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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.
Dana Point Real Estate News
South County Assembly seat shows 23-point GOP advantage - OCRegister
South County Assembly seat shows 23-point GOP advantage OCRegister The GOP has a 23 percentage point advantage in this rectangular-shaped district stretching from Dana Point and San Clemente to the Riverside County border. For incumbent Assemblywoman Diane Harkey, R-Dana Point, the numbers suggest a smooth ride in her ... |
Disputed rezoning up for final OK in Dana Point - OCRegister
Disputed rezoning up for final OK in Dana Point OCRegister City Council tonight is scheduled to vote on adopting a zoning change for the former site of Dana Point Marina Mobile Home Estates that would entitle a developer to build a residential and commercial project with up to 126 homes. 50% off! |
Real estate transactions for May 20 - Bradenton Herald
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Sailing Away: Dana Point Boaters from San Clemente Prepare for the Adventure ... - Dana Point Times
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Iredell real estate transactions: May 6-12 - Statesville Record & Landmark
Iredell real estate transactions: May 6-12 Statesville Record & Landmark From The Point on Norman, LLC to Steven A. Waters, Lot 276 of the Point Subdivision, $115000, on May 9. » From Michael and Jennifer Bicknell to John and Brentlee Mayhew, 147 Torrence Chapel Road, Mooresville, $90000, on May 10. |
Rezoning adopted for residential/commercial project - OCRegister
Rezoning adopted for residential/commercial project OCRegister Company can pursue plans for development of a former mobile-home-park site that has drawn opposition from Dana Point neighbors and the South Orange County Wastewater Authority. 67% off! Dolphin and Sea Lion Trip for 2 for $38 from Snorkeling Catalina ... |
Real estate transactions for May 6 - Bradenton Herald
Real estate transactions for May 6 Bradenton Herald $229900 Dempsey John, Lapres Dana to Smith Ralph T, Baxter Katherine J, Ralph T Smith and Katherine J Baxter Trust, Watch II at Waterlefe Unit 30, A, OR Book 02417 Page 5102, April 26. $229000 Ferraro Anthony S to Patel Sharfaraz, Patel Nasrin, ... |