5 Tips for Selling Your Miami Commercial Real Estate

by Isaac Benmergui, Esq on July 25, 2012

When you’re ready to sell your Miami commercial real estate, keep the following tips in mind for protecting yourself and getting the best deal for your property.

  • Get the property inspected. You’ll be able to fix minor problems before they’re discovered by your buyer, which could lower the purchase price. Also consider getting an environmental report to determine if there has been any damage to the surrounding area. If the buyer would discover a violation later, they could look to you to repair and pay for the damage.
  • Get a broker who values finding the right buyer, not just selling the property.
  • Take pictures of everything, including any defects.
  • Cast a wide net to catch investors. Build relationships. Most commercial property sells without ever being listed.
  • If you do advertise the property, look for buyers locally and across the miles. Given the hot Miami market, investors from miles away are looking to open new locations in the South Florida commercial market.

There are a just a few tips to get you started as you ready your commercial property for sale. The law offices of Isaac Benmergui can help you with all your legal commercial real estate needs; call 780-800-2510 or email Isaac@benmerguilaw.com for more information or to set up an appointment today.

 

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