General Question

simonedb's avatar

How do I go about buying commercial real estate?

Asked by simonedb (50 points ) May 7th, 2010

I have some money and I’d like to buy an event space. Any suggestions on how to find an agent or the next step of the process / how to learn more?

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5 Answers

marinelife's avatar

Simply ask friends if they know of a commercial real estate broker or ask colleagues that they would recommend.

If not, look in the local business newspaper for lists of commercial real estate brokers.

bummer's avatar

I can help you if you are considering the Houston area. I am a broker of 32 years with global experience though you should deal with Broker familiar with your target location.

YARNLADY's avatar

The first steps for buying commercial property are very similar to buying a home – find a reputable member of the National Realtor Association, not just an independent agent. Call the offices in your local area and ask to speak to their top performer, or most experienced. Make an appointment to get together with the Realtor and go over exactly what you want.

mollypop51797's avatar

If you do as @YARNLADY says, and you find personal recommendations from friends and family etc. from your searches, then you should be off to a good start! Do a little homework, get a few recommendations on those who you are looking into, and you’re on the right path! Or, if you’re willing to give out personal information (where you live per say) then just ask the Fluther community

AnnemarieGerald's avatar

If you want to deal in real estate specifically to buy commercial properties, you need to have a good amount of expertise. You need not only having the right capital to invest hence you have to know market conditions as well. Hence in order to know this you have to find a professional real estate agent. In this process you have to visit the real estate agency. You will find real estate agency for your local area. In brampton you will find a real estate agency of which you can get brampton real estate agent. Approaching a reputed and professional real estate agent will lead you in a right and profitable way. Because dealing such a huge commercial properties is not an easy task without knowing the market conditions.

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