Commercial is a different ball game. You will want to seek solid representation. Most commercial agents are not REALTORs they have a different accreditations. As for seeing value in a property. You will want Profit and Loss statements. You may find yourself in negotiations with the selling/leasing agent, just know that you can absolutely find your own representation. Keep in mind the highest and best use for a property. Want to buy a warehouse? Is storage the best use? Or could it be a showroom, gymnastics studio, offices etc. When leasing the property marketing is huge you want to make sure you are on both the big websites and the local market - use an agent that will give you the time effort and energy that you deserve.
Commercial properties vary by type. Only hire an agent who is specializing in that particular area. Like a restaurant to a gas station etc, you want agents experienced in these types of commercial properties.
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Being a real estate agent, like any service job, can be tricky to navigate, especially when you are just getting started. Many of the connections between home buyers or sellers and agents are made through word of mouth. Odds are, if you told a group of your friends that you were l
There are multiple types of distressed properties that investors can look for. As you start your investment search, you may come across REOs, otherwise known as real estate-owned properties. REO properties are homes that have gone through the foreclosure process but did not sell at auction. This means they are now owned by the lender – usually a