When selling a commercial you might be tempted to do everything alone and save the commission you would need to pay a real estate agent. Or, you might believe it won’t make much of a difference.
Like you, there are several people who don’t want to involve a real estate agent when looking for a commercial space for sale. They try to buy properties on their own thinking it doesn’t involve a lot of detail. However, the truth is there’s a lot that goes into buying or selling a commercial property you may have not considered. Depending on your level of experience with buying or selling a property you may not know even the basics.
Below are the four reasons you should be considering hiring a real estate agent who specializes in dealing at commercial properties.
They have More Experience
You don’t have as much experience as an agent unless you sell commercial properties every day, along with whatever your usual day job is. Experience can make a big difference in getting your property sold quickly, or having to drop the price because it’s been too long on the market.
Real estate brokers are best qualified to manage the market than everyone else out there. They are experienced in buying and selling all types of commercial properties.
They are Professional Negotiators
Selling a property can be emotional. It can be a place where you would have spent years working. And if you have put a lot of work into it, you can have an extra attachment because you will recall the amount of sweat involved in doing all that work.
A realty real estate agent is removed from all of that. Their prime objective is to get your commercial property sold and they won’t hold onto emotional ties that prevent them from making a good deal if negotiations are involved.
They Understand Contacts Better
Buying commercial buildings for sale usually involves a lot of paperwork. You seller might have a real estate agent to help him complete all the paper from his side. Similarly, you are going to need someone on your side too.
A real estate agent who will help you buy a commercial property will be aware of contracts and closings. He should know what needs to be asked, and what to do if anything comes up when paperwork is signed.
They can give good Pricing Advice
Like negotiating, it can be hard to separate emotion from pricing your property. You already know how hard you’ve been working to get your property ready for sale, or the work you’ve put in over the past few years.
Agents don’t have any emotions when they are selling your property. They can help you set the right price for you property because they know the area, they know the market, and they know the comparable commercial property prices.






