With more buyers in the market to purchase commercial real estate than there are sellers on the market to sell, why are some properties not selling? After all it is a Seller’s market, right? Sellers need to consider that it may be over inflated expectations that are keeping the offers from pouring in. Allen Buchanan, of Lee & Associates Orange, outlines 5 reasons that your commercial real estate is not selling:
- Building is overpriced.
- Lacks key amnities.
- Unrealistic expectations.
- Use restrictions.
- Representative is uncooperative.
An original post on AllenCBuchanan.com on October 13, 2017 written by Lee & Associates’ Allen Buchanan in Location Advice – California Businesses. Image Attribution: www.realestate.us.news.com