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# 12/02/2013 à 16:46 Beeksaize (site web)
When dealing with commercial property developers , you must be knowledgeable in real estate. You need to get your ducks in a row with anything commercial. No matter how easy you think it is, you may miss out on something you did not think about. You will learn lots of important pointers regarding commercial real estate by reading the following information.

You must know how to deal with an emergency, should it arise. Speak with the landlord about handling of emergency repairs just so you know who to call in that situation. Be sure to have emergency numbers on hand, and remember to check about a quoted response time for maintenance emergencies. Use the information provided by your landlord to help you prepare a plan for when normal business is disrupted by certain events.

Always go through the disclosures of an agent before hiring him or her. Remember that a dual agency could occur. When dual agency exists, the agency advocates for both parties in the transaction. Or, for short, the agent is looking out for both parties' interests. The fact that the agent is representing both parties must be disclosed to everyone involved and those parties must sign off on it.

If you are looking to lease or rent, the issue of pest control is a critical one to address. It is a good idea to consult your rental agent for information on pest control policies, especially if the area your property is located in is known for a high population of insects and rodents.

Keep the smaller issuer for later on in your negotiations and the larger ones first, when you write a letter of intent. This will diffuse tension during negotiations and will facilitate compromise on the minor issues.

Learn to understand the commercial real estate metric called Net Operating Income (NOI). Having positive numbers is the only way to ensure success.

One of the biggest considerations in the process of attaining commercial property is to know the neighborhood of each and every prospective location. If you are looking in a high-rent neighborhood, you may have a better chance at success once you get going because of the potential of area residents to have money to spend. Or if your services are for the less wealthy, purchase in this type of area.

Ensure you have the best real estate agent, ask if they are successful and judge their response. Your broker should be able to explain what standard they use to measure results. You need to understand how they run their businesses. Work with a real estate broker only if you share the same beliefs and strategies.

When you're in the market for commercial property, find your lender prior to making an offer on it. Talk to other people and get their help in drawing up a list of potential lenders. Research each lender, and choose one that you think can best help you prior to starting the process of buying commercial real estate. You will find the process of getting your loan to be much easier when you have taken the time to get all of your details arranged ahead of time.

The hints and tips that were given to you in this article should have provided you with the knowledge to get a successful start on your venture into the purchase or sale of commercial real estate investment . By following these specially selected tips, you can practice your skills at buying and selling commercial real estate and become a real pro.
# 13/02/2013 à 02:16 Odororver8 (site web)
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