There are several options for putting forth an offer to purchase:
a written purchase agreement
an email or letter detailing the terms
a letter of intent
I generally don’t like to start with a purchase agreement, as commercial contracts have so many legalese that most people may get lost in the language. ... Read More
Category: Commercial Real Estate
13
Jun2019
Detroit took an old building and turned it into the Outdoor Adventure Center.
June 13, 2019Lynn Drake
04
Jun2019
As a commercial real estate agent, I usually spend 5 to 10 hours just looking for potential sites for sale. Once a list of potential locations are found, they are sent to the client to pick which buildings they want to see. Tours can be as short as an hour ... Read More
June 4, 2019Lynn Drake
28
May2019
What an incredible chandelier. I love the use of the wood with the lights to create a contempered design.
May 28, 2019Lynn Drake
23
May2019
Most residential and commercial agents need a source to help them look for space for sale. A multiple listing service, also referred to as the mls, is an online listing service where agents pay to post their listings. Depending on the rules of the particular mls, the listings may or ... Read More
May 23, 2019Lynn Drake
21
May2019
Mt. Elliott park has transformed into an area where kids and families can hangout. The differences between the before and after photos is astounding.
May 21, 2019Lynn Drake
16
May2019
After the earthquake in Christchurch, the city council decided to have a new museum built. As you can see, it is a very beautiful modern building. A hand with a face on it was placed on the roof as part of an exhibit. It looked a bit odd to me, ... Read More
May 16, 2019Lynn Drake
09
May2019
If an older building has become physically obsolete (i.e., the space is poorly laid out for contemporary purposes), it will devalue the building’s worth. If that building is laid out perfectly for your business and you plan on keeping the building forever, that is excellent.
The perfect example of this is ... Read More
May 9, 2019Lynn Drake
07
May2019
This is a very special place called Soul Studio. Not only is the space beautiful, but they also do beautiful work here. This building is owned by Friendship Circle, which is a non-profit that helps children and adults with disabilities. This building houses a café, a beautiful banquet hall, and ... Read More
May 7, 2019Lynn Drake