The 5 Best Things To Do Before Selling a Commercial Property

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Video added by MANSARD | Date Uploaded: February 27, 2023 | Date Created: February 07, 2023

Description

Everyone wants to sell a commercial property when the accepted offer equals the closing price. Renegotiations are frustrating, time-consuming, and expensive and can damage your profits and reputation if the sale of your commercial property fails to close. Most sellers want to avoid investing to pull together the 5 best things to do before selling their commercial property. Who wants to invest money into selling a commercial property when you are curious if a buyer will pay you the right price? Unfortunately, what's more expensive and disappointing is when the excitement of finding a buyer and forming an agreement results in a renegotiation. Buyers will often agree to a price to put the property under agreement, followed by extensive and expensive due diligence. The results often change the buyer's mind on the offer price and lead to frustrating renegotiations. ** The 5 Best Things To Do Before Selling Your Commercial Property ** Property Condition Assessment Environmental Reports Title Survey Rent Roll Prior 3 years of Operating Expenses When you complete these items before offering your commercial property for sale, you give the buyer a clearer picture of the physical and financial health of the property. You narrow the bid-ask gap because the buyer's risk is mitigated with this valuable information. Moreover, you build trust with the buyer, resulting in higher offer prices and a smoother sale. Are you looking to sell your commercial real estate? ~~~~ Subscribe to MANSARD’s Youtube Channel: https://www.youtube.com/channel/UCGn7... ~~~~ Check Out Our Latest Video: https://www.tubebuddy.com/quicknav/la... ~~~~ Get Your Selling & Capital Gains Tax Guide: https://masscommercialproperties.com/... ~~~~ Want to know how to calculate commercial real estate value? https://masscommercialproperties.com/... ~~~~ Connect with MANSARD on LinkedIn: https://www.linkedin.com/in/jeremycyr... ~~~~ Follow MANSARD on Facebook: https://www.facebook.com/mansardcre


Categories:
Commercial Properties for Sale, Brokerage, Appraisal
Property Types:
Industrial, Multifamily, Office, Retail, Mixed-Use: Office / Retail, Mixed-Use: Multifamily / Retail, ALL, Mixed-Use: Industrial / Office, Mixed-Use: Industrial / Retail, Mixed-Use: Multifamily / Office
States:
MASSACHUSETTS


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