Selling your commercial property should be carried out by appointing a professional commercial estate agent to represent you. There will be a fee for appointing an agent to sell your property.This is a specialist industry and the knowledge and competence of your agent can be make a significant difference to likely sale proceeds.
Your commercial property should reflect market conditions and be comparable to properties being sold in your area. Search on MOVEHUT for similar properties in your area and see the results of the comparisons. You should consult your appointed commercial agent in order to obtain an accurate property appraisal for your commercial property.
It is highly recommended that you choose a commercial agent who is a member of an accredited trade body such as Ombudsman for Estate Agents (OEA) scheme, National Association of Estate Agents (NAEA) and Royal Institution of Chartered Surveyors (RICS). They could assist in any dispute resolution and may also assist in compensating you should you suffer any loss due to negligence. All reputable agents carry personal indemnity insurance, which covers seller’s damages if you receive negligent advice.
Selling a Commercial Property – Carrying Out Local Searches