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Using a Commercial estate Agent
(Time Frame 3 months)
- Contact a number of commercial estate agents.
- Allow 7 days to arrange convenient times for them to inspect the property.
- Allow 7-10 days to receive marketing reports and opinions of how much the property should be marketed for together with their Terms & Conditions including their fee proposal.
- Compare advice received, opinions on value, consider commissions and choose an agent.
- Sign estate agents contracts and commit to fee and agency period – normally 12 weeks sole agency.
- Wait for marketing details to be prepared.
- Allow agent and potential buyers access to view your property.
- Wait for any offers. Otherwise reduce price, on average 10%
- Receive offers and possibly accept.
- Instruct and pay for solicitors.
- Allow buyer time to instruct local authority searches and bank survey. Follow further enquiries, often reduce price to cover issues.
- Exchange contracts and agree a completion date that the buyer is happy with.
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Using SellCommercialpropertyFast
(Time frame 2-4 weeks)
- Within 24 hours of receipt of the enquiry A Sell Commercial Property Fast manager personally visits the property to give you a free property appraisal.
- We make you an offer to buy your property within 48 hours. The offer is valid for 7 days.
- Once you accept our offer we will require;
- Evidence that there is clean title/proof of ownership.
- Evidence of sufficient equity available in the property to allow all charges against the property to be released.
- A RICS valuation / Bank Valuation.
- Subject to the valuation and the points above being satisfactory we will instruct solicitors. In some instances we can even pay your costs.
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