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Finding the best commercial real estate agent
Sometimes it comes hard to find the right commercial real estate agent. The right agent can make all the difference by helping you save a lot of cash and making you earn a lot. The right agent can save you time, which is money.
Qualities of a good agent
When you are about to contract a commercial real estate agent. Try to request some important information about himself/herself. When you look at the agent's brochures and promotional materials, you can see if the person is successful in finding the right commercial property or selling the existing one.
Ask the commercial real estate for his/her credentials, certification and training related to the sale of commercial real estate. In case the agent is a real estate agent who has worked mainly with residential property deals, you should wait until they have gained more experience before you become a test object. Commercial real estate offers are not just larger deals that have a higher price but also require more experience, training, and expertise.
Third, ask the agent about the average time he takes to sell a commercial property from cataloging to sale. To keep the matter in perspective, ask how it compares to the average of other people in the same locality. The fact that he sold real estate within a few weeks does not mean that you get the most money from your offer. It can only mean that it is a seller's market.
Fourth, you ask if the commercial real estate agent or broker has a support staff that covers some of the key details. You may think that you are hiring one person, but only to realize later that the work is done by another agent. If this is the case, be sure to check the credentials of other staff agents.
Lastly, find out how the real estate agent or broker determines the best course price for your commercial real estate. If you are interested in purchasing a property, you will find out if the real estate agent has a legitimate interest in the property. Ultimately, you want to ensure that your agent works only with you and has the best interest at heart.