“I want to sell my commercial property. How do I do it?”
If it’s time to sell your commercial space, you’re probably feeling many things: anxious, excited, and optimistic about how much your property will fetch.
The one thing you don’t have to feel, though, is unsure about whether or not you can boost the value of your property.
While there’s not much you can control about many parts of a real estate sale, you can take proactive steps to improve your commercial space and make it more valuable, before you sell it.
Here are some smart tricks to get you started:
4 Essential Tips to Sell Your Commercial Property
Regardless of whether your property is a large, sprawling plot or a small building, you can improve its value with the following tips and tactics:
1. Boost Your Curb Appeal
Want one of our top selling commercial real estate tips?
Improve your building’s curb appeal before you list it.
The “curb appeal” of a property is the way it looks from a curb. It’s what welcomes people in and makes them want to explore your space.
It’s important to improve curb appeal during a residential sale, and equally important in a commercial property sale. When your property looks good from the outside, it attracts more viewers and has the potential to fetch a higher sale price.
Here are a few tips to boost the curb appeal of your business:
- Pressure wash the outside
- Give the building a fresh coat of paint
- Redo your landscaping and garden beds
- Fix any broken windows, light fixtures, or outdoor elements
- Fix the potholes in the parking lot
- Replace the roof and clean the gutters
Go a step further by hiring a professional, property management cleaning company to clean up the exterior and get it looking tidy and ready for purchase.
2. Paint the Interior
Nothing refreshes the inside of a building quite like a coat of paint. With this in mind, give the inside walls of your property a nice, fresh coat of paint to keep it looking good and feeling great.
In addition to masking slight imperfections in your walls, this also covers up dirty, dingy spots and makes the space feel new.
For best results, keep the interior color light and neutral. While bright colors can be fun, they won’t appeal as broadly to potential buyers.
3. Have the Carpets Cleaned
The outside of your building looks great, the interior paint is fresh, but the carpets are stained and filthy.
That doesn’t make a great first impression, does it?
Avoid this by having your carpets professionally cleaned before you put the building on the market.
A commercial cleaning service can do this for you for a low price, or you can shop around to get a few quotes from commercial cleaning companies in your area. Chances are good it won’t cost you much and can make a big difference in the price you fetch for your real estate.
4. Stage the Building
If you’d like to make it even easier for a potential buyer to see themselves in your building, hire a professional staging company to make the space look as good as possible.
While the buyer won’t actually get to take any of the staged furniture with them when they purchase the property, dressing the area up can be all an iffy buyer needs to take the leap and make a purchase. You can even choose to stage your building virtually.
What to Consider When Selling Commercial Real Estate: It’s Smart to Bring in the Pros
It can be tough to figure out how to sell a commercial property as an owner. There’s good news, though: simply hiring a professional cleaning company can help.
Whether you’re listing a commercial space for the first time or you’ve sold many businesses like this in the past, we’re here to help you take a proactive approach to getting as much value as possible from your commercial real estate.
Contact us today to learn more.
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