Tuesday, July 31, 2012

How to Sell Commercial Real Estate

Selling commercial real estate is a little different than residential property. For a start, you are usually selling the property to a company rather than an individual. Most professional real estate agents can handle this type of transaction, but the best agents are those that specialize in commercial property. There is a lot of money involved in this kind of transaction, and if you are interested in becoming an agent it can make for an extremely lucrative career.

Firstly you need to ensure that your property has the correct classification as commercial real estate. This can make a huge difference, as there are different classifications for different types of property, and different rules for each classification within any given city. You should make sure you understand all of these rules and classifications for the area in which you live.

You also need to make sure you hire a solicitor and accountant to handle all the contract and tax details.

This can save you time and money and will make sure that the transaction is completed in a legal manner.

These are just a few factors to bear in mind when it comes to learning how to sell commercial real estate. There are a number of other factors in play, so take care to do your research and get all the facts in order to make a success of this career. If you simply want someone to sell your commercial property for you there are many specialist real estate agents around the country that can help!

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