Quiz

### What type of properties are primarily focused on by the members of American Motel Hotel Brokers? - [ ] Residential homes - [x] Hotels and motels - [ ] Industrial warehouses - [ ] Farmlands > **Explanation:** Members of the American Motel Hotel Brokers primarily deal with the real estate transactions involving hotels and motels. ### What do members gain from joining American Motel Hotel Brokers? - [ ] Vacation packages - [ ] Free motel stays - [x] Specialized resources and networking - [ ] Residential property leads > **Explanation:** Members gain access to specialized resources, educational materials, market analysis tools, and networking opportunities. ### Who is an ideal candidate for joining this network? - [ ] Residential real estate agents - [ ] First-time homebuyers - [x] Commercial real estate brokers with an interest in hotels and motels - [ ] Appraisers specializing in residential properties > **Explanation:** The network is ideal for commercial real estate brokers who specialize or have a specific interest in the hotel and motel industry. ### What kind of valuation services might a broker provide within the American Motel Hotel Brokers Network? - [ ] Furniture appraisal - [ ] Land value estimation only - [x] Comprehensive hotel and motel valuation - [ ] Artwork valuation > **Explanation:** Brokers in this network provide comprehensive valuation services specific to hotels and motels, ensuring properties are priced competitively. ### What is a major benefit of specialized knowledge for brokers in this network? - [x] Enhanced ability to close deals effectively - [ ] Lowered property insurance premiums - [ ] Easier personal loan approvals - [ ] Access to exclusive residential listings > **Explanation:** Specialized knowledge helps brokers to close deals more effectively by increasing their expertise and market understanding. ### Why would brokers need market analysis tools from American Motel Hotel Brokers? - [ ] To estimate car loan interests - [ ] To appraise personal jewelry - [x] To understand hotel and motel market trends - [ ] To determine residential zoning laws > **Explanation:** Market analysis tools help brokers understand current hotel and motel market trends, aiding in accurate property pricing and sales strategies. ### What type of networking opportunities can members expect? - [ ] Social media influencer partnerships - [x] Connections with other brokers and industry professionals - [ ] Networking with residential property buyers - [ ] Educational webinars on residential landscaping > **Explanation:** Members can connect with other brokers and industry professionals, which can lead to collaboration and business opportunities. ### Which organization provides additional support for commercial real estate professionals? - [x] National Association of Realtors (NAR) - [ ] National Residential Association - [ ] Federal Housing Administration (FHA) - [ ] Consumer Financial Protection Bureau (CFPB) > **Explanation:** The National Association of Realtors (NAR) provides a wide range of additional resources and support for commercial real estate professionals. ### How can brokers in this association benefit from educational materials? - [ ] By learning residential gardening techniques - [x] By improving their knowledge on hotel and motel sales - [ ] By gaining insight into home decorating trends - [ ] By mastering private home lease agreements > **Explanation:** Educational materials provided by the association help brokers to improve their expertise in hotel and motel sales. ### What specific market sector do American Motel Hotel Brokers deal with? - [ ] Residential rentals - [ ] Agricultural land - [ ] Luxury homes - [x] Hotels and motels > **Explanation:** The American Motel Hotel Brokers focus exclusively on the hotel and motel sector of commercial real estate.
Sunday, August 4, 2024

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