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Can a residential realtor sell commercial property in NC?
However, no state differentiates between the sale of residential and commercial property, meaning that a residential agent could certainly legally sell commercial real estate.
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.
How do you negotiate a commercial property purchase?
6 Steps to Negotiating a Commercial Real Estate Purchase for Define Your Must-Have Property Criteria. Create Offer Strategy Based on Financing. Assemble Your Deal Team Early. Make a Fair Initial Offer. Negotiate Optimal Contract Terms. Maintain Leverage Until Closing.
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.
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