Category Archives: real estate

Where to Find Commercial Properties for Sale

online-listingsWhat do you need a commercial space for? Simply put, these are assets used for business either as the product itself or as a tool in deriving products that make a profit. Examples of this would be shopping centers, store spaces, retail areas, industrial assets, offices and vacant lands among others. If you are looking for commercial properties for sale then you have to know where to look, lucky you because we’ve got a list of these places. Scroll down to see what these are!

  • Newspaper Listings

By far the most traditional source in this list, newspaper listings are one way to achieve this feat. The classified ads section are not only cheap on the part of the sellers, they too come on a daily basis creating more exposure.

  • Online Listings

With the charm of the digital world, commercial property listings are also available online. A few keywords on your search bar will garner you an endless list of sites and places to see. Just see to it that the websites you look at are trusted and scam-free. Check with the Better Business Bureau’s site to validate.

  • Advertisement Posters and Banners

There are also posters and banners around from your local library’s corkboard of announcements to an ad plastered on a wall. These are also an affordable alternative and are often directed to the community or local market.

  • Signage and Notices

The first thing that any commercial property seller would do to announce that an asset is up for grabs would be through signage and notices posted on the property’s windows or doors. Outside, there can even be a huge sign that screams “This property is for sale.”

  • Real Estate Agents

Of course, you can always hire an agent to do the work for you. With their expertise and wide range of connections, networks and sources, they can surely be of help especially if you don’t have the time to do everything on your own or if you are just more confident having an expert around.

  • People You Know

Lastly, ask people you know. It can be a neighbor, a friend, a colleague or whatever. You never know if they know of a place being sold that suits your needs.

Of course, it is advisable that you go with a combination of these sources. Not all sellers and owners put up ads in all of them, some do with combinations too while others can only afford one. Good luck in finding those commercial properties for sale!

Creating Value for a Residential Property Investment

Whether you own a residential property investment for personal use or for purposes of renting it out or even selling it, adding value is crucial to ensure that you make the most out of your deal. Besides, would you want your asset to simply depreciate and end up being worthless? Of course you don’t because that is not investments are supposed to work. To help you on the matter, we’ve got some advice from singerviellesales.com on how you can create value for your residential properties.

1. Plumbing and wiring systems are gold. – Future investors or buyers will prefer something that’s fuss free and it would be a worthwhile investment for you to actually update and improve the property’s plumbing and wiring systems. This is particularly true for older homes with defunct and damaged wiring, plumbing and drainage. Remember that it’s not all about what the eyes can see. A home is also valued for those that are not immediately visual and are kept hidden within walls and tubes.
2. Paint over old and peeling walls. – Dirty walls with peeling paint and wallpaper make a property look less inviting and thus bring down its value. By simply adding in a fresh coat of paint, often in neutral shades like beige and weight, helps the property look better kept, neat and attractive.
3. Kitchen and baths are always a good idea. – If you plan on renovating your space, focusing your energy and resources more on the kitchen and bathrooms will bring in more value for the asset. This is simply due to the market’s demand. Most people want pretty, spacious and functional kitchen and bath areas.
residential investment UK4. Acknowledge curb appeal. – The house itself should not be the only one that’s pretty and well maintained. The outdoor areas should too and that includes the curb, the front lawn, the walkway areas and the backyard. Simply keeping these places neat and tidy and with trimmed and well taken cared features will already boost prices up. By simply painting over an old fence, trimming the grass, tidying up the garden, uprooting weeds, installing walkway lights and lamps are already adding more value.
5. Bring in natural light. – Not only is it inviting but it also allows for rooms to be better lit up and makes them more eco-friendly and energy efficient. At the same time, sunlight in residential property investments helps maximize space, making areas appear and feel roomier than they actually are.

How to Put a Commercial Investment Property for Sale

retail propertyIf you are a landlord, an investor or a company who wishes to put a commercial investment property for sale, here are some tips from singerviellesales.com on how to do just about that! Now grab your pen and paper. Take down notes and let’s get started!

  • Prep up your property.

You can never leave the space looking dull, dirty and deranged. You have to make the necessary repairs. Clean up the front lawn as much as the building. Change up broken windows, fixtures and lighting as needed. Add a fresh coat of paint, preferably white or beige, should the old one be peeling off or if the wallpaper has gotten bad. Even if the space is quite barren and you’d only see walls upon floors, cleanliness is crucial because no buyer will want to purchase something that doesn’t look functional.

  • Have it examined and valued.

Hire a chartered building and property surveyor to assess the asset. Have them determine its remaining useful life, current market value, salvage value if any, structural condition and all other relevant information that prospect buyers are likely going to inquire about. Plus, all of these should help you in determining the asking price on the commercial asset.

  • Determine your target market.

Who are likely to want to buy the property? Different types of asset depending on their combined features are likely to attract or interest a certain group or groups of investors. It is your job to find out who these might be and get to know them. You must have knowledge about the likes, preferences and profile of your market to better target your property towards them and negotiate a sale.

  • Choose your marketing strategy.

You have to market and advertise your commercial investment property for sale. If you don’t then there are fewer chances for buyers to know about it. No matter how great it is or how attractive your asking price is, if people do not know that it is for sale then they won’t be knocking on your doorstep to buy it.

  • Schedule property visits.

When prospect buyers come forward, be sure to give them a little tour to the property. This is why the first item on this list is very important. Now read that again.

  • Fix the papers.

Lastly, be sure to fix all documentary and legal requirements necessary to validate a commercial investment property for sale like titles, contracts and the like.