June 6, 2018
Finding the right commercial real estate broker can be a real challenge, especially for those unfamiliar with the business. You want someone that you can trust to help you lease, buy or sell the best quality property while not breaking the bank. Choosing the right commercial real estate broker can be the beginning of a fruitful relationship that lasts for many years. However, choosing the wrong broker can have devastating impacts on your business and bottom line that can last a lifetime. If you are looking for commercial property for rent, you can’t go wrong engaging a broker from Rakow Group.
We have prepared the list below that details the important qualities to look for in a commercial real estate broker.
Commercial real estate is a term that refers to a broad assortment of property types and variables. Different locations can have lots of different implications, and you definitely want a broker that is an expert in the area and property type you are seeking. It shouldn’t cost you any more to find a broker that is a specialist in the particular property type you are looking for. Take the time to find someone who has experience or expertise in the specific property type and location you are looking for commercial real estate in and reap the rewards.
You want to make sure that you are working with a broker who specifically has experience dealing with commercial transactions prior to making any commitments. The commercial real estate world is very different from the residential real estate world. Often times, residential real estate brokers will branch out into the commercial world to make a little extra money. We suggest avoiding these types of brokers and going for someone who primarily deals with commercial real estate transactions.
Another important thing to consider prior to hiring a commercial real estate broker is their marketing plan. Does this broker have access to the various commercial property databases you need in order to find you the best properties available? How many websites will your property be published on if you are trying to lease or sell it? These questions are essential, especially if you are looking for commercial property for sale. Take the time to find a broker who recognizes the importance of a solid marketing plan, particularly if you are relying on them to handle your commercial property for sale.
February 7, 2022
When purchasing a commercial property, it’s important to consider the issue of parking. The parking ratio is not only important for the functionality of the building, but it also may have an impact on the value of the property as a whole. This guide will provide the information needed to determine the parking ratio […]
February 4, 2022
If you are looking to invest in a commercial building, one important factor you will likely be focused on is the building’s size. However, there’s more to calculating the square footage of a commercial building than meets the eye. Not only will you need to determine the overall size of the structure, but you will […]
November 11, 2021
Before you list your commercial building for sale and begin to accept offers, you need to make some preparations. The process of selling a commercial building is a bit different than selling residential real estate. Because of this, it’s important to understand how the process works and what you can do to successfully sell your […]
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