#valuation for sale & purchase

[leveloneandup]

Christen Press on potential Angel City sale: ‘It allows the club to continue to professionalize’

Willow Bay and her husband, Disney CEO Bob Iger, are close to purchasing a controlling stake of Angel City FC. There’s no public timeline for when the deal will be done. Still, the new ownership group — and the numbers around their investment, somewhere in the ballpark of $300 million — has reignited discussions about NWSL club valuations and the rapid growth of women’s soccer here in the United States.

Angel City forward Christen Press, who was also the team’s first signing, spoke to The Athletic on her way to training on Wednesday morning. Immediately, she noted she was following the potential sale through media reports herself. Her reaction — and that of her fellow players — was one of excitement.

Press said those numbers shouldn’t be surprising to anyone. Not if you’ve been paying attention, anyway.

“When you start to see valuations as a player, and as someone who has a very vested interest in the business of women’s sports, there’s two things,” she continued. “First thing I think is, ‘Hell yeah.’ This is exactly how it should be, right? On our podcast, we just talked to Ali Krieger about how, as a novice broadcaster, she’s making more money than she did as a player. These types of sales and deals are working towards changing that.”

For her second point, Press said that Angel City has gotten a lot right through the first few years in the league. Whether that’s game day experience, business, or community, all of those things are already working.

“They also have a lot of things that they need to get right, and a sale like this is a lot of money to the club,” Press said. “It allows the club to continue to professionalize and push the envelope in terms of the expectations for women’s sports. I do think Angel City recognizes that they have a lot of room to grow on that end.”

Press called the team a “zero to one project,” but one that needs a different level of funding to go from one to two. That’s along the same lines as what one early investor told the Los Angeles Times in March when the news broke that Angel City was considering selling a controlling stake.

“What’s been built at Angel City in three short years is nothing short of incredible. And in high-growth companies, it is absolutely normal to step back and look at ‘what do we need to continue this growth?’” Sarah Harden, CEO of Hello Sunshine, said. “This board has determined that this is the right time to bring in a new major investor. That’s it. That is the story.”

Of course, Angel City hasn’t been the only NWSL team to explore a sale — though they have the more positive distinction of exploring a move willingly. Also in March, San Diego Wave FC made headlines for setting a new record, with the club’s principal owner Rob Burkle agreeing to sell to the Levine Leichtman family at a total valuation of $120 million. The valuations of NWSL teams are being watched on a global scale as well. For instance, Chelsea has started to explore the idea of selling a minority stake in their women’s team, using Angel City’s previous valuation of $180 million as their benchmark.

“All of the measures of women’s sports right now are growing, and I think the NWSL is at the forefront of a lot of that,” Pete Giorgio, who leads Deloitte’s global and U.S. sports practice, told The Athletic in March. “Those large valuations and these large transactions validate both the foresight, but also the investment that a lot of people made in the first place.”

As women’s soccer analyst Kim McCauley pointed out, Michele Kang received plenty of questions when she seemingly overpaid for the Washington Spirit in 2022. Kang had originally offered $21 million for the controlling stake in the team. She closed the deal at $35 million, which only two years ago seemed like an absurd number.

Seattle Reign FC finally wrapped its sale last month, with the Seattle Sounders and Carlyle Group taking over the club for $58 million (that club’s sale was the result of John Textor’s takeover of Lyon and a sole focus on the men’s team, with Olympique Lyonnais also sold to Kang). Before that, the sales of the Chicago Red Stars — a total bid of $60 million, with $35.5 million as the purchase price — and Portland Thorns FC at $63 million were also finalized, with both of those changes coming following the league’s abuse scandal.

“If you have an ownership group that needs to be out, it’s actually really hard to compartmentalize, and I think we’ve seen that in the Chicagos and the Portlands, how it’s affected the players,” Press said. For her, it’s different in Los Angeles, as she pointed to the regular presence of owners and investors at games. “For this, it’s only positive. We know our ownership group.”

The NWSL is going through an incredible transformation. Even with the positive impact of some of those changes and investments, it’s not hard to understand why some fans and supporters might get a little nervous about this much money coming in and how it might change the sport. Some of those changes are deeply necessary and some will absolutely affect the culture of women’s soccer in America.

Press has been part of what she called “a generation of change”, whether that’s on the USWNT with their fight for equal pay and a new collective bargaining agreement, or her NWSL career, which started in 2014 with the Red Stars. “I can’t even remember what that first field that I played on in Chicago was called, but I was driving out of the city for an hour and a half to get to some turf field.” The Red Stars’ home field was at Benedictine University; in 2014, the team had an average attendance of 2,949.

“I don’t think we want to hang on to those memories,” Press said. “There is absolutely a connection between those of us who have been fighting for improved standards in the league and our fans because the fans have had so much influence in that fight and our success. It really has bonded us with our community in a way that it feels like we’re all doing this together.”

Press isn’t worried about that bond being lost. She believes it’s trending in the right direction, especially as players have a lot less to worry about off the field and can step directly into stardom. Players that turn into superstars have to be supported though, by brands, by teams, through marketing and the media.

“That’s storytelling and that’s investment, so as it continues to grow, there is a huge opportunity for the relationship with the fans to transform. And because we continue to find ourselves in a fight for legitimate valuations and for fair pay and for equality, we’ll be able to maintain such a strong tie to the fans that help us achieve these things.”

There are more immediate goals for Angel City to accomplish, even with the potential sale to the Bay-Iger group in the works. On the pitch deck, acquired by Semafor, the first of the new ownership group’s guiding principles is “Improve team performance, player support and retention,” which also includes the tangible goal of building a new facility that could serve as the team’s HQ and training site.

While Angel City is currently in 11th place in the NWSL, they’re only three points off the playoff line cutoff. They’ll face Gotham FC in their final match before the league takes an extended break for the Olympics.

Press said the team can rely on the existing trust between the players and ownership group to allow the sale process to play out as it should and not have it overshadow the urgent need for three points on the field — at home — this weekend.

“The entire focus of the group is on the game,” she promised.

[mariacallous]

When former US president Donald Trump announced a plan to establish a national “bitcoin stockpile” if he is reelected, the crowd at the Bitcoin 2024 conference in Nashville, Tennessee, erupted into a fit of celebration. The frontrunner in the upcoming election was speaking their language.

“For too long, the government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin,” said Trump during his speech on Saturday, pausing briefly to bathe in the applause. “It will be the policy of my administration to keep 100 percent of all bitcoin the US government currently holds or acquires into the future.”

The US government is reportedly sitting on upwards of 210,000 bitcoin—worth around $14 billion—seized from hackers and through various law enforcement activity. That stash, said Trump, would become “the core of the strategic national bitcoin stockpile.” Republican senator Cynthia Lummis, of Wyoming, later proposed legislation that would see the US government amass 1 million bitcoin under Trump.

Any stockpiling plan would benefit bitcoin owners, if only because it would stop the US government depressing the price of the cryptocurrency by flooding the market with its coins in a sale. Trump implied that stockpiling bitcoin, an asset considered by its proponents to be anti-inflationary by virtue of its capped supply, would also help the government to “end the inflation nightmare that this administration [led by Joe Biden] has created.” Senator Lummis later spelled out his thinking, saying, “We need to create a brighter future for generations of Americans by diversifying into bitcoin.”

