#1 | BURBANK BLVD | VALLEY VILLAGE | 22 UNITS | SOLD FOR $5,420,000
JMLREG was referred to 4 siblings (sellers) who inherited Burbank Blvd, which had been in their family since it was purchased from theoriginal developer over 50 years prior. After interviewing many different agents and brokerages options such as Marcus & Milichap /CBRE, the ownership decided to move forward with JMLREG. When asked why, it was expressed that JMLREG came through as anexperienced and honest brokerage option that seemed to be willing to work with the sellers to achieve the best price and termspossible without trying to simply tell them what they wanted to hear to secure another listing. Over the years, the Sellers hadreceived unsolicited offers in the $5M to $5.2M range. Through tailored marketing and brokerage cooperation, JMLREG was able to sellthe property for $5,420,000 as well as passed thru savings from vendors and negotiated that the Seller would NOT have to pay for orcomplete any government requirement(s)/retrofit increasing their net proceeds. At JMLREG, we believe that we are all more successfulif we strive towards a common goal, rather than individual interests. Our goal, is to serve you, our client, at the highest level possible.
On behalf of myself and my siblings, I wanted to thank you for your tireless effort on our behalf, as the selling agent for our Apartment building. From the valuation and recommended listing price, to negotiating the fine details with the buyers agent, we appreciated your insight, wisdom and clear explanations of the process, so that we were able to make good decisions. As you know, we had very little experience in the world of commercial/multifamily real estate. After going through the transaction with you, I feel like the process was really demystified. This has a lot to do with time you took to explain what was going on at each stage of the transaction. I would recommend your services wholeheartedly to any family or group needing to sell or purchase real estate, since I feel we got the best result from our sale that we could have.