What Does Buccaneer’s Football Player Mike Evans Also Do, Besides Play Football?
So in Jan of 2020, before COVID-19 was a thing, I had 6 townhomes just recently built. A past client of mine, a well-known, successful South Tampa businessman, gave me my 5th opportunity to work with him again to sell his newly built townhomes.
I listed 3 of the 6 units & some showings started happening. I also had several open houses, but no offers. Eventually, we received our 1st offer and put together a contract. Within a week, the buyer backed out.
I was a bit upset but kept working hard; you have to keep going. I had just sold a multifamily 4 unit building in Hyde Park & came up with an idea. Why not also list All 6 townhomes as a multifamily opportunity?
My seller agreed to list all 6 units for $2,034,000.00. Then, he decided he only wanted to sell these 6 units as one; it had to be all 6 or nothing.
I thought, what have I done?!
I now had to sell all 6 together; this could be a real challenge. I worked hard, had many showings & several lower offers. My seller/developer was getting nervous, COVID-19 was getting worse. The real estate market slowed down, the stock market took a dive too!
My seller decided to start leasing the units to bring in some kind of income. This was a win-win situation; investors could receive income on this investment property immediately. The City of Tampa shut down for a few weeks because of COVID-19, and all of a sudden we had tenants.
One lease was signed, another, then another, we had 5 units with signed leases. A few more offers came in. What a great strategy we were putting together. Lease the properties, make them attractive to an investor, and sell the opportunity for income!
And sure enough, we hooked a buyer. You might even know him, and it was none other than Mike Evans, a Tampabay Buccaneer! We negotiated. We got a contract, and 2 months later, we closed! Touchdown! Score! Game Over! We all came out winners!
If you would like to talk to a real estate agent that has experiences, both typical and unique, an agent that will work through any issues that arise, and an agent that will work with you at all times, give me a call, (727) 410-8599.