Black Stone Estate Agents
When selling commercial property, there are different considerations compared to selling a residential property. You need to be aware of the relevant legislation and prepare all the necessary information that a potential buyer needs. This can include asbestos surveys, details of business rates, energy performance certificates, and planning permissions. Before you list your property, it is important to research the current market and any repairs that may be needed. You should also engage the services of a real estate attorney. They will help you negotiate the sale terms. Once you find a buyer, you need to complete the sale, which involves paying the broker's commission and transferring the title. Before you sell your commercial property, you must ensure that you have title in hand. This document can take up to 10 business days to arrive, which may delay the process. Additionally, you should prepare all necessary paperwork before a buyer visits. This will help eliminate any unnecessary delays and ensure that the buyer is fully informed about all aspects of the property. It is also advisable to list your property on websites dedicated to For Sale By Owners (FSBO). Using these sites can maximise exposure and draw in serious buyers. You can consult the Blackstone Estate Agents Archives for that purpose.