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If you’re looking to buy or sell your commercial real estate, the location of the property, economic outlook, and market performance will all contribute to whether or not you have a favorable outcome. However, a huge factor for success lies with the agent you choose to work with. Here are three essential characteristics your agent should possess.

Best Qualities of a Commercial Real Estate Agent

1. Experienced in Commercial Property Solutions

While some agents may have a track record of success for buying and selling homes, that doesn’t mean they will do a good job when it comes to commercial real estate transactions. As such, it’s best to select an agent with extensive experience in this area. If you’re a buyer, your agent should be keenly aware of your business goals and know how to find a suitable property.  If you’re selling, however, the agent should understand your target market and know how to attract them. To determine if they are right for the job, ask about their years of experience, their previous clients, and their latest deal.

2. Communicable & Reachable

commercial real estateCommercial real estate transactions can take months to negotiate. And within that time, the market can change, which means you may need to adjust your strategy. For this and other reasons, you’ll want an agent you can reach on short notice, who will be eager to strategize and give you progress updates. When you’ve spotted an agent you might want to work with, pay close attention to how prompt and professional their response is when you send them an email or a message via their website. 

3. Honesty & Transparency

Trustworthiness is probably the most important trait to look for in your commercial real estate agent. If you can’t trust your agent, your relationship will be doomed from the onset. Work with an agent who gives you the information you need to make a sound business decision. They should outline all your options and clearly explain the pros and cons of each, even when doing so means they stand to make less of a profit for themselves. You need an agent who puts your goals above their ambitions.

 

If you are looking for a reliable commercial real estate company to sell or buy properties, depend on APPRO Development, Inc. & CERRON Commercial Properties, LLC, in Lakeville, MN. With over three decades of experience in real estate development, these two companies have collaborated to offer a wide range of services that can help you design, sell, or even buy a commercial property. To find out how they can help you, visit their website or contact them at (952) 469-2171.

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