- 6 - the assessed value of the parcel designated folio 3143.5 was $110,240, or 23.32 percent of the total. In late 1989, Mr. Sirmans signed an exclusive listing agreement with Mr. Joe Wegman of Wegman Associates, Inc., Realtors (Wegman Realty), a company that had been in existence for over 30 years. Wegman Realty placed signs on the property and engaged in direct mail advertising in an attempt to sell the property. For the so-called dry land, Wegman Realty set the purchase price at $25,000 per acre. Despite Wegman Realty's marketing efforts that included showing the land to approximately 200 persons, no offer to purchase the property was received. In January 1990, shortly after signing the exclusive listing agreement with Wegman Realty, Mr. Sirmans learned that Hillsborough County was planning to acquire a portion of the decedent's land for a road project. Mr. Sirmans hired an attorney, Mr. George Phillips, to represent him before the County and at public hearings. In February 1990, Mr. Phillips sent Mr. Sirmans a letter which stated that there was virtually no chance of selling the property during the time it would take for the County to consider the road project. One of the "chief difficulties" that Mr. Wegman had in marketing the property was the fact that the road right-of-way was not definite and, as Mr. WegmanPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011