Whether you have decided to close down your business or you simply want to relocate, you will want to try to make sure that you are getting as much money out of the commercial property that you currently own. To help you do that, you will want to make use of these tips.
Get The Property Appraised
This is something that you want to do right away because you want a clear understanding of what you are working with. If the appraisal comes back and it is a number that you are not satisfied with, you can ask the commercial real estate appraisers for advice on what can be done to the property in order to improve its value. Based on their expertise, they should be able to give you some quality tips on things that they will be looking for when they return later for a final appraisal.
Get The Exterior Spruced Up
Those looking for a new home for their businesses want to feel as though your property is very welcoming as they pull up to it. After all, what they feel about your commercial property might be how their potential customers feel about the place. They do not want to have customers turn away because there are huge cracks and potholes all throughout the property or because there is paint chipping off the front of the building. Sure, the new owners could tend to all of that on their own, but you can get a lot more money for the sale of your commercial property if you spruce up the outside on your own. Fix problems with your parking lot and any sidewalk that is present. Give the exterior a fresh coat of paint, fix any faulty windows, and make sure that the entrance doors look great and work well.
Have The Interior Professionally Cleaned
You will want to do a little more than just dust and run a vacuum. You will want a professional cleaning crew to give the interior a much fresher look and feel. By the time potential buyers start coming inside to check it out, it may look and smell new. That smell can be comforting to those who are looking for a vibrant place to set up their own shop.
Talk with your real estate agent to see what other things you can do in order to ensure that you are getting the best offer possible.
For more information, reach out to the professionals at East Coast Appraisal Services.