Welcome to Relocation Guide
Central Oregon Real Estate Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
You may also listen to this article by using the following controls.
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.
Central Oregon Real Estate News
Where Have All the Boomers Gone…?
Central Oregon built a paradise for Baby Boomers, only to find they “couldn’t afford to play,” claimed economic analyst Bill Watkins at a packed recent business conference in Bend.
Read more...Black Butte Ranch Unveils Unlimited Golf Package
If the re-opening of its Glaze Meadow Golf Course after a dramatic $3.75 million renovation wasn’t enough, Black Butte Ranch this week unveiled an “Unlimited Golf Package” that if booked by April 30 includes a $100 dining card to be used at any restaurant on the Central Oregon-based destination family resort property.Black Butte Ranch, OR (PRWEB) January 31, 2012 If the re-opening of its Glaze ...
Read more...C.O. Forecast Calls for Slow Growth
Central Oregon’s economy is expected to expand over the next eight quarters, but that growth is likely to be slow and steady.
Read more...Top Youth Volunteers in Each State Selected in 17th Annual National Awards Program
America’s 102 most outstanding youth volunteers – two from each state and the District of Columbia – were named State Honorees today by The Prudential Spirit of Community Awards, a nationwide program honoring young people for exemplary acts of volunteerism.
Read more...EDITORS' CHOICE & GREEN PROJECT: Facebook Data Center
Oregon data center uses evaporative cooling and higher operating temperatures to reduce energy use
Read more...David Fennell, Once Suspended Lawyer with Foreclosure Trustee, Now Accused of Over-Billing
As if the foreclosure crisis hadn't generated enough distrust of the real estate industry, now comes another scandal. A complaint filed with the Oregon State Bar accuses an executive of Belle
Read more...Northwest News: Warm Springs casino to open Feb. 4 on U.S. 26; Bentley goes for $92,500 at auction of missing couple's ...
Also: Satellite tags show ties between whale groups.
Read more...