How are commercial agents handling long distance listings?

[Martin Z.]

I noticed some brokers are listing properties for sale or lease that are 5 or 6 hours away from them, or even in other states. What happens when a prospect wants a showing?

Thanks

[Joel Owens]

Depends on what type of asset it is.

Retail the buyer as options could go drive the area,walk in and out of the businesses as a customer,etc.

They could not talk to the tenants in a buyer mode or disclose the property was for sale just be a casual observer or looker.

The property management company could coordinate a more intensive inspection with the buyer if they were under contract to purchase.

A lot really just depends on the circumstances. Brokers would generally not look at requests from buyers anyways until seeing financials and qualifying them. 

You do not have to always be local to the asset to sell properties as a broker/agent. For leasing it could be a larger company with the lease contract from the owner and they designate and associate close by or the property manager if they do PM also to show the site.