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Faster Ways to Create More Commercial Property Sales | Commercial Real Estate Training Online
It is a fact that commercial property sales are generally cyclical as part of the overall investment cycles available to property investors today. There will be peaks and troughs in the property market in any town or city, so a broker or agent should know how to read the 'cycles' of investment, occupancy, and development. Known Property Cycles When one segment of the property market is falling, others are rising. You can be part of that change in a positive way, especially so if you are a 'sales agent'. The indicators to watch include: Finance availability for Companies and Corporations Investment financing policies Business sentiment for the location Tenants relocating due to expansion or contraction The affordability of rents for tenants Prices per unit of area for properties sold in given areas So, as the local broker or agent, you can work with tenants, buyers, sellers, investors, and company owners. That's where personal organization and a good