How to Sell a Commercial Property to a Cash Buyer
Selling a commercial property can be complicated, but if you are dealing with a cash buyer, you can quickly close the sale if you follow the correct strategies. If you want to sell your commercial property to a cash buyer and your mind is stuck with questions like "Sell my house fast, bethlehem pa?" this article is for you. By following the steps highlighted below, you can rest assured that you will sell your commercial property faster to a cash buyer.

Make your commercial property attractive for sale.
The first impression matters a lot because no one will buy your property if it's unattractive. Remember, there are other properties on sale for your potential buyer to consider meaning you have to make yours stand out. You can start by making necessary repairs or repainting the property to give it a spectacular outlook. If you are still trying to figure out where to start or what to correct, you can hire an expert to inspect the property and point out the underlying issues before listing the property for sale. Also, hire a professional photographer to take amazing pictures of the property. At the same time, you write a detailed description of the property that will make your buyer more interested.
Collaborate with a commercial property broker.
One way to sell your commercial property fast is to make many people aware of it. You can do this by networking with brokers who deal with such properties and giving them a commission after the sale. However, you must conduct due diligence on the type of broker you're dealing with. Ensure they understand the current market conditions and do not just sell your property to make a commission. Also, check if they are licensed and insured to avoid unnecessary issues. Lastly, know their commission rate so that you can focus on the profits while trying to pay them. An important thing to note is that while dealing with a commercial property broker may seem like an easy way to make your property more accessible, some brokers can sell your house at a low price to close the sale fast and earn their commission. So be careful about the type of broker you choose to work with.
Advertise your property strategically.
You must market your commercial property strategically to attract many cash buyers. You can start with social media marketing by posting your property on various platforms. Remember the quality of the pictures you post will impact the buyer's interest. You must consider traditional marketing methods, too, like placing an attractive yard sign outside the property to indicate that it's on sale. It's also advisable to increase your online presence by running ads, posting photos of the property while including a detailed description. Also, while posting your commercial property online, incorporate relevant keywords like "sell my house fast easton pa” so that your post ranks high in the search engine.
Place a competitive listing price for your commercial property.
However fast you want to sell your commercial property, you must place a listing price for it. List the property after doing some research about the current market conditions as well as the local market. Remember, cash buyers are inclined to purchase properties when they perceive them to offer good value for their money. So be realistic as possible if you want to make a quick sale.

In your listing price, remember to add additional features of your house that the local sellers don't have or are perceived to be of value to the buyer. This will not only make your property stand out from other sellers but also raise the property's value. The feature doesn't have to be necessarily something huge it can be as simple as an open floor plan, outdoor living space or an updated kitchen. Checking the demand for the property will also play a massive role in adjusting the price of the property. This does not mean that you sell your property at a price below the market value because the cash buyer will have done their own research too. When the demand is low, commercial property brokers will be of great essence in advising you about what price to list because they always have complete insight into the local market.
Interact with cash buyers.
Now that your property is everywhere showing that it's on sale, you will most probably receive inquiries from potential cash buyers. Ensure you respond to them professionally as you schedule a physical appointment at the property so they can have first-hand experience. During those meetings, ensure you present your property well by pointing out unique features that you think the buyer finds attractive. Also, give them an insight into the future increase in the property's value so that they know the considerable investment they are about to make.
Acquire the contact information of the buyer.
Now that you know what your likely buyer looks like, you must get their contact information. You should have a database tool that provides you with segmented names, mailing addresses, phone numbers and emails. You're going to need them all.(1)
Negotiate the sale
Now that you have found a serious buyer for your commercial property that is suitable for you, the job still needs to be done. Negotiating the sale is your next move. Of course, you must do proper market research before entering any negotiation table. Speak intelligently with the buyer and highlight recent comparable sales to convince the buyer. Make buyers understand your property's value while considering other factors like demand. Also, be flexible with your pricing because you must consider what the buyer says. Once everything is set and the buyer is happy with everything about the property, prepare the paperwork for your property ready to close the sale.
Close the sale
Finally, close the sale of your commercial property, meeting all the paperwork requirements like the sales agreement and the title deed. Lastly, you must know the buyer's financing plan and adhere to the tax implications.
In conclusion, when you want to sell your commercial property, follow the above processes to achieve a successful sale. Highlight to the buyer the value of the property you are selling them by pointing out unique features like the location and other special features. Seek the assistance of brokers so that your property can gain traction faster. Finally, remember to negotiate to get a good deal at the end.
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About the author
Mathew Pezon
Mathew Pezon is the founder and CEO of Pezon Properties, a cash home buying company located in Lehigh Valley, Pennsylvania. With several years of experience in the real estate industry, Mathew has become a specialist in helping homeowners sell their properties quickly and efficiently. He takes pride in providing a hassle-free, transparent, and fair home buying experience to his clients. Mathew is also an active member of his local community and is passionate about giving back. Through his company, he has contributed to various charities and causes.