To get top dollar for your commercial real estate, you market in the world. Recently, the LOFT over 1000 investors survey showed that business broker commercial real estate broker network is the number one activity, the broker shall fill vacancies or sell real estate.
Nevertheless, commercial investors still employ commercial brokers who market their property before the exclusive list. If you choose this way to help protect your privacy, read no further.
Other, I ask you, "who really gets top dollar? You or your business broker? "
Commercial brokerage companies developed to represent owners of real estate. Offices: competed on objects and worked in the lease or sell their inventory to their commercial real estate investor and lessee perspectives. Over time, some offices have decided to cooperate with each other, and together the sale or lease commercial real estate, because it helped them perform faster, saving money for their clients to deliver results and dollars that they wish.
More people who worked for rent or for sale commercial real estate, the better your chances of success.
Other commercial investment companies believed that they have a full list of tenants and investors commercial real estate. They claimed that they have the best channel to market and as long as they have done, their owners to make their property while retaining 100% of their fees and monitoring their cut of the action.
Old habits die hard. Some commercial brokerage companies have continued to cooperate, others do not. Those who do not, post your opportunities on their market and tell you they are exposing it with the world.
That is why it is important to you: commercial real estate broker is responsible for placing the loyalty of your interests above his own.
This means exposing your property to the widest possible audience to generate transaction. And if you stand to make more money on the deal going in one direction against the other, commercial real estate broker is obliged to give you the best advice according to your needs, not his own, even if it means that your broker is doing less and you're done.
The next time you meet with your broker, ask him whether he cooperates with other intermediaries and markets opened. This may mean faster, more profitable deal for you. In fact, your broker may understand that represents your interests before his own pay dividends for years and that makes you money makes his money.
Jeremy Cyrier, CCIM believes that actions without meaning useless. He is the President of LOFT, marketing and Massachusetts commercial real estate brokerage firm and is a member of the Faculty of the Institute of CCIM. Can reach the Jeremy@Mansardcre.com Jeremy or http://www.masscommercialproperties.com.
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