57: Power Talk Friday - Alice Seale - Thinking About Leasing or Buying a Studio Space?

A Well-Designed Business® | Interior Design Business Podcast

LuAnn Nigara

Arts, Business, Design

4.9 • 810 Ratings

🗓️ 5 August 2016

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

Welcome to another Power Talk Friday! My guest today is Alice Seale, who has over 30 years entrepreneurial experience as a realtor in the retail design industry. She is the founder of Seale Realty Advisors in the Dallas area. Alice has co-authored the book, Winning Ways in Real Estate. She has great advice for entrepreneurs. Join us! What you’ll hear in this episode: Alice’s path to real estate in retail design What to look for in a realtor How a design center is born and developed The mix of wholesale and retail How Alice spots the trends in “pop-up” design centers Rent or buy? How do you decide? Alice tells you what questions to ask up front HVAC—why you MUST pay attention! Watch expenses on taxes and insurance! Consider leasing with an option Ask for any accommodations up front Find a realtor who has YOUR best interests in mind Why renting is a good option to start out in business Know what’s going on in your city and its development How to know when it’s the RIGHT time to purchase How to ask your landlord to “put some skin in the game” Make a wish list of renovations and negotiate adding value to the property Establish financial relationships early: Be a PERSON at the bank and not just an account number! Consider obtaining a letter of credit instead of paying a large security deposit Why Alice recommends that you have a female banker Get all the details from Alice here: http://windowworks-nj.com/alice-seale

Transcript

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0:00.0	Hey, just letting you know that Luann University registration is opening November 24th,
0:07.3	2024, and classes are starting the week of January 20th, 2025.
0:13.2	Head over to luanuniversity.com to learn more about classes on sales, on marketing, on process, and on profits.
0:23.4	And at the website, you will learn about the fantastic bonuses that we have for you throughout
0:29.0	the registration period.
0:30.9	Luann University.com.
0:44.8	Welcome. Welcome to a well-designed business with your host, Luann Nigara.
0:50.4	Luan has a lifetime of experience building a multi-million dollar business with her husband and cousin,
0:54.2	and she knows the challenges you've faced in your interior design business.
0:59.0	Luan brings you real life answers to your most pressing problems as well as practical strategies to explode your interior design business.
1:02.4	So let's get to the business of interior design.
1:07.7	So here we are another Power Talk Friday and today we're going to talk real estate. And it's
1:14.0	interesting because I was looking for someone to talk to us about real estate and educate
1:20.2	us a little bit on if we should rent, if we should purchase, how do we make these decisions?
1:25.0	And in my wildest dreams, I never thought that I would
1:28.7	actually find a realtor who specializes in real estate for the design community. So who
1:36.0	would have thunk it was out there? But all of you who know me know that I love niching down.
1:40.5	So here we have, we have Alice Seal with us. Alice is the founder and owner of Seal Realty
1:47.7	Advisors in Texas. And she has 30 plus years experience in dealing with real estate specifically
1:57.7	geared to the design community. Of course, there's big stores involved in this, big box stores, but also in single and
2:04.4	solo entrepreneurs like many of us are.
2:07.4	She is also the co-author of the book, Winning Ways in Real Estate.
	...

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