Tag: commercial property advisor
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The NAR Settlement: A Seismic Shift in Real Estate
Background The recent settlement agreement reached by the National Association of Realtors (NAR) has sent shockwaves through the real estate industry. This landmark deal, which aims to address allegations of anti-competitive practices related to buyer agent commissions, is poised to dramatically reshape the landscape for everyone involved. In a Nutshell The Impact on Listing Agents…
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Strategies for Managing Rising Operating Expenses
Rising operating expenses pose a significant challenge to commercial property owners and managers. To maintain profitability and property value, a multifaceted approach is essential. By strategically combining operational efficiency, cost reduction, revenue enhancement, risk management, and financial discipline, property owners can effectively mitigate the impact of increasing expenses. In a Nutshell Operational Efficiency Cost Reduction…
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Acquisitions with 1031s, DSTs, OZs, and eXp Commercial’s Support
Background The world of commercial acquisitions can be complex, but with the right strategies and support, it can also be a lucrative one for investors. This article dives into some of the most common and effective acquisition techniques, including 1031 exchanges, Delaware Statutory Trusts (DSTs), Opportunity Zones (OZs), and explores how eXp Commercial empowers your…
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Selling a Niche Commercial Property with Targeted Marketing
Beyond the Mainstream The world of commercial real estate caters to a diverse range of needs. While office buildings and retail spaces remain popular options, a significant market exists for niche properties that cater to specialized uses. Selling a niche commercial property requires a unique approach. Forget about generic marketing tactics. The key to success…
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Why Title Insurance Protects Sellers in Commercial Property Transactions
Sealing the Deal with Peace of Mind Selling a commercial property is a significant financial transaction. While the prospect of a successful sale is exciting, unforeseen complications can arise after the closing process. One potential pitfall is an ownership dispute that surfaces later, jeopardizing your sale and potentially costing you time and money. This is…
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How Property Management Companies Enhance Commercial Property Sales
Keeping it Sharp, Sealing the Deal Selling a commercial property requires a multifaceted approach. While securing the right buyer is crucial, maintaining the property’s condition throughout the sales process is equally important. A well-maintained property not only fosters a positive impression on potential buyers but also demonstrates your commitment to responsible ownership. This is where…
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Understanding Tenant Rights During the Sales Process in Commercial Property
Navigating Uncharted Waters Selling a commercial property can be an exciting prospect, but navigating the legalities of the process can be daunting. One crucial aspect to consider is understanding the rights of your existing tenants throughout the sales process. Failing to comply with tenant rights can lead to disputes, delays, and potentially even legal ramifications.…
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Understanding How Zoning Impacts Your Commercial Property Value
The Zoning Puzzle The commercial real estate market thrives on location, functionality, and of course, profit potential. One crucial factor that significantly affects all three is zoning. Zoning regulations dictate how land can be used within a specific area, shaping the types of businesses that can operate there. Understanding how zoning impacts your commercial property…
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Unveiling the Unique Advantages of Selling Commercial Property in a Remote Location
Beyond the Bustle The commercial real estate market is often dominated by bustling cityscapes and high-traffic areas. However, remote locations offer a treasure trove of untapped potential for investors and businesses alike. Selling commercial property in a remote area requires a strategic approach, but by highlighting the unique advantages these locations offer, you can attract…
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Selling a Property with Expansion Potential to Growth-Minded Investors
Building on Potential When it comes to commercial real estate, investors are constantly seeking opportunities for future growth. If your property boasts expansion potential, you hold a valuable asset. By strategically showcasing this potential, you can attract investors seeking a property that allows them to scale their business or maximize their return on investment. In…