Welcome to Relocation Guide
Real Estate Records 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.
Real Estate Records News
$8.99 Million Sale at THE RIVER Breaks City Records... Again - MarketWatch (press release)
$8.99 Million Sale at THE RIVER Breaks City Records... Again MarketWatch (press release) THE RIVER, Calgary's luxury residential development, has broken its own, as well as the city's, highest condo real estate sales record to date. The 5626 square foot penthouse (with 2950 square feet in additional outdoor space) sold for $8.99 million, ... |
Our View: Bill threatens integrity of public records - Merced Sun-Star
Our View: Bill threatens integrity of public records Merced Sun-Star A dangerous bill that blew out of the state Assembly last week -- without a dissenting vote -- would create a costly public property record exemption for certain law enforcement officials. Los Angeles Assemblyman Mike Feuer introduced Assembly Bill ... |
At $25 Million, a Record Sale in Miami - New York Times
At $25 Million, a Record Sale in Miami New York Times Other residents of Continuum residences include James S. Chanos, the hedge fund manager who was an early short seller of Enron Corporation before its collapse, according to Florida property records. The $25 million sale tops the $21.5 million that ... |
Hitting rock bottom: Housing crash spawns dirt cheap sales - STLtoday.com
Hitting rock bottom: Housing crash spawns dirt cheap sales STLtoday.com County real estate sales records show other foreclosures selling remarkably cheaply compared with prices a few years ago. For example: • 6354 Coventry Drive in Florissant, a three-bedroom, two-bath ranch home bordering a lake, sold for $159537 in 2009. |
HSBC Buys 4 New York Plaza Tower With Edge Fund Advisors - Bloomberg
 GlobeSt.com | HSBC Buys 4 New York Plaza Tower With Edge Fund Advisors Bloomberg Harbor Group bought the building from JPMorgan for $107 million in January 2010, New York City property records show. The 1.1 million-square-foot (102000-square-meter) tower is about 95 percent leased, according to the statement. HSBC buys 4 New York Plaza |
Holly Hill Walgreens sells for $2.9M - Daytona Beach News-Journal
Holly Hill Walgreens sells for $2.9M Daytona Beach News-Journal By BOB KOSLOW, Business writer HOLLY HILL -- The building and property occupied by a Walgreens pharmacy on the northwest corner of North Nova Road and LPGA Boulevard has been sold for $2.9 million. Rock Properties Inc., a Winter Park development and ... |
County makes more property records available - Stillwater Gazette
County makes more property records available Stillwater Gazette Persons searching the Internet for county property records can find more information after June 18 when the Board of Commissioners Tuesday set the fees for access to web documents. The county began offering Internet access to tract index records in ... |