Selling or buying property is one of the smart investment moves. The benefits are huge, but the process is also that much complicated. You have to find a potential buyer if you want to sell your commercial property. If you want to purchase it, then you have to visit several places to find your expected property.
All these processes can be done smoothly
without you making extra efforts. You can hire an agent who can handle the
process-related commercial real estate in Canberra. When you look for the person who can handle this type of
responsibility, you can’t take a risk. You have to choose the one who can
satisfy your goal and expectations. This guide will provide you with 5
questions that can help you choose the right candidate to handle your
property-related work.
1. How Long Have they Been in the Commercial Real Estate Property Business
- You will find several options if you look into the market. But not all the agents are specialised in what you want. They should have years of experience in commercial property related trade, so that they can help you better.
- To check their work, you can ask them to provide you with a client reference whom they have helped recently.
2. Local Market Knowledge and Valuation
- Your commercial real estate agents should know the local trends for the past few years. What factors can affect the price of the property? On what basis are they going to value your property? They should have a proper explanation for the value they are suggesting for your property, and understanding this becomes easier with a helpful commercial property valuation guide.
3. Marketing and Transaction Plan
- Ask them what their plan is to advertise your property. Which marketing strategy will they use to approach the potential clients? It is important to know which modern tools and platforms they use to find clients.
4. Communication and Team Structure
- Mostly, these types of agencies have a team with a leader. Ask them who is going to lead the project and how often they will contact you for updates. If they do not have a backhand team for support, the agent alone has to deal with all the things. It may consume much of your time.
5. Fees and Conflict Resolution
- Be very clear with their fee structure. Ask them how much they charge and what services they include. Whether they charge per visit or there is a full-service package like a system.
- Property-related processes can be complicated sometimes, and to tackle that problem, you should have an agent who is an expert in it. Ask them if they can share any of their case study where they have solved critical problems.
Conclusion
These five questions will help you decide whether they will be able to provide you with the desired result or not. Their experience, strategy, knowledge and conflict resolution skills are what make them an ideal agent. Choose an agent who can satisfy all these questions, and you will enjoy the benefits of investing in commercial real estate in Canberra.
