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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.
Real Estate For Sale By Owner News
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HGTV House Hunters To Feature Boise Premier Real Estate For Idaho Episode - MarketWatch (press release)
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Sandbridge Beach Just Listed Real Estate, Condos and Homes For Sale Launched - PR Web (press release)
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Atlantic and Cape May counties see existing home sales rise 17 percent in April - Press of Atlantic City
Atlantic and Cape May counties see existing home sales rise 17 percent in April Press of Atlantic City Jerome DiPentino, owner of Premier Properties Real Estate, and his wife, Angel, of Longport, stood outside a property they listed for sale at $5.9 million on South 20th Street in Longport. Realtors say wealthy buyers are showing more interest now. |
ONLY ONLINE: Ongoing commitment to service earns CENTURY 21 Unlimited Real ... - Moscow Villager
ONLY ONLINE: Ongoing commitment to service earns CENTURY 21 Unlimited Real ... Moscow Villager By Staff reports John Fox, owner of CENTURY 21 Unlimited Real Estate announced today that Century 21 Real Estate LLC, franchisor of the world's largest residential real estate sales organization recently recognized the office with the CENTURY 21 ... |
Sales of previously owned homes up in April - Alexandria Town Talk
 Globe and Mail | Sales of previously owned homes up in April Alexandria Town Talk Americans bought more previously owned homes in April, a sign that the weak housing market is gradually improving. The National Association of Realtors said Tuesday that home sales rose 3.4 percent last month to a seasonally adjusted annual rate of ... Sales Of Previously Owned Homes Rose In April, Boosted By First-Time Homebuyers Local home sales jump, prices show stability US home sales up across the country |
Philly Deals: He takes a fresh look at Philadelphia real estate - Philadelphia Inquirer
Philly Deals: He takes a fresh look at Philadelphia real estate Philadelphia Inquirer He went to coastal Florida — where real estate is the only business — and found things even deader: “Down 50 percent. Around Tampa, St. Petersburg, you can buy a new condo for $50000.” Great bargains. But “not so good for business. |