Purchasing commercial real estate through networking

By
Real Estate Agent with Century 21 Fusion

When looking to purchase commercial real estate, a large number of the available properties will never hit your local MLS. Often times, properties will be shopped around through a network of known buyers before they are made available to the public. In order to be one of the known buyers or prospective buyers who is contacted when the potential selling of the property becomes available, it is vital that you remain in constant contact with your Realtor as well as any other potential points of contact for the transaction. 

If a property has been listed on the MLS, it is likely that it has already been passed over by a large number of commercial real estate buyers in your city. Be sure to have a thorough inspection done on the property and if it is an existing business make sure to complete a financial audit on their books and understand all aspects of the business. Commercial real estate is very lucrative, but it is very much a game of who knows who where the richer get richer and those not in the know get left in the dust. Be sure to keep in contact with your local commercial Realtor and remember to get out and network! 

Search all commercial properties for sale in Saskatoon: http://www.saskatoonrealty.com/search-commercial-listings.html

If there is specific commercial real estate need you have in the Saskatoon real estate market, please feel free to contact me.

Susan Zwarych

Century 21 Fusion

Saskatoon, Saskatchewan

306.341.0181

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Rainmaker
191,729
Thomas Santore Lic Associate Real Estate Broker
Coldwell Banker Residential Brokerage/Coldwell Banker Commercial NRT - Yorktown Heights, NY
RealtorĀ®-ABR-Land, Residential & Commercial Sa

Word of mouth does seem to get some nice pieces of commercial properties sold. Don't know how to compete with that , any advise?

Mar 13, 2013 12:18 PM #1
Rainer
31,107
Susan Zwarych
Century 21 Fusion - Saskatoon, SK

Marketing... through word of mouth? ;)

Mar 13, 2013 12:46 PM #2
Rainmaker
2,346,102
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

I'm not that familiar with commercial real estate, so you've provided some good insight Susan.....thanks.

Mar 14, 2013 12:37 PM #3
Ambassador
3,981,814
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

It takes a special agent to sell commercial properties and to do it well. You seem to know the business very well. Kudos and much success. 

Mar 14, 2013 01:34 PM #4
Ambassador
1,139,717
Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Susan, I once had a seasoned Commercial Real Estate broker ask us residential real estate agents why we list commercial listing in our MLS, since many of the Big Name Commercial Brokers do not use our MLS to post their listing. They use their own website, and now, I am beginning to see more show up on Loop Net.  It word of month with many of those Commercial brokers in my area too, especially the large shopping centers, malls, hotels, restaurants, etc.

Mar 14, 2013 01:40 PM #5
Rainmaker
3,752,142
Dorie Dillard CRS GRI ABR
Coldwell Banker United RealtorsĀ® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Susan,

Commercial real estate is so different than residential..you seem to have a handle on the business..Good for you!!

Mar 15, 2013 07:26 PM #6
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Rainer
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Susan Zwarych

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