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