In a dvm360® interview, San Diego Fetch faculty member and co-CEO of the Ackerman Group discusses how to align your goals with real estate deal terms
In this dvm360® interview, Richard Lester, MBA, co-CEO at the Ackerman Group Inc in Villanova, Pennsylvania, explains how selling your practice starts with understanding your goals. From there, you can find a buyer who can meet those goals when structuring a deal.
The following is a partial transcript of the video.
Richard Lester, MBA: So, the joke in real estate is that the top 3 things that determine the value of real estate is location, location, and location...the 3 key deal terms in selling a practice: one obviously is, what is the price? And then the second is how is that price paid?
Watch the video above to learn about all 3.