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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.
North Georgia Real Estate News
Panthers to get Caloosahatchee River crossing - The News-Press
Panthers to get Caloosahatchee River crossing The News-Press A female Florida panther and her kittens walk along a trail near the recently protected American Prime property in Glades County. / Cliff Coleman, special to news-press.com Taxonomy: The Florida panther is a subspecies of the cougar, also known as ... |
One-Third Of Homes In The Atlantic High-Rise Leased In First Two Months - MarketWatch (press release)
One-Third Of Homes In The Atlantic High-Rise Leased In First Two Months MarketWatch (press release) We have seen almost 350 people come through our doors in the first 60 days," said Yaakov Litvin, Property Manager of The Atlantic. "There is a true 'wow factor' when you enter the building. The amenities, the location, the views - The Atlantic has it ... |
Virginia State Fair, sold at auction, to be held this fall - Inside NoVA
 The Republic | Virginia State Fair, sold at auction, to be held this fall Inside NoVA SFVA Inc., the nonprofit that operated the State Fair of Virginia, acquired the property, best known as the birthplace of Triple Crown winner Secretariat, in 2003 for $5.3 million and moved the fair there in 2009. Universal Fairs' purchase brings to an ... Va. state fair will go on |
Polk County property transactions for January and February - Cedartown Standard
Polk County property transactions for January and February Cedartown Standard Mrs. Betty S. Moats to Timothy Cheatwood for property at 114 Spruce St., Cedartown, Jan. 17, $38000. Ezzie R. Gaylor to Curtis B. Sorrell for property at 142 North Broad St., Cedartown, Jan. 20, $20000. Community and Southern Bank to G. Wilson Kirven ... |
Walton Ontario Land LP 1 Reports First Quarter 2012 Results - MarketWatch (press release)
Walton Ontario Land LP 1 Reports First Quarter 2012 Results MarketWatch (press release) Subsequent to the quarter, on May 1, 2012, the limited partners voted in favour of the disposition of the Alliston Property (the "Sale Transaction"). Assuming that the purchaser's conditions are met or waived, it is anticipated that closing of the ... Walton Westphalia Development Corporation Reports First Quarter 2012 Results |