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How to sell commercial real estate

On Behalf of | Jun 16, 2022 | Commercial Real Estate

Selling real estate in California is easier than ever. This is due to some major developments in tech that have taken place in the past few years. This applies to both types of real estate, private and commercial. The key is to make the best use of the new technologies and processes so that they can help expedite sales.

Use modern methods to sell your property

Commercial real estate can be sold by making use of a wide variety of methods. There are three main methods that most sellers will have recourse to. The first is to market your property using the “For Sale By Owner” method. This is by far the slowest and least effective method that you could employ.

Another way to sell your commercial property will be to make a full and regular analysis of available off-market data. Once you have identified a few potential buyers, you can then contact them directly. This is better than simply hanging a “For Sale” sign out your door although you still aren’t guaranteed a fast sale.

Your best bet will very likely be to work with a broker that knows how to handle commercial real estate. These are the pros that can get your property listed on all of the best nationwide real estate sites. You may have to give them a cut at the end of the sale but it’s preferable to spending years on a dead market.

Working with a broker brings positive results

A commercial property broker is a skilled and experienced professional that understands how to use real estate law to the advantage of their clients. The services that they can provide to you go well beyond getting the best possible deal for your property. They can also tidy up your paperwork and get your taxes sorted out.

A broker will help price your property to make the most of existing market conditions. The commission they charge for the sale will be based on getting you the best possible return for your investment. The aid and counsel they render can be invaluable.