If you are looking for a commercial property to lease or buy, its always advisable to use a reputable real estate agent. The market is flooded with real estate agent, for this reason the process of choosing one can be a daunting task. How do you differentiate a reputable real estate agent from the rest? The tips below can be of great help in choosing a commercial real estate agent.
When looking for a real estate agent go for one that has been registered and licensed by the state. Insist on getting a copy of the license the agent is using and verify its authentic. Does the real estate agent have a physical office?
How long has the real estate agent been in this field? Go for a real estate agent that has been in this field for years. The agent will offer you better services, since they have diverse knowledge in this field. In case you are buying the commercial property through financing, the agent will advise you which financial institution you should use. If you deal with an agent who is not experienced, they will take time before getting you the commercial property that you want and this can inconvenience you.
When choosing a real estate agent, it is advisable to choose one that is based in your area. To find commercial real estate agents near you, search on the internet.
It is important you do your homework and research on the real estate agent you are prospecting. Check what people are saying about the commercial real estate agent on different platforms online. Also, check if there are unresolved cases filed against the agent by past clients. Go for a real estate agent that has the best reviews on different platforms online.
Does the real estate agent have any customer references? A reputable real estate agent should not have a problem giving you their reference list. When you call the real estate agent references, ask them about the professionalism level of the agent, the customer service and the agency fee. A commercial real estate agent that has been meeting the needs of their clients over the years will always have many satisfied clients.
How much will the commercial real estate agent charge you for their services? There are real estate agent’s that will charge you a flat fee, while others will charge you a percentage of the value of the property you are buying or leasing.
When searching for a real estate agent, contact your friends, family members and business partners and ask them, if they know one who is reputable that is based in your area. One advantage of asking for referrals from people close to you, they will always give you an honest opinion on how their experience was.