But stockpiling bitcoin has little merit, economists say. “I see no [economic benefit],” says James Angel, an economist at Georgetown University specializing in financial markets. “The tangible benefit is that it will get bitcoin maxis to vote for Trump. If you believe in Trumpism, that would be the benefit.”

The idea that an investment in bitcoin will offset losses in spending power to inflation is contingent, says Angel, on two shaky assumptions: that the price of bitcoin will rise and, second, that the government would be able to at some stage sell bitcoin back into US dollars without tipping the market into a nosedive. “The government will push the price up by buying bitcoin, so it will look like it has made a lot of money, but the minute it actually starts to sell the bitcoin to take profits, it will push the price right back down again,” says Angel.

Though Trump is initially proposing a moratorium on selling bitcoin already in the possession of the US government, he loosely implied the US would increase the size of its position over time, too. If Trump were to expand the bitcoin stockpile, he would need to locate funds with which to acquire the additional coins. But the readily available options—to increase taxes, take on debt, or print US dollars—are incompatible with the ambition to drive down inflation and national debt, or pledges made by Trump to reduce taxation. Senator Lummis is reportedly set to propose that purchases be funded partly using money that will be added to the US central bank’s balance sheet after the valuation of gold stores is updated to reflect the going market rate. “The money has to come from somewhere,” says Angel.

Even if Trump were to restrict the reserve to bitcoin seized through law enforcement activity, his administration must also weigh up the opportunity cost associated with holding onto bitcoin. Whereas some assets such as bonds generate a consistent income stream for holders, bitcoin does not, making it expensive to hold.

“The question comes down to what the government would get out of the hoards of bitcoin it would be holding,” says George Selgin, director emeritus for the Center for Monetary and Financial Alternatives at the Cato Institute, a US think tank that promotes libertarian principles. The US government has periodically auctioned off the bitcoin confiscated through law enforcement activity. But in choosing to sit on the bitcoin it possesses, “it is failing to realize the market value, which it could apply to any number of other uses, from writing down the federal debt, to paying for other government programs,” says Selgin.

Though Selgin is a proponent of bitcoin for its independence from state control, he opposes the US government speculating on its price on behalf of citizens. “Governments are not particularly astute investors,” says Selgin. “Having the government act on behalf of citizens as some kind of investment trust or mutual fund doesn’t make much sense.”

During his speech in Nashville, Trump namechecked a range of high-profile bitcoiners, including Cameron and Tyler Winklevoss, who founded crypto trading platform Gemini, thanking them for their guidance. Afterward, Tyler took to X to celebrate Trump’s plan and congratulate the organizer of the conference for having “orange-pilled” the former president.

But while it is popular with holders of large amounts of bitcoin and industry executives, the ambition to establish a bitcoin stockpile could come at a cost to most everyone else, particularly if the government were to expand its existing holdings, says Michael Green, chief strategist at asset management firm Simplify.

“The only possible way for the US government to buy bitcoin is from existing holders,” says Green. “But if the government uses tax revenues [or issues bonds] in order to buy bitcoin, it creates a situation in which the taxpayer is subsidizing an extraordinarily small subset. Ultimately, you’re talking about creating exit liquidity for a small subset of the population.” It would be like the US government promising to pay over the odds for real estate in California, says Green, but no other state. “This is not materially different,” he says.

The larger the government’s pot of bitcoin, meanwhile, the more beholden it would become to those who maintain the underlying network—the bitcoin mining companies—whose job is to process transactions and shield the network from attack. Effectively, the bitcoin mining industry would become “another special interest group,” says Green, “that the US government would have to step in and bail out” in the event that the sector—renowned for its sensitivity to various factors beyond its control—were to wobble.

Neither Trump nor Lummis responded to a request for comment on the criticisms made against the bitcoin stockpile plan.

Whether Trump intends to carry out the plan to establish a bitcoin stockpile is a separate question. “Trump is a master demagogue, appealing to the emotions of the crowd. It’s pure electioneering,” says Angel. “I think the plan will probably go the way of Trump Airline, Trump Casino, and Trump University.” That is to say, nowhere.

The members of the bitcoin industry were not blind to the fact that Trump was making a pitch for their vote. It is “historic” for Trump to consider bitcoin important enough to warrant campaigning around, says Jameson Lopp, an early bitcoiner and founder of crypto custody business Casa, who attended the conference. But “the way he spoke to us was pretty clearly pandering,” he says. “It felt like he was kind of speaking down.” Though Trump has previously dismissed bitcoin as a “scam,” he has now “realized that it can be beneficial to him,” says Lopp. “He can gain a new, potentially substantial bloc of single-issue voters.”

Trump was not the only person courting bitcoin fans with promises to take a semipermanent stake in the market. At the same conference, Robert F. Kennedy Jr., who is running against Trump in the election as an independent, presented a more gung-ho plan: The country would acquire 4 million coins—practically 20 percent of the total supply—if he were president.

In that context, the pledges in Nashville were of greater significance as a signal, says Selgin, than for their actual contents. After a period under the Biden administration in which crypto businesses have been targeted, they claim unfairly, by regulatory bodies in the US, the pitches by Trump and others were an attempt to send the general message, says Selgin, “that bitcoin is no longer the enemy.”

[tomorrowusa]

Elon Musk's Twitter X has been a terrible investment.

These are bad times for Elon. Sales of Teslas are in decline, his rockets are exploding, and the chat he had with Trump on his own platform during the summer was a technological embarrassment.

On top of all that, investors are losing their pants at Twitter/X.

Musk’s Twitter investors have lost billions in value

“Elon’s done a tremendous amount of wealth destruction since he’s purchased Twitter,” said Ross Gerber, who said he invested less than $1 million, a stake he now considers worthless. “For the people who put capital into him for any amount,” Gerber said, “ … trying to explain to people how he lost” so much money “is not a fun conversation.” Among top investors, Dorsey — whose stake has lost an estimated $720 million — has made his displeasure known. Last year, he said Musk shouldn’t have purchased Twitter after all, posting on social media that hedidn’t think Musk “acted right after realizing his timing was bad.” “It all went south,” Dorsey said. [ ... ] Because Musk turned Twitter into a private company, it’s hard to know its up-to-the-minute valuation. But some things about its financial picture are clear: Advertisers, its key source of revenue, fled after controversies — some caused by Musk himself. Some advertisers were also put off by his decision to gut content moderation while restoring thousands of accounts previously suspended for breaking the site’s rules. The deal has also faced scrutiny. The SEC has an active fraud probe into Musk’s purchase of the site, examining his early accumulation of Twitter shares without disclosing his investment — a move that could have affected the share price. Some investors have received subpoenas as part of the probe.

Musk himself has lost $24.12 Billion on his investment.

No wonder Musk is desperately trying to help elect Trump. But even Weird Donald's tax breaks for the filthy rich probably aren't big enough to help recoup that enormous loss.

Rich people want you to think they are geniuses just because they're rich. Musk is the latest to prove that enormous wealth does not make you smart.

[dubairealestate24]

Common Mistakes to Avoid When Applying for a Home Loan in UAE

Applying for a home loan in the UAE can be a complex process, and avoiding common mistakes can help you secure the best terms and conditions. This guide highlights common pitfalls to avoid when applying for a home loan in the UAE.

