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Common Commercial For Sale By Owner Mistakes

Posted on March 23, 2008 - Filed Under Business | Leave a Comment

Due to our commercial for sale by owner, co-marketing program, we witness many commercial property owners market and go through the “process” of selling their buildings, without the aid of a real estate broker. Although the experience can be painful, selling on your own is doable; especially if you know what you are doing.

Below are a few of the common mistakes we see owners make.

Over Pricing Property
Over pricing the property is a huge deterrent and major common mistake that sellers make. Most buyers that feel a property is over priced quickly move on. Serious buyers normally inspect many properties and learn market values. Sellers often think that if a buyer is interested, they will just submit a lower offer; that idea rarely works.

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