While on the residential side owners might not hesitate to retain an exclusive property agent to represent them, for commercial real estate you might be surprised to learn that many owners decide to sell properties without a broker. However, for commercial property sales that occur without a broker, owners run the risk of leaving money on the table when the transaction takes place. If you decide to sell a building, you might be able to get more value from the sale by using an exclusive property agent. There are several reasons for this, and we’ll go through them in the following sections.
Consider these points when thinking about choosing an exclusive property agent:
Getting An Inside Expert
Harcourts Purba Bali has been selling properties for more than a decade, values hundreds of properties a year, and also sells dozens of pieces of real estate annually. An in-the-know property agent will be in tune with market conditions and be able to point out the active buyers in the marketplace. If you sold a property three years ago, and want to sell another today, you might find that many changes have taken place since the last sale.
Gaining Maximum Exposure
You’ll want to reach the widest audience possible when selling a property. To do this, it’s important to have the property posted on multiple listing sites and work with a listing property agent who can advise you on how to best position the place in the market. For instance, with the challenges in the office market today, the highest and best use for an office property might not be another investor purchasing it. Instead, an end user might be interested in buying it, and a company could come in, purchase it, and use it for their purposes. Or an office property could be sold to a buyer who wants to carry out a residential conversion. An exclusive broker can help you make decisions regarding how to present the property and get the highest price.
Having Someone In Your Corner
If you want to sell a property on your own and work with multiple property agent who bring in potential offers, keep in mind that these brokers are working for the buyer. They’ll be looking to get the lowest price possible for the real estate. Instead, if you have a seller’s representative, you’ll have someone in your corner working for you and helping you to get the highest price possible, along with the best terms.
Meanwhile Harcourts Purba Bali proudly presents the exclusive listing of Deyu Bali Apartments & Penthouses, situated in the prime area of Bingin Beach, Bali. These luxurious properties start from IDR 1,552,000,000* for a 30 years (+ 23 years) leasehold. Offering breathtaking views and top-notch amenities, Deyu Bali is the epitome of upscale living. This is a unique opportunity to own a piece of paradise in one of Bali’s most sought-after locations.
* The price is based on an IDR 16,000/USD exchange rate at the time of writing. Price may vary depending on the current exchange rate.