Understanding Home Loans

Home loans, or mortgages, come in various forms, including fixed-rate, variable-rate, and Islamic mortgages. Each type has its benefits and considerations.

Fixed-Rate Mortgages: These loans have a fixed interest rate for a specified period, providing stability in monthly payments.

Variable-Rate Mortgages: The interest rate fluctuates based on market conditions, which can lead to lower initial rates but potential increases over time.

Islamic Mortgages: Compliant with Sharia law, these mortgages involve profit-sharing rather than interest payments.

For detailed information on home loans, visit home loan dubai.

Common Mistakes to Avoid

Not Shopping Around: Failing to compare different lenders and loan products can result in higher costs and less favorable terms.

Overlooking Fees: Be aware of all fees and charges associated with the loan to avoid unexpected expenses.

Ignoring Pre-Approval: Getting pre-approved helps streamline the home search and strengthens your bargaining position.

Taking on New Debt: Avoid taking on new debt during the loan process, as it can affect your financial profile and loan approval.

Not Understanding Loan Terms: Ensure you understand all terms and conditions of the loan, including interest rates, repayment terms, and early repayment penalties.

For property purchases, explore Buy Luxury Property in UAE.

Steps to Securing a Home Loan

Assess Your Financial Situation: Begin by evaluating your financial health. Calculate your income, expenses, and savings to determine how much you can afford.

Improve Your Credit Score: A high credit score improves your chances of loan approval and favorable terms.

Save for a Down Payment: Aim for at least 20% of the property's value to reduce mortgage insurance costs and improve loan terms.

Compare Loan Options: Different lenders offer various products. Compare rates, terms, and conditions.

Get Pre-Approved: Pre-approval provides an estimate of how much you can borrow, making the home search more focused and efficient.

Submit Your Application: Complete the mortgage application, providing necessary documents such as proof of income, credit history, and property details.

Loan Approval and Offer: Once approved, the lender will present an offer detailing the loan amount, interest rate, and repayment terms.

Finalizing the Purchase: After accepting the offer, work with your lender to finalize the purchase. Ensure all legal and financial aspects are in order.

For rental options, visit Apartments For Rent in Dubai.

Tips for a Smooth Home Loan Process

Maintain a Good Credit Score: A high credit score improves your chances of loan approval and favorable terms.

Avoid New Debt: Refrain from taking on new debt during the loan process to maintain your financial profile.

Consult with a Mortgage Advisor: Professional advice can help you navigate the complexities of securing a home loan.

Understand Fees and Charges: Be aware of all fees and charges associated with the loan, including processing fees, valuation fees, and early repayment penalties.

For luxury properties, explore Luxury Properties For Sale in Dubai.

Legal and Regulatory Considerations

The UAE has specific regulations governing mortgages. Ensure compliance with all legal requirements, including property registration and transfer fees.

Dubai Land Department (DLD): The DLD oversees property transactions. Ensure all documents are registered with the DLD.

No Objection Certificate (NOC): If buying from a developer, obtain an NOC confirming no outstanding payments or disputes.

Conclusion

Avoiding common mistakes when applying for a home loan in the UAE can help you secure the best terms and conditions. By following the tips outlined in this guide, you can navigate the process efficiently and achieve your homeownership goals. For more resources and expert advice, visit home loan dubai.

[asherbrien]

How To Get A Cash Offer For Your Home?

Selling a home can be a complex and time-consuming process, but receiving a cash offer can simplify it. Cash buyers offer the advantage of a fast, straightforward sale with fewer contingencies, making it an attractive option for homeowners who want to sell quickly or avoid traditional real estate processes. Here’s a guide on how to get a cash offer on a home.

Understand the Benefits of a Cash Sale

A cash offer is an agreement where the buyer offers to purchase your home without requiring financing through a mortgage. This means there are no loan approval processes, and the deal can proceed faster. The advantages of a cash sale include:

Quick closing: Cash transactions can close in a matter of days, unlike traditional sales that take weeks.

No lender requirements: Without the need for bank approval, there’s less paperwork and fewer delays.

Fewer contingencies: Cash offers typically come with fewer conditions, such as home inspections or appraisals.

No repairs needed: Many cash buyers purchase homes as-is, so you don’t need to make costly repairs.

Find Cash Buyers

To get a cash offer, you first need to find potential buyers who are interested in purchasing your home with cash. There are several avenues to explore:

Real estate investors: Many investors specialize in buying homes for cash. These buyers are often experienced in fast, hassle-free transactions.

Real estate wholesalers: Wholesalers often act as intermediaries who find cash buyers and help facilitate the sale. They typically look for distressed properties and sell them at a markup to investors.

Online platforms: Websites like Zillow, Redfin, or Opendoor can help you get connected with cash buyers or companies that specialize in buying homes directly for cash.

Local homebuyers: You can also reach out to local investors or businesses that advertise cash-for-homes services in your area.

Get Your Home Appraised

Before receiving a cash offer, it’s essential to know the value of your property. While cash buyers might not require formal appraisals, knowing your home’s value ensures you don’t accept an offer that’s too low. You can:

Hire a professional appraiser: An appraiser will provide an accurate estimate of your home’s market value based on its condition, location, and comparable sales in the area.

Use online valuation tools: Websites offer instant home value estimates, though these are less accurate than professional appraisals.

Request Multiple Cash Offers

It’s a good idea to request offers from several cash buyers to ensure you get the best deal. A competitive market may allow you to negotiate a higher cash offer. Keep in mind that investors typically offer less than the market value since they need to account for potential repairs and resale.

Review the Offer Carefully

Once you receive cash offers, evaluate the terms of each one. Consider:

Price: Does the offer meet your expectations or come close to the appraisal value?

Closing timeline: Cash buyers can close quickly, but it’s important to confirm the timeline and ensure it aligns with your plans.

Contingencies: Although cash offers typically come with fewer contingencies, be sure to read the fine print for any conditions that could affect the sale.

Negotiate if Necessary

If you receive a cash offer that’s lower than expected but the buyer is serious, you may have room to negotiate. Some buyers might be willing to increase their offer or offer other incentives, such as paying for closing costs.

Finalize the Sale

Once you accept an offer, the buyer will typically send a purchase agreement, and you’ll need to sign the contract. Afterward, you’ll work with the buyer and a title company to finalize the sale, complete the necessary paperwork, and receive payment.

Conclusion

Getting a cash offer for your home can simplify the selling process and lead to a fast, efficient sale. By understanding the benefits, researching potential buyers, and carefully evaluating offers, you can make the best decision for your circumstances and sell your home quickly with minimal hassle.

[nikath-852]

The Largest Real Estate Investment Opportunity Prime Location in Tolichowki, HyderabadEver Offered by Heera Luxury City

Introduction

owning a piece of prime real estate in one of Hyderabad most sought-after locations at a discounted price. Heera Luxury City, a part of the esteemed Heera Group led by CEO Dr. Nowhera Shaik, is offering an unprecedented investment opportunity. This article delves into the details of this remarkable offer, the strategic advantages of the land, and why this is a golden chance for investors.

