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Sign into your accountCommercial Real Estate Listings Tips
August 07 2013
Commercial real estate. We rarely talk about it, but it's kind of a big deal. It is estimated that commercial real estate in the US is worth approximately $5 trillion. That's a lot of scratch! The NAR Commercial Real Estate Quarterly Market Survey released in July revealed that both sales and leasing activity are on the rise, showing significant improvement from the previous year.
If you're a dedicated commercial real estate agent – or a residential agent thinking about trying something new – here are some commercial real estate listings tips that will help you best advertise your listings, whether you post them on the MLS (and syndicate to portals like PropertyShark and Homes & Land), LoopNet or elsewhere.
The key to commercial real estate listings to be clear and concise, ensuring that you include every asset. Unlike residential real estate, a market in which some agents write creative listing descriptions, this is no place to encourage the reader's imagination to take flight. People have important business criteria to meet when choosing a commercial property for sale or lease so... just the facts, ma'am!
- Include accurate details of all structures on the property. Note the square footage, full dimensions, number of bathrooms, etc. Is there dedicated office space, retail space or meeting areas? How about any loading bays or warehouse space?