Owning a commercial property might have been a wise move at the time but now you may be looking to get it off your hands. Letting go and moving on from real estate you’ve invested in can be a hard decision to make but it might be what’s best for you at the time.
You should have a plan for making sure that your property is ready to go and sell when the time comes. It’s not anything you want to rush into or not prepare for. Therefore, spend time learning how to get ready to sell your commercial property so you can have a positive experience and no regrets.
Give It A Makeover
Get ready to sell your commercial property by giving it a makeover. Take a look at what needs updating and upgrading and be prepared to invest in these modifications. For instance, you may want to have the carpet removed, apply fresh paint, and look into installing external vertical louvers for functional and aesthetic appeal. Enhancing the exterior will also help you make a good first impression on potential buyers. Clean up and beautify the landscaping and make sure the building is as clean as possible inside and out as well.
Do Some Property Comparisons
You can have a better chance of selling your commercial property and listing it at the right price by doing some comparisons of other properties. You must know how it compares to other properties that are similar to yours based on the area and what it has to offer. It’s important you know what your property is worth and what types of offers to expect and consider. Familiarise yourself with the local pricing trends and see what’s been selling.
Have Professional Photos Taken
Get your commercial property ready to sell by having professional photos taken of it. Hire a photographer that specialises in real estate pictures and can provide you with clear and attractive images that will help you put it in the best light possible. You may not realise it but images play a vital role in boosting your chances of being able to quickly sell your commercial property. You want someone to see them and feel enticed to come and take a look. You may even want to have a video done that highlights the layout and features.
Market it & Know What Makes it Unique & Desirable
You never know who you’re going to run into or who you’ll be talking to that will be interested in your commercial property. You also need to make sure you choose the right listing or listings and include all pertinent information about what makes your property stand out and attractive. Review and know all the reasons about why your commercial property is unique and desirable and why someone would want to purchase it from you. Come up with a marketing strategy and approach so that the right people learn about your property and the listing gets in front of buyers who will be genuinely interested in it.