Heera Luxury City: The Best Land in Business

Prime Location in Tolichowki, Hyderabad

Heera Luxury City boasts a prime piece of land located in Tolichowki, Hyderabad. Known for its strategic positioning and high market value, this land is one of the most valuable real estate assets in the area. The current market rate for this land reaches up to Rs. 3.04 lakh per square yard, driven by high demand and its premium location.

Special Discount for Heera Group Family

In a generous move, Heera Group is offering this land to its family members at a significantly discounted price. The total valuation of the land is estimated at Rs. 753,77,14,200 (Rupees Seven Hundred Fifty-Three Crore Seventy-Seven Lakh Fourteen Thousand Two Hundred Only). This offer not only provides an excellent opportunity to own prime real estate at a reduced rate but also leverages the geographical advantage and future potential of investing in this area.

Secure Your Investment with Heera Luxury City

Transparent and Secure Transactions

Dr. Nowhera Shaik has set specific price ranges for purchasing lands in Tolichowki, Hyderabad, from a minimum of Rs. 5 lakh to a maximum of Rs. 5 crore. This pricing strategy is designed to protect buyers from fraud and safeguard their interests. Heera Luxury City has taken control of the selling process to ensure transparency and protect buyers' interests.

Exact Location and Connectivity

The property is located in Town Survey Nos. 12, 13, 14, & 15/1, Block M, Ward No. 13, Tolichowki, Hyderabad, Telangana – 500 008. This area is well-connected, approximately 1 kilometer from the Tolichowki junction and 0.8 kilometers from the road towards Golconda Fort. The site is situated on a proposed 80′ road leading to the 7 Tombs, offering ease of access.

Land Details and Potential

The total land area under consideration is 33,060.15 square yards (27,642.50 square meters). Classified as residential and urban, this land is suitable for various types of development. Although currently selected for non-residential use, it holds potential for future commercial and residential projects. Key documents such as Sale Deed No. 5479 of 2015, Demarcation Report, and various utility bills have been reviewed to ensure the land's legitimacy.

Valuation and Legal Considerations

Current Valuation

Based on Sale Deed No. 5479 of 2015 and current market rates, the valuation of Heera Group’s property is Rs. 75,37,71,420 as of August 26, 2024. However, the property’s realizable value is estimated at Rs. 67,83,94,2780 (Rs. 678.39 Crores), reflecting its high demand and prime location.

Steps for Successful Development

To ensure the successful development of the property, it is crucial to:

Verify the legal status

Conduct a physical survey

Obtain all necessary certifications

Buyers should check for any legal issues or encroachments, confirm land measurements, and ensure clear road access to avoid any problems.

Big Praising to Dr. Nowhera Shaik

Dr. Nowhera Shaik, CEO of the Heera Group, is the cornerstone of the Heera Group family. Her dedication to Heera Group investors, whom she treats like family, is the reason for her continuous efforts and success. Investors trust Dr. Nowhera Shaik to protect their interests and make their investments fruitful in the long term. Her strong reputation for caring about her investors’ success and well-being makes every investment with the Heera Group rewarding.

"Investors trust Dr. Nowhera Shaik to protect their interests and make their investments fruitful in the long term."

For more information, contact us at:

(+91) 92810 26273/69

(+91) 91360 02818

(+91) 91360 04247

Heera Group Back Office

Conclusion

Dr. Nowhera Shaik’s primary focus is to settle investors’ claims. To facilitate this, Tolichowki land plots are being sold at a reduced price. This discounted rate aims to ensure smooth transactions and effectively resolve claims. After the Supreme Court’s approval to settle the claims through the sale of the Tolichowki property, it is confirmed that there are no disputes or legal obstacles preventing the sale. This guarantees that the process will proceed without any issues or encroachments.

Investing in Heera Luxury City is not just about owning prime real estate; it’s about securing a prosperous future under the trusted leadership of Dr. Nowhera Shaik. Don’t miss out on this unparalleled opportunity to invest in one of Hyderabad’s most valuable properties.

[beautifulpersonpeach]

BPP did you see this??

https://www.reddit.com/r/kpop/comments/192e321/kakao_explores_sale_of_sm_entertainment/

Kakao is exploring the sale of SM because of legal liabilities! It seems all the illegal ways SM and Kakao got out of the HYBE acquisition is coming to bite them in the ass.

Are we in for Season 2 of the SM/Kakao/HYBE drama? Will HYBE finally buy SM Entertainment?

When you said it could take up to a year for this to resolve I didn't fully buy it but wow it's like Bang PD plays the long game.

***

Is it Season 2 or Season 3 we’re in at this point?

It’s not certain Kakao will pursue a sale. It’s possible they decide to do a partial divestment instead, but in any case, I’m also not so sure HYBE will be so willing and eager to bite.

For one thing, SM’s valuation is at a different point from where it was the same period last year. Yeah some company culture headaches I was concerned about have been partially resolved, such as the CBX lawsuit issue, but still… I have no real information to know whether or not HYBE would be willing to consider the purchase, especially when SM isn’t exactly as cheap as they were last year.

And Bang PD… lol.

Anyway, it’s still too early to tell if Season 2 (or 3) is coming. But either way 2024 is gearing up to be a fun ride.

[gonzalez756]

How to Sell Your eCommerce Business in 2024 | Imagency Media

The eCommerce landscape in 2024 is more competitive and dynamic than ever. As a business owner, you may have decided that now is the right time to sell your eCommerce business and capitalize on your hard work. Whether you're looking to pursue new ventures, retire, or simply cash in on your investment, selling your eCommerce business can be a lucrative opportunity. However, it requires careful planning and execution. In this guide, Imagency Media will walk you through the key steps to successfully sell your eCommerce business in 2024.

1. Prepare Your Business for Sale

Before you put your eCommerce business on the market, it's crucial to ensure it's in the best possible shape. Buyers are looking for profitable, well-managed businesses with growth potential. Here's how to prepare:

Financials: Make sure your financial records are up-to-date, accurate, and easy to understand. Buyers will scrutinize your profit margins, revenue trends, and expenses. Consider working with an accountant to organize your financials and identify any areas for improvement.

Operations: Streamline your operations to make your business more appealing. This includes optimizing your supply chain, automating processes where possible, and ensuring that your inventory management is efficient. A well-run business is more attractive to potential buyers.

Brand Strength: Evaluate your brand's online presence. This includes your website, social media, and customer reviews. A strong, reputable brand can significantly increase your business's value. Consider investing in professional web design and branding services to enhance your business's appeal.

Legal Documentation: Ensure all your legal documents, such as business licenses, contracts, and intellectual property rights, are in order. Potential buyers will conduct due diligence, and any legal discrepancies could derail the sale.

2. Determine the Value of Your Business

Valuing an eCommerce business is a complex process that involves multiple factors. The most common valuation method is a multiple of your annual net profit, but other factors can influence the final price:

Revenue and Profit: Consistent and growing revenue, along with healthy profit margins, are key indicators of value.

Customer Base: A large, loyal customer base with low churn rates adds significant value to your business.

Market Position: How well does your business stand out in its niche? A strong market position with potential for growth can attract higher offers.

Growth Potential: Buyers are interested in the future potential of your business. Demonstrating a clear path for growth, such as expanding product lines or entering new markets, can increase your valuation.

Consider hiring a professional business broker or valuation expert to help you determine a realistic asking price.

