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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.
Maui Real Estate Specific links
Maui Real Estate News
Seibu Holdings Mulls Selling Hotel Business In Hawaii -Source - Wall Street Journal
Seibu Holdings Mulls Selling Hotel Business In Hawaii -Source Wall Street Journal In 2007, it sold the 310-room Maui Prince Hotel Makena Resort to Honua LLC, a firm owned by Morgan Stanley Real Estate. The move comes as the firm prepares to relist on the Tokyo stock market after being delisted in 2004 due to falsifying financial ... |
Maui Land's $244K Loss Reflects Modest Real Estate Sales - LoanSafe
Maui Land's $244K Loss Reflects Modest Real Estate Sales LoanSafe The Kapalua-based company, which is primarily involved in resort and real estate operations, relied largely on land sales to affect earnings in both the recent and year-ago quarters. In the recent quarter, Maui Land sold an Upcountry parcel for a $1.4 ... Maui Land & Pineapple Reports 1st Quarter 2012 Results Maui Land & Pineapple reports Q1 loss |
Concierge Auctions Presents Three of the Nation's Best Buying Opportunities in ... - MarketWatch (press release)
Concierge Auctions Presents Three of the Nation's Best Buying Opportunities in ... MarketWatch (press release) KAUA'I, Hawaii, May 24, 2012 /PRNewswire via COMTEX/ -- Three luxury cottages located within Kukui'ula, an ocean view real estate development and community ripe with amenities amongst the lavish landscapes of Kaua'i, will be sold at auction on June ... |
Maui Land & Pineapple Reports 1st Quarter 2012 Results - MarketWatch (press release)
Maui Land & Pineapple Reports 1st Quarter 2012 Results MarketWatch (press release) Included in the first quarter of 2012 was a $1.4 million gain recognized from the sale of a real estate parcel in Upcountry Maui. Included in the first quarter of 2011 was a $15.1 million gain recognized from the 2010 sale of the Kapalua Bay Course. |
County charter provisions promote growth of government - Maui News (blog)
County charter provisions promote growth of government Maui News (blog) But it occurred in a county experiencing an economic growth spurt generated by an expanding resort industry coupled with a burgeoning real estate market. US Census data illustrates the growth. From 1970 to 1980 to 1990, Maui County's population doubled ... |