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Updated about 7 years ago on . Most recent reply

Commercial Realtor or not
Is it best to use a commercial realtor for a commercial property or is a residential buyers agent good enough? I've never purchase commercial and I don't want to miss anything during the process.
Most Popular Reply

@Georgee Gilbert I think you're faced with a little bit of a catch-22. Of course you'd want to use a commercial broker in a situation like yours. Looking at a commercial property, a store front, etc. That said, a lot of them can be a giant pain to just plain get ahold of. I use a "residential" agent for what I buy but I'm mostly looking at commercial multifamily. She knows the area, prevailing rents, has done a lot of business, knows the builders, etc. But that's a little different than me looking to by the Taco Bell that has 12 years left on their triple net lease on a high traffic corner. The latter example is at the top of my mind because it's also for sale in the market where I invest and I have absolutely no idea how good of a "deal" that is it or how to really assess it. Anyway, rambling aside I'd say that you should get a commercial broker if you can to help you through the deal but if calls are going unanswered and you have a responsive residential agent I don't know if it would stop me.
I hope this helps...a little...maybe...