3. Find the Right Buyer

Finding the right buyer is critical to the success of the sale. There are several types of buyers to consider:

Strategic Buyers: These are companies or individuals in your industry looking to expand their market share or acquire new capabilities. They may pay a premium for businesses that complement their existing operations.

Financial Buyers: Private equity firms or investors looking for profitable businesses with growth potential fall into this category. They typically focus on the financial performance of your business.

Individual Buyers: These are entrepreneurs or aspiring business owners who see value in taking over an established business.

To find potential buyers, consider listing your business on online marketplaces, reaching out to your industry network, or working with a business broker who can connect you with qualified buyers.

4. Negotiate the Sale

Once you’ve found a potential buyer, the negotiation process begins. This phase is crucial, as it will determine the final terms of the sale. Key aspects to negotiate include:

Purchase Price: This is the most obvious point of negotiation, but it’s not the only one. Be prepared to justify your asking price based on your business’s financials and growth potential.

Payment Terms: You may receive the full payment upfront, or the buyer might propose an installment plan. Consider the tax implications and risks associated with different payment structures.

Transition Period: Many buyers will request a transition period where you stay on to help manage the business during the handover. Define the duration and scope of your involvement during this period.

Non-Compete Agreement: Buyers may ask you to sign a non-compete agreement, which would prevent you from starting a similar business in the same industry. Ensure the terms are reasonable and won’t limit your future opportunities.

5. Close the Deal

Once all the terms are agreed upon, it's time to finalize the sale. This involves:

Drafting the Purchase Agreement: Work with a lawyer to draft a purchase agreement that outlines all the terms of the sale, including the purchase price, payment terms, and any contingencies.

Due Diligence: The buyer will conduct a thorough review of your business, including financials, operations, and legal documentation. Be prepared to provide all requested information promptly.

Transfer of Ownership: After due diligence is complete and both parties are satisfied, the final step is the transfer of ownership. This includes transferring all business assets, such as inventory, intellectual property, and customer data, to the buyer.

Post-Sale Transition: If a transition period was agreed upon, ensure a smooth handover by providing the necessary training and support to the new owner.

6. Celebrate Your Success

Selling your eCommerce business is a significant achievement. Take the time to celebrate your success and reflect on the journey that brought you here. Whether you're moving on to a new venture or enjoying the fruits of your labor, you’ve accomplished something remarkable.

Conclusion

Selling your eCommerce business in 2024 requires careful planning, strategic thinking, and a clear understanding of the market. By following these steps, you can maximize the value of your business and ensure a successful sale. At Imagency Media, we understand the importance of a well-executed exit strategy. If you're considering selling your business and need assistance with branding, web design, or preparing your business for sale, we're here to help.

Take the next step today. Contact Imagency Media to learn how we can support you in maximizing the value of your eCommerce business and ensuring a successful sale.

This article serves as a valuable resource for eCommerce business owners looking to navigate the complexities of selling their business in 2024. By following these guidelines, sellers can approach the process with confidence and increase their chances of securing a profitable and smooth transaction.

[hubflo1]

Exploring the 150 Oxford Drive, Tenafly NJ 07670 Purchase Price

When considering a property in Tenafly, New Jersey, the address 150 Oxford Drive stands out due to its desirable location and appealing characteristics. Tenafly, situated in Bergen County, is renowned for its excellent school system, charming neighborhoods, and proximity to New York City, making it a coveted area for prospective homebuyers. In this overview, we’ll delve into various factors that influence the 150 Oxford Drive, Tenafly NJ 07670 Purchase Price , offering a comprehensive understanding of what potential buyers might expect.

Property Overview

150 Oxford Drive is nestled in one of Tenafly’s picturesque and well-established neighborhoods. The property’s location is integral to its overall value, benefiting from the town’s serene environment while maintaining convenient access to major metropolitan areas. Known for its tree-lined streets and upscale homes, this neighborhood is highly sought after by families and professionals alike.

Factors Influencing Purchase Price

Several factors play a crucial role in determining the purchase price of a property like 150 Oxford Drive. These factors include the size and condition of the home, the lot size, architectural style, and recent market trends. Additionally, proximity to local amenities, such as schools, parks, and shopping areas, significantly impacts the value.

1. Size and Condition

The size of the home, including the number of bedrooms and bathrooms, square footage, and overall condition, is a primary determinant of its purchase price. At 150 Oxford Drive, Tenafly NJ 07670 Purchase Price prospective buyers will find a well-maintained residence that reflects quality craftsmanship and modern updates. The condition of the home, including recent renovations or upgrades, also affects the pricing. Well-maintained homes or those with recent renovations typically command higher prices.

2. Lot Size and Outdoor Space

The lot size of 150 Oxford Drive contributes to its value, offering ample outdoor space that enhances the property’s appeal. Larger lots provide additional privacy and room for outdoor activities, which can be a significant selling point. The presence of landscaped gardens, patios, or pools further enhances the attractiveness of the property, potentially increasing its purchase price.

3. Architectural Style and Features

The architectural style and unique features of 150 Oxford Drive also influence its market value. Whether it is a modern design, a classic colonial, or a contemporary style, the aesthetics and functionality of the home play a role in setting its price. Features such as high ceilings, open floor plans, and luxury finishes can add to the property’s overall value.

4. Market Trends and Comparable Sales

Market trends in Tenafly and recent sales of comparable properties provide insight into the expected purchase price of 150 Oxford Drive. Real estate markets can fluctuate based on economic conditions, interest rates, and housing demand. By analyzing recent sales of similar homes in the area, potential buyers and real estate professionals can gauge a reasonable price range for the property.

5. Local Amenities and School District

The appeal of 150 Oxford Drive is enhanced by its proximity to local amenities and the highly regarded Tenafly School District. Access to top-rated schools, parks, recreational facilities, and shopping centers adds value to the property. Buyers often prioritize locations with strong educational institutions and convenient amenities, which can drive up the purchase price.

Current Market Analysis

To provide a more specific estimate of the purchase price for 150 Oxford Drive, it is essential to consult recent real estate listings and market analyses. Real estate agents and online property valuation tools can offer up-to-date information on the current market conditions and pricing trends in Tenafly. These resources can help potential buyers understand the current value of 150 Oxford Drive relative to other properties in the area.

Conclusion

The purchase price of 150 Oxford Drive, Tenafly, NJ 07670, is influenced by a combination of factors including the size and condition of the home, lot size, architectural style, and current market trends. Tenafly’s attractive neighborhood, excellent schools, and proximity to New York City further enhance the property’s value. For the most accurate and current pricing information, potential buyers should consult with real estate professionals and review recent market data.

Whether you are looking to invest in a family home or seeking a property in a desirable area with excellent amenities, 150 Oxford Drive, Tenafly NJ 07670 Purchase Price offers an opportunity to explore the appealing aspects of Tenafly real estate. By understanding the various elements that affect its purchase price, you can make an informed decision and take advantage of the many benefits this property has to offer.

[buyresidentialpropertiesindubai]

Understanding Your Home Loan Options in Dubai

Dubai offers a variety of home loan options to suit different needs and preferences. This guide will help you understand the available home loan options in Dubai and how to choose the best one for your situation.

For more insights into Dubai's home loan options, visit home loan dubai.

