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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.
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Nest Realty Voted to Top Real Estate Company List in 2012 Virginia Living Poll
Brokerage that focuses on customer service among top three recognized for entire Central Virginia regionCHARLOTTESVILLE, Virginia (PRWEB) May 24, 2012 Nest Realty, a full-service, boutique real estate brokerage firm specializing in residential and luxury properties throughout Charlottesville and Central Virginia, today announced the readership of Virginia Living voted it one of the top three ...
Read more...Northern Virginia Real Estate Company Pasquali Realty Group Sees Area Homes Selling Faster
Pasquali Realty Group states that according to the latest market reports, Northern Virginia homes are selling faster than previous months.Burke, VA (PRWEB) May 24, 2012 According to the latest reports, compiled from data from residential real estate transactions within the region, Northern Virginia real estate market continued to experience positive trends in April compared to the same month ...
Read more...San Francisco’s The Beverley Group Offers Properties For $200,000 or Less
The Beverley Group, an elite real estate company in the East Bay area, is offering a variety of properties, including some that are being sold for $200,000 or less. (PRWeb May 24, 2012) Read the full story at http://www.prweb.com/releases/real-estate/san-francisco/prweb9539018.htm
Read more...Columbia woman pursues discrimination complaint against Long & Foster
A Columbia woman who participates in the government-funded Housing Choice Voucher Program has filed a discrimination complaint against a major real estate company after she was denied the opportunity to rent a Columbia townhouse last year.
Read more...Janitors To Rally Outside Real Estate Company
Union janitors are expected to gather in Del Mar Thursday for a march and protest rally against commercial real estate company Kilroy Realty.
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