Tag: #CompassCommercial #CommercialRealEstate

11

Apr2019
Occasionally, someone will sell their building on a land contract. This mean the buyer puts down an agreed upon amount and then the owner finances the loan based upon an agreed number of years, amortization schedule, and interest rate. Usually, these loans are for 5 to 7 years, and any ... Read More
April 11, 2019Lynn Drake

12

Mar2019
This is a common question. Listing agents generally enter into an agreement with the building owner. The commission the seller is willing to pay is outlined in that agreement. The percentage of commission can be based on a number of factors. Usually the listing agent and the buyer agent split ... Read More
March 12, 2019Lynn Drake

24

Jan2019
The first step is to do some soul searching. Is it better to lease or buy a building? Is your business still growing? If so, how much time do you have until your team outgrows the building. What is the cost to lease versus the cost to buy a building?
January 24, 2019Lynn Drake