Types of Home Loans in Dubai

Fixed-Rate Mortgages: Fixed-rate mortgages have a consistent interest rate for the entire loan term, providing stability in monthly payments.

Variable-Rate Mortgages: Variable-rate mortgages have interest rates that can fluctuate based on market conditions, potentially offering lower rates initially but with more risk of rate increases.

Offset Mortgages: Offset mortgages link your savings account to your mortgage, reducing the interest you pay by offsetting your loan balance with your savings.

For more information on purchasing property, explore Under-Construction Properties in Dubai.

Factors to Consider When Choosing a Home Loan

Interest Rates: Compare the interest rates offered by different lenders. Consider whether a fixed or variable rate suits your financial situation better.

Loan Tenure: The length of the loan term can affect your monthly payments and the total interest paid. Shorter terms typically have higher monthly payments but lower overall interest.

Fees and Charges: Be aware of any additional fees such as processing fees, valuation fees, and early repayment fees. These can add to the cost of your loan.

For rental properties, visit Apartments For Rent in Dubai.

Steps to Apply for a Home Loan

Pre-Approval: Get pre-approved for a home loan to understand your borrowing capacity and show sellers you are a serious buyer.

Submit Application: Gather all required documents and submit your home loan application to your chosen lender.

Loan Approval: Once your application is reviewed, the lender will approve or reject your loan. If approved, you will receive a loan offer outlining the terms.

For mortgage options, explore Best Mortgage Services.

Managing Your Home Loan

Monthly Payments: Ensure you budget for your monthly mortgage payments alongside other expenses. Set up automatic payments to avoid missing due dates.

Refinancing: If interest rates drop or your financial situation improves, consider refinancing your loan to secure better terms.

Maintain Good Credit: Continue to maintain a good credit score by paying your bills on time and managing your debts responsibly.

For property sales, visit Villas For Sale in Dubai.

Real-Life Success Story

Consider the case of Michael, who successfully secured a home loan in Dubai. By carefully researching his options and choosing the right type of loan for his needs, Michael was able to buy his dream home. His thorough preparation and understanding of the process were key to his success.

For more success stories, visit home loan dubai.

Future Trends in Dubai's Home Loan Market

Technological Integration: The use of technology in the home loan process is increasing, with online applications and digital documentation becoming more common.

Sustainable Investments: There is a growing trend towards sustainable and eco-friendly properties, which may influence future loan offerings and terms.

Market Growth: Dubai's real estate market is expected to continue growing, providing more opportunities for homebuyers and investors.

For property sales, visit Villas For Sale in Dubai.

Conclusion

Understanding your home loan options in Dubai is crucial to making an informed decision and securing the best loan for your needs. By following this guide and staying informed about market trends, you can successfully navigate the home loan process and achieve your goal of owning a home in Dubai. For more resources and expert advice, visit home loan dubai.

[cooganbegs-blog]

Proposed sale of business and assets

Thank you for your continuing support of TY.

In the aftermath of COVID, the Company raised a convertible note in May 2022 to fund the business to enter the US market. The intention was to demonstrate traction in the US growing season to support a Series B capital raise in late 2023.  

The planned raise did not prove possible and at the time the Company informed shareholders that the capital markets were very challenging, a situation made worse in the US with the collapse of Silicon Valley and First Republic Banks.

Investors remain risk averse and valuations are constrained. Investors are prioritising profitable companies rather than potential growth companies. The Yield which has material ongoing investment requirements to further develop its platform technology and operates in an industry where adoption has proved slow for a variety of reasons.

TY revenue growth has been adversely affected by the difficult weather conditions faced by the industry in Australia and New Zealand over the last couple of years and slower than expected traction in the US. La Nina caused widescale flooding across eastern Australia in 2022 which negatively affected specialty crop producers. In response to this, the Company made a decision to focus on the NZ market whilst Australia recovered, only to then have the entire Hawkes Bay area wiped out by a cyclone. The impact on growers and the community has been devastating. This resulted in key contracts under negotiation being put on hold while the industry focused on recovery.

As a result, the business has experienced difficulties  in achieving sales targets. In specialty crops the impact of inflation has also both depressed demand for their produce as well as driven up input costs.

In 2023 TY Board consulted major shareholders having failed in its attempts to raise capital. At the time the best option to enable the company to continue was to accept a further convertible note from YAM. Since that time the Company has made progress with its technology and has built a presence in the US market but revenue has not materialised at the expected rate.

The Board has been in active discussions with large Shareholders to determine at path forward in the current difficult circumstances. In addition, the Board sought advice from firms specialising in capital raising in both Australia and US on alternative options to finance the business, none of which proved successful.

Following discussions, the Board received an offer from YAM to acquire the assets of TY. Whilst the Board’s preferred approach was to sell the company and potentially enable shareholders to continue to maintain an interest in the business, YAM’s strategy is to acquire the assets and include TY technology in its global agriculture platform.

The Board commissioned Leadenhall to undertake an independent valuation of the business and Leadenhall valued the business between $17 – $30 million with a recommended range of $25 – $30 million.  The YAMoffer values the Company’s assets at $27M which is the higher end of the range and matches the cap in the 2023 Convertible Notes.

The Board retained Grant Thornton to conduct an analysis of the financial alternatives available and the conclusion was that the YAM offer was the best outcome for shareholders, creditors, employees and customers, compared to the alternative of placing the company into voluntary administration.

After due considerations by the Board of the options available to the Company, on 30th  April 2024 the Company signed a conditional Asset Purchase Agreement (Asset Purchase Agreement or APA) with entities associated with YAM (Purchasers), under which the Company agreed to sell to the Purchasers the business and assets of the Company (other than certain excluded assets which will be retained by the Company (Excluded Assets)), subject to certain conditions being satisfied (including obtaining the requisite shareholder approval) (Proposed Transaction).

A summary of the key terms of the Asset Purchase Agreement is set out in Attachment 1.

The purchase price payable by the Purchasers for the business and assets under the Proposed Transaction is A$27,000,000 (Purchase Price), which will be satisfied as follows:

* each of YAM (YAM Noteholders), accept the transfer of such business and assets to the Purchasers in satisfaction of YAM rights to receive a redemption payment under their convertible notes (this will be approximately A$23,975,509 as at 30 June 2024) (YAM Redemption Amount); and
 

* the remaining amount of the Purchase Price less the YAM Redemption Amount will be paid in cash to the Company at Completion.

Under the Proposed Transaction, on completion of the Asset Purchase Agreement (Completion) the Company will pay the other holders of Notes (i..e excluding the YAM Noteholders) (Minority Noteholders) a redemption payment equal to the principal plus interest on those Notes up to the proposed Completion date. The Company will then use the Excluded Assets, to cover certain remaining liabilities of the Company which are not assumed by the Purchasers as part of the Proposed Transaction (Excluded Liabilities). To the extent that the Excluded Assets are insufficient to cover the Excluded Liabilities and other post-Completion liabilities of the Company, the Purchasers have agreed to cover such liabilities up to an amount of A$1,000,000.

It is contemplated that shortly after Completion, the Company will be wound up by way of a members’ voluntary liquidation. We expect a small distribution to shareholders in accordance with the preference waterfall. This likely means only A3 shareholders will receive any return.

