10 TIPS
COMMERCIAL REAL ESTATE ADVICE
10 Commercial Real Estate Negotiation Tips by Ravi Aulukh.
1) Know the property you are looking to buy or sell better than anyone else
2) Know what other comparable are currently available
3) Know what else has sold in the area that is comparable to the property
4) Understand the motivation of the seller is selling or the buyer is buying
5) Know what is the most and least you are willing to pay before you walk into negotiations and what other concessions you expect and are willing to make
6) Always be mentally prepared to walk away
7) Use time to your advantage so make sure you have lots of it
8) Success is in the Details, so dot your i's and cross your t's
9) Check your ego and emotions at the door and stay focused on your goals
10) Refer back to 1
Ravi Aulukh is studing at the Appraisal Institute of Canada
with the Accredited Appraiser Canadian Institute (AACI) – (3 courses remaining) and works in the office of RE/MAX COMMERCIAL ADVISORS INC with Michael Davidson. Michael Davidson would be happy to Refer you Ravi's services. If you are an Investors holding real estate in Canada or the USA speak to me about how I can help you make your realty goals become a reality.
Comments(1)