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Serving the Anchorage metropolitan area, our practice consists of real estate brokerage of commercial properties in addition to mid- to upper-end residences. Our client base includes professionals, entrepreneurs, government workers, foreign trade representatives and other investors and home owners. Niel is one of only four Alaskans with both CRS and CCIM designations, commonly known as "Realtor Ph.D's," as well as certification in representing buyers:

• CCIM: Certified Commercial-Investment Member

• CRS: Certified Residential Specialist

• ABR: Accredited Buyer Representative

• Allen F. Hainge CyberStar: Signifying excellence in cyber-savvy service

Professional Profile

A full-time A full-time real estate agent since 1983, Niel is an associate broker with Coldwell Banker Best Properties, one of Anchorage's leading firms. He always ranks among the top agents, doing 50-75 transactions per year, with annual sales volume up to $15 million.

From 1992-98 he wrote the column on real estate for the statewide business newspaper, the Journal of Alaska Commerce and Industry. The column covered a variety of commercial and residential real estate subjects of interest to Alaskan business and professional readers. The National Association of Realtors published an article he wrote for its national magazine on proper procedures for handling multiple offers on real estate. He frequently serve as a trainer of new associates and lecturer on real estate to community and professional groups.

More recently we have offered a free e-mail real estate newsletter for my clients. It goes out whenever something in the market comes up that I believe to be of general interest. This link takes you to the subscription form.

Niel is the real estate liaison to the Anchorage Population Committee, a group of demographers and economists who monitor and predict the course of the Alaskan economy. He is a former Anchorage Assembly appointee and former Vice Chairman of the Anchorage Board of Equalization, the group that hears appeals of commercial and residential property tax assessments. He is also Past President of Alaska  Multiple Listing Service, Inc.

An Alaskan resident since 1974, Niel is a graduate of Cornell University and past president of the Cornell Club of Alaska. He served under Governor Jay Hammond from 1975-82 as director of the Human Rights Commission. For a time in the early 1980's he was the only Alaskan labor arbitrator certified by both the Federal Mediation and Conciliation Service and the American Arbitration Association. He is an active participant in the Alaska Sports Academy, a professionally-coached group of Nordic skiers and triathletes. A tournament bridge player, he holds the rank of Life Master. He lives downtown, a block from Westchester Lagoon.

Commercial Services

• Commercial Real Estate Brokerage
  Small income properties, apartment buildings, commercial/retail buildings and office-warehouse facilities. Extensive experience in tax-deferred Section 1031 exchanges.

• Residential Real Estate Brokerage
  Mid- to upper-end homes and new construction. Average residential asking price in Anchorage in this decade has been in the low $300,000 range, and increasing slowly. I have marketed the products of most of Anchorage's luxury home builders.

• Corporate Relocation
  I am the Anchorage broker for various major relocation firms retained by oil companies, government agencies and other major employers. I often serve as the broker of record in representing the incoming transferee's home search. (That family occasionally becomes a commercial-investment client in Anchorage real estate also.) When the employee departs, I am often the marketing broker representing either the transferee, or the relocation service, if the third party has already acquired the property.

• Undeveloped Land
  Anchorage's land market has been largely stagnant owing to most of our vacant land in residential and commercial being built-out or unsuitably zoned for current needs. I have done many residential undeveloped deals, and commercial properties.

• Investment Analysis, Consulting
  Development of Annual Property Operating Data on an historic and broker reconstructed basis. Analysis of cash flows on before- and after-tax basis. Projections of internal rates of return and future wealth positions based on a variety of operating and disposition scenarios. Have served as expert witness concerning property valuation. My corporate clients retain me to perform needs analysis regarding their local real estate requirements.

• REO
  During the market decline and subsequent recovery an active REO market developed. I wrote our firm's successful bid to become the principal broker for the REO inventory of Alaska Housing Financing Corp. AHFC was at the time Alaska's largest residential mortgage investor. More recently I have served as principal broker for Premiere Asset Services, which handles REO work for Wells Fargo and other investors.

• Commercial Leasing
  I have represented landlords and tenants in their lease negotiations for commercial space in offices, warehouses, and office-warehouse facilities. I am one of the few commercial agents who regularly practices tenant representation while not at the same time representing the landlord.