So you’ve finally decided to sell your commercial property. The ad has been posted, the agent has been contacted and you’ve chosen a new location for your business. If you and your staff have finally started packing, remember these things to make sure that you maximise the value of your soon-to-be former property.
Whatever you’re planning to sell, make sure the place is spotless and free of anything that can turn away a potential buyer. There are very few people who will buy a messy place no matter the price.
As a property owner, the last thing you want to do is leave a mess for your buyer to discover. Bird and wasp nests, water stains and even old and dying plants must go. Your staff may have put up with them, but buyers should not have to. Hire a cleaning company if you must to raise the property’s value.
Repair and Remodel
A step up from cleaning the place is, of course, repairing and remodelling what is outdated or simply not working. This includes getting rid of leaks, fixing drainages, repairing rooms and repurposing spaces for something more appealing.
Replace broken doorknobs and locks. Repaint the walls if necessary. It might help if you hire a company offering commercial property management. Brisbane investment experts say property managers can handle promotion and other tasks.
Plan the House Tour
As the former owner of the property, you are expected to know the ins and outs, plus the top selling points. While you may have a real estate consultant and even a professional auctioneer to assist you, they will only be there to make the sale more seamless.
It’s still your responsibility to let your audience feel at home. Do not force them to come to a decision immediately while they are checking the house. Use scent marketing to keep them comfortable and stay long enough to imagine themselves buying the property.
There you have it, three important steps to do once you’ve decided to sell your property. Always check the reputation of the property management company you’re asking help from. Their expertise, along with your preparation, should give you a good deal.