After six years of experience representing buyers and sellers of retreat centers, we have gained a unique knowledge of this niche market. Our completed projects are listed on our web site.
At the bottom of the list are the completed transactions, of which we played a variety of parts, from web-based marketing to attracting the buyer to the facility.
Please contact Peter Tennis in
Please feel free to submit comments and/or add new suggestions on how to market a retreat center that is for sale.
How to Market Your Retreat and
1. Know your property : its strengths, its market niche and its competitors.
2. Ask for advice from commercial investment real estate professionals, but this does not mean you have to sign anything.
3. Have an up-to-date, quality web site, with top notch pictures and accurate and positive text.
4. Be sure to have supporting data concerning revenue, expenses, taxes, insurance and debt.
5. Prepare a summary of the property including, legal, a survey, the zoning, the name of the city and county.
6. Be able to explain the condition of your water and sewer or septic systems.
7. Interview and retain a local commercial investment real estate firm through the expertise of FindtheDivine.com.
8. Hire a local broker that will “show and tell” for you.
9. Advertise your property both nationally (through web sites like FindtheDivine) and locally (newspapers, church bulletins etc)
10. Be flexible with respect to financing! Offer to take back some debt if need be.
11. Target potential buyers like churches, schools, associations and corporations and send then an announcement.
12. Focus on why your property location is excellent for a recent center.
13. Why is this the time to sell or buy?
– Low Mortgage rates
– Depressed Real Estate Values in general
– Increased interest in retreats during recessions
– Increased interest in spirituality and religion
– Increased population of those over 55 who are on the spiritual journey
By Peter Tennis, FindtheDivine LLC and Tennis Development, LLC – March 28, 2008