@Dovid Staples there were three RE agents representing both buyer and seller and I can point you towards their names if you would like, then you just have to look them up on realtor.com, zillow or the licensing website

Generally speaking, every 5 mile circle in the country represents a "market" for storage and what happens in one is of little consequence to the others (even those very nearby). 

If it's a short sale, an agent would be required to represent the seller per almost all investor guidelines on the note.

I am pretty sure all you need is a salesperson license to represent clients buying, selling and leasing, commercial property.

My hesitation is how easy is it to actually back out.What should be in the contract to ensure that I'm able to renegotiate the price or back out completely if the scope of work is not represented accurately?

And since just about every top luxury brand in the world is represented there now I think it's going to continue to be one of the playgrounds of the rich for a long time to come. 

Yes and sometimes you can talk to the banks representative that is at the auction and work a deal

Depending on the amount of money involved, it may be a small claims court matter or you may want to hire an attorney to represent you to pursue the matter.5.

No concerns at all, quite honestly, as that isn't representative of what really is going on in our market. 

The property was represented to be taking in $1,400.00 per unit.