Contract of Sale of Commercial Property with No Broker Involved 2025

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A basic purchase agreement should include the following: Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.
Some states, like California, have created real estate purchase agreements you can download and change. You can also get a template from PandaDoc, as well as benefiting from real estate contract management software functionality.
Alternatively, a non-exclusive buyer agreement does not lock you into a long-term commitment with an agent, or it allows you to work with more than one agent. You might decide to work with two or more agents if youre searching for homes in two different cities.
Steps to Take When Selling Commercial Real Estate Property Step 1: Hire an inspector. How to sell commercial property without a realtor? Step 2: Get a commercial appraisal. Step 3: Set a price. Step 4: Market your property. Step 5: Negotiate with potential buyers. Step 6: Close on the property.
A purchase agreement is a legal document that is signed by both the buyer and the seller. Once it is signed by both parties, it is a legally binding contract. The seller can only accept the offer by signing the document, not by just providing the goods.
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People also ask

Though notarization is not required, it may still be a good idea to have a notary present in order to verify the identities of all signers.
For sale by owner platforms While definitely a less common practice in the commercial real estate industry, selling by owner is also an option. Some owners have ample experience with commercial property sales and feel confident completing the transaction without an agent.

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