Selling commercial property is completely different to selling residential buildings. It’s important that you hire skilled commercial property agents to market and assist with the sale of your building. There are certain things that you can do to assist the agent.
Should I sell it Myself?
Some people will try to sell commercial properties personally without having to involve an agent. This seems like a brilliant idea because they will save money in commission fees. However, this may also mean that you won’t be able to sell the property for as much money as you will with an agent.
Selling a property yourself might appear to be a very good way of saving some money. The trouble is that it will actually take you much longer to sell. You will need to carefully advertise, promote and show people around the building. All of this is time consuming and can be difficult.
Selling Quicker with an Agent
If you find commercial property agents then you should be able to sell your property quicker. A commercial agent will also have a very good understanding of the market and how much your building is worth. This will mean that you can get the most money for your commercial unit.
The speed at which your property sells will depend on its condition. If the industrial unit is in poor cosmetic condition then it might be affecting your ability to sell it. Consider spending a few hundred dollars painting and renovating quickly. This will make it much simpler to sell.
Finding Commercial Agents
Residential real estate agents aren’t really suitable to sell commercial properties. You should find a specialist commercial estate agent as they will offer you a much better service. They will also have many more business contacts who might be interested in purchasing the property.
Finding commercial property agents is very simple. You can look on the internet, or browse through newspapers. When comparing the different agents available, you must ensure they will sell your property as quickly as possible. Take a look at their website to gauge how professional they are.
Most commercial properties are sold using websites these days. This only works well if the websites are professional and easy to use.
When you are choosing commercial property agents, it is very easy to only consider the cost. You might want to choose the cheapest agent available as this will save you money. However, the problem with choosing the cheapest is that it isn’t always the right move.
You need to find the best value commercial property agents for you and your property. Choosing a national agent will suit most business properties as then they can be sold to anyone out of the area.