Selling commercial property is a pretty different process from selling residential property—commercial properties house tenants who are often retail businesses. Before selling your property, there are a few things you should know. Patience is critical throughout the selling process. If you are interested in selling your commercial property, take the following steps to ensure a successful sale. (more…)
Posts Tagged ‘ Commercial Sales ’
Commercial real estate investors have a lot of options. They can specialize in multiple types of CRE, including office buildings. One type of office building that one might overlook is the business park. Are business parks obsolete? Will remote work and virtual service overshadow this form of real estate? Not at all! Here are several perks inherent to the business park.
Whenever you make a big purchase, you take a risk, whether you are buying a home, buying a car, making a business investment, or buying a commercial property. In any of these situations, you would naturally be wise to limit your risk as much as possible. In personal purchases, this means doing as much research into the product or company as possible. In real estate investing, that research means underwriting, a crucial process for any investor to practice.
The coronavirus has affected every industry and every person in some way or another, and sadly, commercial real estate is also taking a hit. Businesses continue to reopen in Maryland as cases slowly fall, but some business locations are likely to diminish.
One of the first things to know about investing in commercial real estate is what commercial real estate is. This type of real estate covers a broad range of properties, typically divided into five categories. Each category has its own subdivisions. Learn about all the types of commercial real estate so you can start your investing journey on the right foot.
The world of commercial real estate can be a tricky one to navigate, even for a seasoned business owner. After all, commercial leasing can be a complicated process, requiring plenty of research to make sure that your property will meet all the needs of your business while fitting into your budget. Commercial real estate brokers are experts in their field and are a valuable partner for navigating commercial real estate. But choosing the right commercial real estate broker for your business can be overwhelming. It doesn’t have to be! Here are some of our tips on what you should look for when choosing the right commercial real estate broker to help you every step of the way.
Whether your a successful residential salesperson or a newcomer, entering the world of commercial real estate sales can be a daunting but exciting task whether you’re in Maryland, Virginia, West Virginia or Pennsylvania commercial sales being prepared for the surprises that are undoubtedly bound to happen. Knowing the right moves can make the difference between success and running around not knowing what to do next. In this post, we will go over a few tips to be a successful commercial sales representative. (more…)
Your commercial property is just getting to be too much for you to handle. From finding new tenants to maintenance, it is just too much to do and it is now time to sell. But how do you go about selling your commercial property? Unlike selling a home, you will need to do some things differently. Let’s take a look at some tips for selling your commercial property. (more…)