So, I'm sitting in my office today working on a CMA for a client and I get a call. A voice comes through the line and says,
"I'd like to look at homes in the Missoula area!"
Great!! I thought to myself, let's start looking for a home for him in the Missoula area and get a contract drawn up as soon as possible! I'm just getting started in the Real Estate world again and could use a deal or two!
The conversation continued...
"I'm starting a new business dealing medical marijuana." the gentleman stated.
"Ok." I said cautiously.
"It's all legal and I have an attorney to back me up. I won't be doing anything illegal or under the cover and I've been prequalified." he continued.
"What would you like to find in a house Mr. Buyer?" I asked remaining completely neutral.
"I would like at least 2 bedrooms upstairs and a big full unfinished basement. I need it to be in an area that's not too active if you don't mind. Anything in the $250,000 price range would be fine but no higher than that. Just send me a list to [email]." he said.
Now, I know how I handled this situation but how would you?
How do you think legalizing medical marijuana dispensaries is going to have an effect on house values if any?
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