WORKING WITH A COMMERCIAL REALTOR®
Whether you’re buying or selling commercial property, it’s important to understand from the outset how professional representation can help you at every step of the process.
How a Commercial REALTOR® works for you
Whether you’re looking for office space for your start up, a new building to expand your business, a multi-family residential building to invest in, or anything in between, your Commercial Realtor can be a trusted advisor and partner who can help you navigate the world of commercial real estate.
Consider working with a Commercial Realtor who not only has local market knowledge in the area of your property, or the locations you are searching, but also who specializes in the type of property you have in mind.
- Office (buy/sell/lease)
- Retail (buy/sell/lease)
- Industrial (buy/sell/lease)
- Multi-Family Residential (buy/sell)
- Vacant Land (buy/sell)
- Business (buy/sell)
Commercial Realtors can:
- Help determine budget or return on investment expectations
- Compare the pros and cons of buying/selling versus leasing, or the potential for redevelopment
- Appraise properties using local comparisons to assess fair market value
- Analyze market trends, demographics, future development of an area
- Market properties using brochures, signage, multiple industry websites and media outlets
- Draw from a deep network of active buyers/tenants and connect with other Commercial Realtors to maximize property exposure
- Act as an intermediary in negotiations between buyers/tenants and sellers/landlords, over price and settlement details, and during the closing or subject removal period
- Recommend other professionals, such as property managers, commercial lawyers, lenders, environmental consultants, or proven contractors
Find the Right Commercial Realtor
A Commercial Realtor’s expertise is specific to their specialization. It’s important to find the appropriate Commercial Realtor who best suits your needs. For example, issues like zoning bylaws, environmental concerns, parking restrictions, ventilation, loading, seismic and sprinkler upgrades, are just some of the details that can vary considerably depending on the type of property.
A Commercial Realtor can help you make educated decisions on your commercial real estate requirements, and work with you to navigate the process from start to finish.
Is your agent a Realtor?
Not all licensed or registered brokerages or real estate agents are Realtors. Realtor is a trademark identifying real estate licensees who are members of The Canadian Real Estate Association. Realtors adhere to a strict set of standards called the REALTOR® Code and Standards of Business Practice. The REALTOR® Code is a firm set of rules, describing our members’ commitment to high standards and their obligations to you.
NEED SPACE FOR YOUR BUSINESS?
Realtors work from a powerful business system called the Multiple Listings Service® (MLS®). The MLS® isn't just for residential homes, it also contains detailed information on commercial property listings. Owned and operated by the Real Estate Board of Greater Vancouver and its Realtor members, Realtylink is powered by the MLS®. Use Realtylink today to find the perfect space for your business