Thursday, April 30, 2015

You Need To Use A Qualified Property Broker When Buying Commercial Real Estate

You Need To Use A Qualified Property Broker When Buying Commercial Real Estate

Whether you're a new agent or if you are buying property, the commercial real estate market is very different from the residential market. By reading through the special tips in this article, you can get ahead by learning the methods of the experts.

If you are a landlord looking to rent out a house or apartment, it is crucial that you have the tenant fill out an application and go through a credit and background check. You do not want to be stuck with a tenant who won't pay rent or trash your house, so also ask for references.

Make sure that you choose the right size property for the size of your business. It is not a good thing to have a space that is too small because it will restrict you, but having one that is too big will have you paying a lot of money for extra space that you do not even need.

Get sellers interested in you. You want the sellers to be vying for you to buy their property, ensuring that you are getting the greatest deal and the best negotiation out of the deal. If you are a prized buyer, sellers will be seeking you more so than you seeking them.

Make sure that the commercial real estate you want to purchase is equipped with connections to all of the utilities you'll need. The utilities you will need for your business go beyond electricity; you will also need water, sewer and gas, as well.

It doesn't matter if you are a buyer or a seller; making a profit or getting a great deal on a commercial property, is well within reach for anyone who is willing to take the time to learn some basic information. Now that you have read the tips in this article, you will be more empowered to make wise choices in the commercial real estate market.

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Turnbull Real Estate is a regional provider of commercial real estate brokerage & property management services across Central New Jersey and Eastern Pennsylvania. Our brokerage services are tailored toward representing Landlords and developers in pursuit of office, retail or industrial Tenancy.  We also provide acquisition and sales support to clients. Our firm has decades of experience in Tenant Representation, where we utilize comprehensive market knowledge and site selection process for our clients.


New Jersey Office
Turnbull Real Estate, LLC
Post Office Plaza
50 Division Street, Suite 204
Somerville, NJ 08876
sterlingmgt@verizon.net
T. (908) 526-7500
F. (908) 526-7511


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