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How do I find out how much a commercial property sold for?
Property history public records can be found online through locally-based property assessor and appraisal sites, as well as on other more broad, government entity-run websites for cities or entire states.
What is the best way to sell my commercial property?
How to Sell Commercial Property List Your Commercial Real Estate Property for Sale. Market Your Property Effectively. Collaborate With a Commercial Real Estate Agent. Identify Off-Market Buyers. Search for Recent Sellers Buyers. Negotiate With Potential Buyers. Analyze Commercial Real Estate Comparable in Your Area.
How do you price a commercial property for sale?
How to Value Commercial Real Estate: 4 Methods Property Value = Replacement Cost Depreciation + Land Value. Property Value = Net Operating Income / Capitalization Rate. Gross Rent Multiplier = Sales Price / Annual Gross Rents.
Can I sell my commercial property without a realtor?
Yes. You can sell without using a realtor. Statistically properties sold with a Realtor sell for 10% higher than properties sold by owner. No person is forcing you to get more money for selling your property with a Realtor. Do all the work yourself and make less money - your choice.
What is the best site to sell commercial property?
You can defer capital gains taxes through a like-kind or 1031 exchange, where you sell your investment property and use the proceeds to acquire a similar property. You have 45 days to identify potential properties and 180 days to complete the exchange.
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What are the closing costs for commercial real estate?
On average, you can expect closing costs to be about 3% to 5% of the total property value for commercial real estate. The exact amount will depend on factors like the state where the property is located, any concessions made by the seller, repairs needed, and the specific fees weve discussed.
Related links
Contract Forms and Related Addenda - Oklahoma.gov
Login to the License Portal to access all Contract Forms. Contract Guide RESIDENTIAL PROPERTY CONDITION DISCLOSURE AND OTHER DISCLOSURE FORMS
As part of the visual inspection plan, all commercial/industrial properties shall be inspected and appraised from schedules and guidelines as set out in the
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