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The Business of Commercial Real Estate Sales
from:Because of the purpose of this property type, the sale of commercial real estate has strikingly different aspects than that of residential properties. While an owner of a commercial property need not be licensed in order to make a legitimate sale, non owners will have varying licensing requirements depending on their state of practice. In some states, requirements can be fairly lax. In others, one must first obtain a commercial seller's license. For those who choose to wholly specialize in the sale of commercial real estate, there are entire curriculums dedicated to the pertinent aspects of successful commercial property sales.
While many tend to think of residential homes when it comes to the real estate business, commercial real estate sales actually make up a very large part of the industry. Whether looking for new office, retail or restaurant space, it can take a professional to identify the combination of advantages and disadvantages in a property and direct his or her clients in the right direction. The ethical agent looks to educate his or her client so that fully informed decisions to be made. By performing the proper research, agents can assess fair market values for their clients and ensure that all the standards for a sale or purchase are legally met. This can create a stress free real estate experience for everyone involved.
There are some firms that combine their experience of residential, industrial and commercial real estate sales under one roof, while other agencies choose to focus only on commercial properties. This type of agency is likely to provide better, extensive listings for their clients. Depending on the experience of the agency, these listings can range from strictly local venues to listings with international locations. Dealing with listings on international levels is another type of real estate training that requires agents to be able to focus on a great amount of detail. He or she will likely also have training in real estate law.
Many commercial real estate agents are now further specializing in what is called niche properties. Niche properties are those that have a very specific purpose, catering to a special type of business. For example, retirement facilities, dentist office buildings or and industrial complexes would all be considered niche properties. Many of these types of agencies invest in specific niche properties as an extra service to their clients. At times, they will invest in raw land for the future use of niche properties once the proper permits are acquired. Property ventures that produce income via capital gains or rental income are quickly becoming one of the most popular investment options available.
Austin Texas Real Estate News
Austin, Texas Earns Title of the South's Small-Business Champion - San Francisco Chronicle (press release)
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The Austin Home Search Experts at Premier Real Estate Agency Regent Property ... - San Francisco Chronicle (press release)
 PR Web | The Austin Home Search Experts at Premier Real Estate Agency Regent Property ... San Francisco Chronicle (press release) Austin, Texas (PRWEB) May 21, 2012 The premier luxury real estate and Austin Home Search experts at Regent Property Group have released the May 2012 Austin, Texas real estate market report, with good news for those selling their homes. 30-Year Mortgage Rates at New Record Lows, Regent Property Group Continues to ... |
Weingarten Inks Deal with Arhaus - Zacks.com
Weingarten Inks Deal with Arhaus Zacks.com The new opening will mark the opening of their first store in the Texas market, which will be followed by its second opening in Austin, Texas. Weingarten Realty has formerly leased spaces to Nordstrom Rack and Grand Lux Café at the Centre at Post Oak. |
Mexico opposition party chides ex-governor in drug probe - Reuters
Mexico opposition party chides ex-governor in drug probe Reuters On Tuesday, US prosecutors moved to seize millions of dollars' worth of real estate in Texas that Yarrington allegedly brought with drug money. "Yarrington has to face justice in the country where he is being accused," the PRI said in a statement. |
It's A Seller's Market In Central Texas - HispanicBusiness.com
 HispanicBusiness.com | It's A Seller's Market In Central Texas HispanicBusiness.com Tim Ellis, the real estate analyst for Redfin, a national real estate brokerage based in Seattle that recently opened a local office and tracks housing data in several Central Texas counties, said that "it's no longer a buyer's market" in Austin. |