When you are looking to sell your commercial, industrial or office building in the Greater Toronto Area, don’t underestimate the power of a great realtor. Realtors are essential to maximizing your property value, especially when it comes to commercial properties. A realtor will offer you connections to the right buyers, knowledge and insight into the real estate market, along with years of records for what has or maybe hasn’t worked in the past. Not all realtors are the same, though. Finding the right realtor could save you thousands when buying and make you thousands more when selling. Here are the top four things to look for in a commercial real estate agent.
Up to date Knowledge
Staying up to date in a market that changes each day is essential. When your agent is up to date on current trends and records, it makes predicting trends and pricing a whole lot easier and more accurate. With the right agent, your property will sell quickly and for a great price. When it comes to buying, a good agent will offer you insight on location, price, and maintenance costs. With outdated knowledge, you could be overpaying or underselling your property.
Specialized Experience
As you begin to look for an agent, one thing to keep in mind is what special designation your agent has. If you are looking for a commercial property, even the best residential real estate agent won’t work for you. Instead, look for an agent who specializes in that designated sector of real estate. A specialized real estate agent can provide you insight even after the purchase or sale of your property.
Great References
To know just what you’re getting yourself into before you sign a contract. Read and listen to references from former clients. Listen to everything the references have to say and weigh out your decision accordingly.
Passion
A great real estate agent will be passionate about the work they do. If you don’t sense that your real estate agent likes what they do or puts little effort into their business, it may be time to take a hike.
So, what is the most important agent quality to you? Let us know in the comments!
Looking for help buying or selling an office, industrial, or commercial property? Contact Allen Mayer Commercial Real Estate Broker for more information or to inquire about listings.