You're a real estate investor who wants to buy a commercial property for some extra income. So you're ready to search. But before you can start, you need to have the right information. Here's what you need to know before you go:
Tip 1: Before you buy a commercial property with a third party, make sure you have the following three things: a professional real estate agent; a working relationship with that agent; and some cash to spend.
Now that you're armed with these three things, here's how to find a great commercial property with an agent.
Tip 2: Commercial agents generally work with different types of clients: owner/developers; landlords; investors. If you're a developer, for example, you may want to go with an owner/developer who's got plenty of real estate in his/her pipeline, so he/she can get on the same page with you. As an investor, you may want to go with an agent who's got a lot of deals to close. In either case, you want someone who specializes in commercial property and has deep knowledge of the market.
Tip 3: Most commercial real estate agents also sell a lot of residential property as well. Commercial agents aren't just in it to make money from people who want to rent or buy properties. Commercial agents also want to make money from people who own properties and want to rent or sell them.
When you want to buy or sell commercial property, call me for a free consultation at (604) 970-8536. Or contact me via email: firstname.lastname@example.org
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