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The Business of Commercial Real Estate Sales
from:Because of the purpose of this property type, the sale of commercial real estate has strikingly different aspects than that of residential properties. While an owner of a commercial property need not be licensed in order to make a legitimate sale, non owners will have varying licensing requirements depending on their state of practice. In some states, requirements can be fairly lax. In others, one must first obtain a commercial seller's license. For those who choose to wholly specialize in the sale of commercial real estate, there are entire curriculums dedicated to the pertinent aspects of successful commercial property sales.
While many tend to think of residential homes when it comes to the real estate business, commercial real estate sales actually make up a very large part of the industry. Whether looking for new office, retail or restaurant space, it can take a professional to identify the combination of advantages and disadvantages in a property and direct his or her clients in the right direction. The ethical agent looks to educate his or her client so that fully informed decisions to be made. By performing the proper research, agents can assess fair market values for their clients and ensure that all the standards for a sale or purchase are legally met. This can create a stress free real estate experience for everyone involved.
There are some firms that combine their experience of residential, industrial and commercial real estate sales under one roof, while other agencies choose to focus only on commercial properties. This type of agency is likely to provide better, extensive listings for their clients. Depending on the experience of the agency, these listings can range from strictly local venues to listings with international locations. Dealing with listings on international levels is another type of real estate training that requires agents to be able to focus on a great amount of detail. He or she will likely also have training in real estate law.
Many commercial real estate agents are now further specializing in what is called niche properties. Niche properties are those that have a very specific purpose, catering to a special type of business. For example, retirement facilities, dentist office buildings or and industrial complexes would all be considered niche properties. Many of these types of agencies invest in specific niche properties as an extra service to their clients. At times, they will invest in raw land for the future use of niche properties once the proper permits are acquired. Property ventures that produce income via capital gains or rental income are quickly becoming one of the most popular investment options available.
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Houston Texas Real Estate News
US goes after ex-Mexican governor's Texas property - The Associated Press
US goes after ex-Mexican governor's Texas property The Associated Press By CHRISTOPHER SHERMAN, AP – 1 minute ago McALLEN, Texas (AP) — The former governor of a Mexican state bordering Texas accepted millions of dollars in bribes from drug cartels and invested the money in Texas real estate, federal prosecutors alleged in ... |
US to Confiscate Property of Mexican Ex Gov Allegedly Paid for with Cartel Cash - Fox News
 The Guardian | US to Confiscate Property of Mexican Ex Gov Allegedly Paid for with Cartel Cash Fox News McALLEN, Texas – US authorities are trying to confiscate a nearly half-a million dollar condominium and a 46-acre property in Texas purchased by a former governor of a Mexican state who allegedly accepted millions of dollars in bribes from drug cartels ... US Goes After Ex-Mexican Governor's Texas Property Mexico opposition party chides ex-governor in drug probe US justice steps in with corruption allegations as Mexico faces presidential ... |
Boxer Property Acquires 121000-SF Office Building it Sold in 2008 - GlobeSt.com
 GlobeSt.com | Boxer Property Acquires 121000-SF Office Building it Sold in 2008 GlobeSt.com Let GlobeSt.com be your source for everything real estate. NASSAU BAY, TX-In 2008, Boxer Property sold its 120733-square-foot 1322 Space Park Dr. to a tenant interesting in owning the 1970s office building. Four years later, the Houston commercial real ... |
Austin Real Estate Market Rebounds, Claims No. 3 Slot for Recession Recovery - San Antonio Express
Austin Real Estate Market Rebounds, Claims No. 3 Slot for Recession Recovery San Antonio Express Austin Realtor Brian Talley of Regent Property Group said while most of the country is still playing catch-up to pre-recession job rates, the job market in Austin, Texas, has recovered, along with the Austin real estate market - steadying news for ... |
MIG Real Estate Enters Texas Market With Houston Multi-Family Purchase - MarketWatch (press release)
MIG Real Estate Enters Texas Market With Houston Multi-Family Purchase MarketWatch (press release) NEWPORT BEACH, CA and HOUSTON, TX, May 16, 2012 (MARKETWIRE via COMTEX) -- MIG Real Estate, LLC, a Newport Beach, Calif.-based real estate investment company, has acquired Wynhaven at Willowbrook, a multi-family residential community in Houston, Texas. |