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Updated over 9 years ago,

User Stats

77
Posts
60
Votes
Brian T. Grooms
  • Developer
  • Arizona
60
Votes |
77
Posts

using commercial buyer's agent

Brian T. Grooms
  • Developer
  • Arizona
Posted

So I am looking at a commercial piece of property to use on my own behalf ( that is the primary plan anyway). I have found a unique property and have communicated with the seller directly. This property is not listed and there are no agents involved. This is not a cheap area or property so it will be a large investmen for me (1mil-2mil). I am still a real estate novice and am wondering if in addition to using a lawyer for entity formation and to do a purchase contract, should I use a buyers agent to represent my entity that knows this area well and is experienced in commercial transactions in this area? I am not sure what we should offer initially in our purchase contract so that we can lock up the property to then begin a feaseability study and do due diligence.

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