Selling commercial real estate is no easy task. There is marketing involved, as well as mounds of paperwork. Even one mistake can lead to a poor sale, or one that gets nullified altogether. That’s why you need a strong team of agents on your side, making sure you get the right deal whether you are buying or selling.
Your ideal commercial real estate team works hard for you in all facets of the sale or purchase. There are a few traits to look for in a real estate team to ensure your success in this venture.
Experience and Reputation
While every real estate team needs to start somewhere, that “somewhere” doesn’t need to be with you. This is especially true in the Las Vegas market. You need to ensure they have the experience needed to close any deal for the right price for you. A team of inexperienced brokers could be poor at negotiation and other vital tasks needed in this ultra-competitive real estate market.
Your ideal commercial real estate team will also have a sterling reputation. If you ask any of their previous clients, you should get nothing but glowing reviews. If you don’t, it may be a sign you should move on. Moreover, your team should proudly display reviews from previous clients on their site. Otherwise, you may be dealing with a sketchy agency.
Local and Technological Knowledge
Chances are, one of the main reasons you hired a commercial real estate team is that you don’t want to search for new properties or potential buyers on your own. Your team should know the local market and what is available to you. While some of this knowledge can be gained online, the best teams have lived in the area for a long time and are intimately familiar with it. They don’t play a guessing game, or simply go off of information you can find yourself with a simple internet search.
Of course, this does not mean the team does not use the resources available to them. The ideal commercial real estate team knows what tools are available and uses them effectively. They combine this knowledge with their own to steer you towards a hidden diamond in the rough, or away for a property or buyer that is simply too good to be true.
Education and Licensing
Unfortunately, many commercial real estate buyers and sellers trust agents who are simply unqualified to be in the industry. Your real estate team should display all licenses and degrees on their website for you to view. That way, you know you aren’t entrusting your financial future in a team who has no business handling it. After all, operating without a license is highly illegal.
The team at First Federal Realty in DeSimone meets all of these criteria, and more. We are dedicated to your success and know how to help you achieve it. Learn more about our ideal commercial real estate team by visiting our website or contacting us today!