-What's the potential buyer looking for?
What's the potential buyer looking for?
When you are selling commercial real estate, put yourself in the buyer's shoes. Not literally, but walk your property and imagine you are a potential buyer. Honestly think about the attributes of the property that could use a little work to get a buyer seriously interested.
Would new paint, either inside or outside, make the property more appealing?
Are their minor repairs that need to be made?
What shape are the floors and carpets in?
Are there major repairs that make sense to go ahead and take care of that will add value to your property?
Are all areas free of debris and neat and orderly?
Have you communicated with tenants and asked them to help you maintain a clean environment?
If you are talking to an investor and have current tenants in the property, in addition to the above they will also be wondering about the income potential and the tenant mix. It's important to understand if they are looking for a turnkey property which is 100% leased or if they are willing to make some improvements.
Is all of this giving you a headache? Perhaps it would be wise to contact a seasoned, commercial real estate broker to take some of the stress off your shoulders. You have a lot at stake with any CRE transaction. Your Commercial Real Estate Broker can help you successfully maneuver through the maze of critical elements involved in the sale of commercial real estate.
The Craft Commercial Team has over 200 years of experience in listing, buying, and leasing commercial real estate in the Triangle area. If you are interested in selling commercial property, contact one of our experienced brokers at 919-446-5000 or contact us online at CraftCommercial.com.
wow, very interesting the steps and details are on point, this really helped me out.
this really helped me out.