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How can I effectively list my commercial property for sale?

On Behalf of | Sep 27, 2018 | Commercial Real Estate |

Owning a commercial property comes with a lot of work. You have to collect rent, make repairs, find new tenants and so much more. When it becomes too much to handle/ you likely will consider selling the property. Or, you might decide to sell because the value of the property has increased during your tenure as owner. Either way, you likely want to know how you can effectively list the commercial property for sale.

One of the best things you can do to market a commercial property for sale is to put together a well-thought out list of prospective buyers. This list should include anyone who has expressed interest of late, local developers, other commercial property owners in the vicinity and even the previous owner of the building.

You should consider having a website built specifically for the sale of your commercial property. A large number of real estate transactions get their start online. There’s no reason you cannot do the same with a commercial property. The website should have pictures and as much information about the property as possible.

Have a CAD drawing created of the building. This should include main entrances, loading docks, fire exits, sprinkler systems and any other features the building offers. This gives prospective buyers a feel for the building, its size and what can be done with it.

Selling a commercial property is never easy unless someone approaches you with an offer. If not, you will need to find new and innovative ways to market the property so it garners interest. If you follow the tips outlined today, you should have some success listing a commercial property in Florida.