Unless you have potential buyers lined up, you should contact a commercial real estate broker to help sell your property quickly and correctly. A great commercial real estate broker can provide you with a list of active qualified buyers; tell the broker if you want to sell fast.
Seller Guidance
A commercial real estate broker works with property owners and tenants to buy, sell, and lease real estate for commercial use. Compared to buying a home, where a lot of emotion is involved, a commercial agent understands that investment real estate is mainly a numbers game.
Marketing a property can increase the sale price by up to 23%, which runs counter to the idea that off-market deals can achieve higher values because a buyer will be more aggressive to seal a trade.
There are a number of reasons why people sell commercial property too late including Complacency, Ownership and Identity, Loss Aversion and Self Reliance Time Traps
Although there is not much an average seller can do to affect the supply line, they can create demand by using a good agent.
Are you thinking of selling your multi-family property? Here are some of the most frequently asked questions we get from clients looking to sell multifamily properties in Chicago.