property: Commercial Property Sale Process
- 04/02/08 10:57 AM
Selling commercial property is more complex than selling residential property, and the buyers of commercial property have a different mentality than those of residential homes. Buyers of residential housing tend to be concerned with the emotions of living in the home, while buyers of commercial property view the property as an investment vehicle designed to generate income. If the numbers make sense, a bidding war is likely to occur. If the numbers do not make sense, the sale could be tough. The sales process for commercial properties is much more business-like, and the buyers tend to be much more sophisticated. They (2 comments)
Aaron Muller is a leading authority on selling businesses in Washington State. Having sold over 100 companies and done over 40 SBA loans, Aaron shares his advice on business valuations and the best ways to get a business sold.