Having considered the current circumstances of the Company and the lack of other viable options in a difficult economic environment, the Directors are of the opinion that the Proposed Transaction is in the best interests of the Company as a whole as:

(a)  it would allow the business of the Company to continue to be operated under the ownership of the Purchasers;

(b)  under the APA, one of the Purchasers will agree to make offers of employment to substantially all of the employees of the Company;

(c)  as part of the Proposed Transaction, YAM will agree that the transfer of the business and assets to the Purchasers will be in full satisfaction of YAM rights to receive redemption payments that they would otherwise be entitled to upon Completion occurring, and YAM would waive any other right of payment under the Note Deed Polls;

(d)  the purchase price for the sale of the business and assets to the Purchasers have been negotiated on arm’s length terms and based on an independent valuation and the valuation cap;

(e)  the purchase price would include a payment of approximately $3 million by the Purchasers to the Company at Completion of the APA with an expected small distribution to shareholders;

(f)  following Completion, the Company would be able to be wound up in an orderly manner.

Following below is a summary of the key terms of the Asset Purchase Agreement.

Shareholder Approval Provided

Under the Shareholders Deed (clause 6.3.1), the Company must not effect, or authorise or approve, the sale, transfer or other disposition of all or substantially all of the Company's and its subsidiaries’ assets or intellectual property, taken as a whole, by means of any transaction or series of related transactions (except to a wholly-owned subsidiary of the Company), without the written approval of the holders of a minimum of 65% of the Series A3 Preference Shares on issue.

The assets proposed to be sold by the Company to YAM under the Asset Purchase Agreement comprise substantially all of the Company’s assets and intellectual property, taken as a whole.

Accordingly, the Company sought and received the approval of the holders of a minimum of 65% of the Series A3 Preference Shares on issue to the Proposed Transaction for the purpose of clause 6.3.1 of the Shareholders Deed. There is no other approval required from other shareholders for the Proposed Transaction.

Next steps

TY and YAM are working through the various conditions precedent to close the deal. We expect that will happen no later than the 30th June 2024. Once the assets are transferred TY will be wound up via a Members Voluntary Liquidation. You will be notified once Completion of the Proposed Transaction has occurred, and your approval (as required by the Corporations Act 2001 (Cth)) for the Members Voluntary Liquidation will be sought at that time.

(Names changed, you can never be too sure)

[xchief-global]

🔥 «Smart Money»: Why Buffett Won't Buy Tesla

Musk missed again: his media arrogance did not bring profit. After information about the sale of Apple’s shares, Berkshire Hathaway offered "old man Warren" to purchase Tesla shares, to which he received a polite but clear refusal from the fund’s managers. ⠀ "This is an obvious step!" Musk wrote in a post on X, suggesting that he combine his claims to technical leadership with the business wisdom of a market guru. "We only buy what we like," Buffett once again said. ⠀ Recall: Buffett is committed to a long-term strategy of investing in companies that he understands well and that have strong financial performance. Such shares must have:

low price-to-book ratio and positive beta tests,

high dividend payout ratios and profit growth rates. ⠀ Alas, Tesla, along with its growth potential, has an extremely high degree of risk, minimal stability, and meets only one of the necessary criteria. Additionally, Berkshire Hathaway prefers to invest in companies with low to moderate valuations, while Tesla shares have experienced significant growth in recent years and traded at fairly high multiples. ⠀ Finally, Buffett may simply not see the profit potential in Tesla or not share the global vision of the company's management. So it's unlikely that Tesla stock will be the "accidental big opportunity" that the guru mentioned at Berkshire Hathaway's last annual meeting. ⠀ By the way, only in 2014, instead of his old 2006 Cadillac DTS, Buffett bought a Cadillac XTS for $45,000. Moreover, according to his admission, he made this purchase under pressure from his daughter, who stated that it was simply a shame for the business tycoon to drive an old car. He still uses this traditional car and has no intention of changing anything. ⠀ I just don't like you, Elon Musk. And Tesla is yours too.

[zamazzka]

How to calculate the potential return on real estate investments: key indicators and valuation methods

Investing in real estate is one of the most popular ways to invest capital. The potential return on real estate investments can be calculated using various methods and indicators.

The main indicators for assessing the potential return on real estate investments include:

Rental income. This is the main source of income from real estate investments. Rental income is calculated as the difference between total rental income and operating expenses.The increase in value. An increase in the value of real estate means a change in the market value of a property as a result of rising prices on the market. It can also be calculated as the difference between the purchase price and the sale price of the property.Taxes and expenses. Taxes and expenses include all operating expenses such as property taxes, insurance, property management and maintenance.The total cost of the investment. This indicator includes the cost of buying real estate

[tomorrowusa]

A Conservative politician is making millions off of slavery 190 years after slavery was abolished in Britain and its territories.

Tory Richard Drax comes from a filthy rich family notorious for having established the model for slave-based sugar plantations in the Caribbean in the 1620s. Even by the standards of a slave-based economy, the record of the Drax family was appalling.

The Barbados plantation was worked by up to 327 slaves at a time, with the death rate for both adults and children high. Sir Hilary Beckles, chairman of the 20-state Caribbean Community’s (Caricom) Reparations Commission and vice-chancellor of the University of the West Indies, estimates that as many 30,000 slaves died on the Drax plantations in Barbados and Jamaica over 200 years.

Thanks largely to their their ill-gained riches, the Drax family owns a 700 acre walled estate in Dorset which includes a deer park. And apparently they are getting even richer.

Despite threats to make Richard Drax pay reparations and seize his family’s plantation – described by one historian as a “killing field” of enslaved Africans – the government is now planning to pay market value for 21 hectares (about 15 football pitches) of his land for housing. The move has angered many Barbadians, especially those who say the Drax family played a pivotal role in the development of slavery-based sugar production and the Barbados slave code in the 17th century. This denied Black Africans basic human rights, including the right to life. Critics have called the planned deal an “atrocity” and said this is “one plantation that the government should not be paying a cent for”. Trevor Prescod, MP and chair of the Barbados National Taskforce on Reparations, said: “What a bad example this is. Reparations and Drax Hall are now top of the global agenda. How do we explain this to the world? “The government should not be entering into any [commercial] relationship with Richard Drax, especially as we are negotiating with him regarding reparations.”

It's baffling why the Barbadian government would enter into such a deal.

Drax, the MP for South Dorset, travelled to Barbados to meet prime minister Mia Mottley. It is understood he was asked to hand over all or a substantial part of Drax Hall plantation. If he refused, legal action would follow. Mottley’s spokesperson said the current Drax Hall purchase was not linked to reparations and the government “constantly acquires land through this process”. Mottley has pledged to build 10,000 new homes to meet demand on the island, where there are 20,000 applications for housing. A senior valuation surveyor said the market value for agricultural land with an alternative use for housing would be about Bds$150,000 (£60,000) an acre. At this price, the 21 hectares could net Drax Bds$8m (£3.2m). The land would be for 500 low- and middle-income family homes, which would be for sale.

I'd just grab the land and pay Drax a token £1 just so he legally can't claim he wasn't compensated at all for the transfer.

Barbados poet laureate Esther Phillips, who grew up next to Drax Hall, said the planned deal was an “atrocity” and a case of the victims’ descendants now compensating the descendant of the enslaver. “He should be giving us this land as reparations, not further enriching himself … at the expense of Barbadians. As Barbadians, we must speak out against this.”

