Our proven process is built to maximize the value of your property, minimize surprises, and guide you from consultation through closing. Here’s what it looks like to work with us:
Step 1: Free Consultation Call
We begin with a quick 15-minute call to learn about your goals, timeline, and needs. You’ll also get a high-level overview of our services, fee structure, and how our marketing platform connects you with a deep network of qualified buyers.
Step 2: Property Intake & Financial Review
You’ll complete a simple intake form (15–20 minutes) covering key details: number of spaces, utilities, rental structure, and operations. You’ll also provide recent P&Ls, rent rolls, and capital improvements so we can build a complete financial snapshot.
Step 3: Professional Underwriting & Analysis
Our in-house underwriting team reviews your operations and financials to determine metrics like NOI, occupancy, expenses, and market rent comparisons. We also gather soft debt quotes to help buyers understand financing options and drive more competitive offers.
Step 4: Broker Opinion of Value & Go-to-Market Plan
We present our findings in a review call, including an opinion of value, current market positioning, and a detailed go-to-market (GTM) strategy. You’ll walk away with a clear understanding of your property’s value and a roadmap to sell.
Step 5: Engagement Letter & Launch Meeting
Once aligned on pricing, terms, and strategy, you’ll sign an engagement letter. We then hold a launch call to cover:
✅ Your custom marketing package
✅ Buyer targeting strategy
✅ Reporting cadence and communication expectations
✅ Timeline from launch through closing
Step 6: Marketing, Outreach & Negotiation
We execute the marketing strategy immediately — leveraging our national buyer network, outbound campaigns, proprietary CRM, listing platforms, and broker relationships. Our team actively fields inquiries, gathers offers, and negotiates the best terms on your behalf.
Step 7: Contract to Close
Once we secure a qualified buyer, we manage every stage of closing:
✅ Contract negotiation and execution
✅ Escrow and earnest money
✅ Buyer due diligence and inspections
✅ Third-party reports (surveys, environmental, appraisal)
✅ Lender coordination and timeline management
We coordinate all moving pieces — from lenders and inspectors to buyers and attorneys — ensuring deadlines are met and surprises are avoided.
Ready to Sell or Explore Your Options?
Reach out today for a free consultation and discover how North Star can help you maximize the value of your outdoor hospitality property.
