What Makes a Great Commercial Real Estate Broker? Why you should hire us…
When it comes to selling multi-family or commercial real estate, it takes an experienced broker to get the job done right. An effective real estate broker understands the local market, knows how to price and market properties, and has a network of contacts to help get deals finalized. Here’s a look at some of the skills that make a great commercial real estate broker.
Market Knowledge
A great commercial real estate broker has an intimate understanding of their local markets. They know who the key players are and what properties are in high demand. They understand trends in pricing, vacancy rates, and cap rates for different types of properties in their area. They have relationships with other brokers, lenders, investors, appraisers, attorneys, title companies, 1031 Exchange for Tax Deferral—the list goes on—so they can bring their clients the resources they need to close deals quickly and successfully.
Negotiating Skills
A good negotiator is invaluable when it comes to closing deals on multi-family or commercial real estate. A great broker knows how to read people, understand their needs and wants, and craft creative solutions that meet everyone’s objectives—all while getting the best possible deal for their client. Negotiating takes patience and persistence; fortunately both are two skills that successful brokers possess in spades!
Marketing Savvy
In today’s digital age marketing is more important than ever before when it comes to selling properties quickly and efficiently. A skilled broker will know how to effectively use digital marketing tools such as social media campaigns and email newsletters as well as traditional methods like newspaper ads and open houses to attract potential buyers or tenants for a property. This combination of online and offline marketing helps create maximum exposure for a property which leads to faster sales at higher prices for clients.
Conclusion: Selling multi-family or commercial real estate requires an experienced professional who understands the ins-and-outs of the local market as well as techniques like negotiating and marketing that can be used effectively to get deals closed quickly at premium prices. If you’re looking for top-notch representation when selling your property make sure you hire someone with experience in all these areas!
Contact Dominick Rivera directly to allow him and his team to show you what they can do for you.