And with the reported thousands of deaths during the 200+ years of slavery at the Drax plantation, how many people will be comfortable with the idea that their new home is built on what was essentially a forced labor camp which became a model for regional slavery? Isn't the Drax property on Barbados a large cemetery?

[danyvcollins8]

Antique Auction Guide: What to Know About Buying & Selling

You’re at an antique auction. You feel the thrill of potential discovery in every item up for bid. But how do you know what’s worth your money or just old trash?

If selling is more your game, can you spot a hidden gem among Grandma’s heirlooms that others would dream of owning? This guide aims to unravel these mysteries by offering insights into buying and selling antiques effectively. Dive right in; let this be your road map through the exciting world of antique auctions!

Types of Antiques Offered at Auction in Clearwater, FL

From vintage furniture to remarkable pottery pieces, every auction offers a unique selection that’s sure to impress antique lovers. It is quite common for people to find Chinese Ming Dynasty pottery and Art Nouveau jewelry while browsing furniture pieces from the Victorian era or items from mid-century modern tables. Moreover, these scavengers often discover a plethora of aged wine bottles from Europe.

On your next trip, finding classic chandeliers with intricate detailing dating back centuries could be possible! Even sports memorabilia make their appearance in auctions sometimes. This includes autographed baseball cards and historic match tickets.

Stay eager because comic books that bring waves of nostalgia can also spring surprises, along with old-world paintings stirring profound emotions! It just showcases how diverse and versatile Clearwater’s antique offerings are, providing endless opportunities worth exploring for everyone interested!

Tips for Buying at an Antique

Diving into the world of antiques can seem daunting, but remember, knowledge is power. You must understand that in Clearwater, Florida, auctions, online platforms usually charge lower premiums compared to direct auction services, and this could save you a significant amount. The price range for items at an auction varies widely; some may be surprisingly affordable, while others might reach astronomical figures.

Keep yourself updated with prices through regular research so as not to overpay or underbid for artifacts. Are there hidden costs? Sellers pay what’s called ‘seller premiums,’ which are fees based on a percentage of the final sale cost. Buyers, too, have their share known as ‘buyer premiums.’

A key term you should know about is ‘reserves’. A reserve is a minimum acceptable bid amount set by the seller. Sellers reserve the right to withhold a sale if bids do not meet this reserve number. However, they still have to pay listing fees regardless of whether a sale occurs or not.

Remember: Bidding requires registration, so ensure your paperwork is done correctly before hitting any auction houses!

Determining Your Budget Before Shopping Antiques

While venturing into Clearwater’s antique market, take steps to set your financial limits. This precaution prevents costly mishaps, as antiques can range from moderately priced to astonishingly expensive. Before shopping for antiques, you have two tasks: understand the general price range of desired items and decide what you’re willing to spend.

Research helps in both areas. Identify reputable online platforms that offer an idea of current pricing trends for various antiques. Consider enlisting a professional appraiser who specializes in your area of interest for a more personalized budget estimation. They provide precise valuations that aid in making informed decisions about potential purchases or even sales later. Remember, though: while setting out hunting relics with deep pockets may seem appealing, respect your personal spending boundaries regardless of how enticing that vintage piece looks.

Don’t let perceived value override established monetary confines; seek enchantment within your allotted fiscal sphere.

Selling Your Own Antiques at an Auction House in Clearwater, FL

When planning to sell your own antiquities at an auction house in Clearwater, FL, there’s a clear process you can follow. First, connect with the auction house staff so they’re aware of your interest. They will inform you about upcoming auctions and provide catalogs for them.

Next, inspect properties alongside a knowledgeable professional, such as a builder or handyman. This way, all necessary repairs can be accounted for before making pricing decisions. Procuring legal packs from the auctioneer may also prove fruitful, giving comprehensive insights into each available property.

This means no hidden surprises later down the line! However, swift action remains crucial due to the short periods between catalog releases and actual auctions.

Remember that setting budgets precedes any other step. Understanding how much renovation costs might be, plus knowing payment methods, adds value, too! Lastly, but importantly, don’t overlook those terms and conditions paperwork. Stay familiarized with what needs to be paid without any nasty surprises on D-day.

Essential Expert Advice when Attending Auctions In Clearwater, FL

Auction catalogs come out a month beforehand, so use this time wisely. Investigate the item of interest by researching its history, condition, and value range. Additionally, obtain information about any associated costs, such as set fees or percentages owed to the vendor or auction house. These expenses can add up quickly if they are not taken into account, so be sure to factor them in when making bids at Clearwater auctions.

Always have sufficient funds for deposits, usually around 10%, since failure to provide that could lead you into legal trouble with sellers.

Therefore, avoiding relying solely on selling items at an auction is important. This is because vendors always set a reserve price, which is the minimum acceptable bid they must receive for them to sell the item. As such, there is no guarantee that items will always be sold through auctions.

Additionally, be cautious while referring to guide prices provided by auction houses; they’re often lower than the actual worth to boost public attention, but they might misdirect you when setting your budget limit.

Common Mistakes to Avoid During the Antique Buying & Selling Process

Your attitude during the negotiation plays a vital role. Approaching dealers with respect ensures they will be more receptive in their responses. People may believe that haggling is a must during this process. Unfortunately, this assumption can lead to misunderstandings or neglected opportunities for discovering good items at fair prices.

When you pressure an antique dealer into dropping the price drastically, it may seem unfair and disrespectful toward their expertise and business expenses. Don’t let reality TV fool you, either! Those massive discounts stay confined primarily to television sets as part of scripted deals rather than actual transactions on the ground. So, keep expectations realistic!

Credits: https://blackwellauctions.com/antique-auction-guide-what-to-know-about-buying-selling/

Lastly, remember one man’s trash might just turn out to be another’s treasure. Targeting lower-priced antiques alone won’t suffice. Instead, focus on finding pieces that resonate personally. Striking a balance between taste and affordability should remain your goal.

Navigating the exciting world of antique buying and selling shouldn’t be intimidating. Knowledge is power; knowing what items to look for, understanding the auction process, and acting promptly are key. Always remember that every art piece has a story; your goal should be discovering its worth, considering its historical value.

[cardwellthaxton]

📢A Current Appraisal Supports Your Asking Price🏡

If you're selling your home, how can you be sure the asking price is accurate? Did you take the advice of a real estate agent, ask around in the neighborhood, or even check the most current tax assessment? While all of these methods can be helpful, the most reliable way to know is to get a listing appraisal.

A listing appraisal from Tight & Right Real Estate Valuation is a full appraisal of your property similar to one a buyer would receive on the purchase of your home, but with a few additional benefits for you:

You'll know the most realistic asking price so you don't lose out on potential profits or sit on the market longer than necessary

You'll make yourself aware of any problems and eliminate last-minute repair hassles that might delay a closing

You'll have all the current market data with verified status of all the comparable sales so you can differentiate your property from other properties on the market A listing appraisal from Tight & Right Real Estate Valuation gives you an expert opinion, an opinion that is unbiased.

Call us to learn more about our company and to place your order online.

We look forward to doing business with you.

Tight & Right Real Estate Valuation Cardwell Thaxton, New Jersey 📲(908) 456-1593 📧CardwellThaxton@gmail.com