The Most Common Mistakes Sellers Make When Choosing Commercial Property Agents

Aug 7
14:26

2013

Seth Atkins

Seth Atkins

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When it comes time to sell your home, you should be working with someone that you trust. This is no different than any other business deal. Often, people handle these situations the completely wrong way though. When it comes to choosing commercial property agents, there are certain mistakes that you must avoid if you want to sell your house. The following guide explains and points out the problems you must avoid to have this transaction become a successful one.

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When it comes time to sell your home,The Most Common Mistakes Sellers Make When Choosing Commercial Property Agents Articles you should be working with someone that you trust. This is no different than any other business deal. Often, people handle these situations the completely wrong way though. When it comes to choosing commercial property agents, there are certain mistakes that you must avoid if you want to sell your house. The following guide explains and points out the problems you must avoid to have this transaction become a successful one.

First off, you must avoid using someone who is your friend. It’s heart breaking to turn down your college roommate who offers to help you sell your place, but it has to be done. Don’t even think that your family member will be any better. When it comes to choosing commercial property agents, you have to work with someone who will not let emotions or feelings get involved. A true friend will understand that this is an extremely important business deal, and that your relationship should not be jeopardized in case it goes badly.

Next, think before you leap. Just because the first person you talk to, tells your everything you want to hear, don’t make the decision just yet. It’s important to talk to more than a few commercial property agents before you settle down with one. Set up an entire week where you have multiple meetings with various people. Listen to each of their presentations and take notes. Most importantly, take a significant amount of time and reflect on who best suits your needs in the long term. Just because something sounds good now, doesn’t mean that it’s going to be fabulous in a few months time. Choose your partner wisely, because you will be working with them for an extended amount of time.

You should never settle for less than you want. Never start working with commercial property agents just because they agree to sell for the price you want. If the cost of the property is the only thing that you have in common, than you’re in trouble. Cindy Davis, a long-term business owner, went through this experience when she only agreed to work with a broker because they matched her price. She later found out that the agents were more interested in themselves, than they were in her as a client. This is a fast track way to lose money and time, so avoid these kind of people all together.

Last thing but also most important thing you need to do, is to check references. Even if you have a fabulous sense of judge of character, you need more than that. Commercial property agents will tell you what you want to hear. A snap judgement will leave you working with someone who is neither competent nor honest. Do some online research and find current reviews of their company and contact some of their clients.  You may think that they are great because they’ve been in the business for a long time, but beware. Sometimes old agents are worn out and jaded, and a newer agent would give you 110% effort.