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Updated over 14 years ago on . Most recent reply
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Buying/Selling Rental properties
I am not sure what to do here. I am a newbie, and assisting a friend to sell two properties. They are in Va, and the properties are commercial with full tenants. There is a row of townhouses, and a strip mall. It is a great property, and I have no idea where to begin with the networking to find buyers. They are priced (together) at over 4million dollars, so maybe that is scaring people. I know they are very promising and would be a good investment for the right person, I just don't know where to find that "right person". Anyone have suggestions?
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Easy things to do would be to advertise the properties on Loopnet and Craigslist, but that alone probably won't get them sold. I would start interviewing commercial real estate brokers. Talk to at least a few and pick one who sells the most of that type of property in that area.