Questions to Ask Yourself When Placing Your Commercial Property For Sale

Who Would Benefit From Buying This Property?

Many different types of individuals and businesses will be looking for a commercial property for sale in the UK. You must find out exactly what type of person you are after so that you can plan your strategy properly in order to capture their business. Attend some realestate auctions and find out exactly what properties put which buyers into a bidding frenzy.

How would Commercial Real Estate Investors benefit From Buying This Property?

Before you begin placing your commercial property listings, you must ask yourself what a prospective buyer would gain from the purchase from an investment point of view. Is it is going to provide a large return on investment? Or if they are hanging onto the property for their own use, does it have ease of parking? Is it aesthetically pleasing? Is it a convenient location for their staff? These are the things you must consider when placing your commercial property for sale. Once you know these answers, work the main points into the listing of your commercial real estate for sale.

What is the “Ceiling Price” For This Type of Commercial Investment Property?

This ceiling price of a property is the highest price attained by any seller in that area for a comparable property. It is vital that you know the ceiling price for your type of industrial real estate for sale so you can see whether there any cost effective improvements that can be made to your property before handing it over to commercial real estate brokers.

How Much Will the Listing Agent Charge and What Do I Get For That?

Find out in advance how much different commercial real estate brokers will charge you to handle the sale, and what service they will provide for you. Weigh up your options in this way and that will help you make the best monetary decision when choosing an agent to handle your commercial real estate transactions. Choose the agent that gives you the lowest price while offering you the most service compared to all the agents in the area, another thing that you must consider is the agency’s experience in placing commercial buildings for sale.

What is the Minimum Amount I am prepared to accept?

When placing a commercial property for sale in the UK you will often have to negotiate. Have the minimum amount that you are prepared to accept in mind, this is more of a psychological consideration, just so that you know where the ground lies when you are negotiating. If you do not have the minimum amount in mind then it will be very hard to gauge whether negotiations are going well for you or whether you are being fleeced.