Tag Archives: Commercial

Selling Commercial Real Estate

Have you considered getting into real estate investing as a career? It's a great opportunity for personal and financial rewards. However, you should be certain to think critically when selling, especially when dealing in commercial properties.

Going about investing the wrong way can cause you to lose money, not gain it. Here are a few tips to help those who are new to commercial property investment sell their properties and do well. You can also look for commercial sales listings in Melbourne.

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First, remember all of your resources. A Commercial Investment Multiple Listing Service (CIMLS) will get information about your properties out to more people than most forms of advertisement or listing can manage.

Not only does CIMLS benefit you by increasing the exposure of your property, but it's also free. Just sign up for an account, and you'll be able to put up an unrestricted listing. Get the most out of your marketing and advertising budget by taking advantage of free listings.

Likewise, local free real estate publications can be a great way to get the word out. You may have to pay for a listing in these publications, but some will allow you to add one at no cost.

Many are looking for content and will be willing to work with you. Since people pick these free publications up at many locations around the area, you'll be getting the exposure you wouldn't have had before in exchange for a little time.

Remember to keep an eye on the local judicial system as well. Knowledge of construction rules, tax legislation, and city or local laws are required to pay capital gains taxes, ensure your property is up to code, and follow local restrictions. Consider speaking with an expert broker if you're not sure you have all of the information you need on these legal issues.