Recommended Methods of Finding Commercial Cash Buyers?

[Alec Minello]

Hello all. 

I recently started getting involved in "wholesaling" commercial properties. I have experience with residential properties, but when it comes to finding buyers for multi-million dollar commercial properties like hotels and gas stations, it's a bit of a new game to me. I am not a licensed agent or broker, so will be relying on receiving a "finders-fee". 

So to those that have experience in this field, what are some recommended methods that you would suggest I try to find commercial buyers? I have posted on Facebook pages and groups as that is my primary method of finding cash buyers for residential properties, but any other suggestions are welcomed. 

Thanks, 

Alec

[Greg Dickerson]

Originally posted by @Alec Minello:

Hello all. 

I recently started getting involved in "wholesaling" commercial properties. I have experience with residential properties, but when it comes to finding buyers for multi-million dollar commercial properties like hotels and gas stations, it's a bit of a new game to me. I am not a licensed agent or broker, so will be relying on receiving a "finders-fee". 

So to those that have experience in this field, what are some recommended methods that you would suggest I try to find commercial buyers? I have posted on Facebook pages and groups as that is my primary method of finding cash buyers for residential properties, but any other suggestions are welcomed. 

Thanks, 

Alec

You can search the property transfer records in your city or subscribe to a service like Reonomy however there are not many cash buyers for commercial properties especially right now. This is a very different business than wholesaling houses or land. Commercial takes a lot more time to close and requires significant due diligence etc. You need serious expertise in the space and the ability to convince a seller to do business with you as apposed to a commercial broker as they are in contact with commercial property owners on a consistent basis.