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Not for sale? I'll take it
A little advice for people in the market for commercial properties: Stay on your toes. The number of available properties in many markets is down considerably from that of the past few years, while those in search of real estate investments and new locations for their own businesses is climbing.
Not only are properties on the market for shorter periods—many aren’t even making it there. Last year, $25 billion of real estate transactions out of the total of $96 billion nationally were not ever placed publicly on the market, according to figures from Real Capital Analytics that were reported in the Wall Street Journal.
One way to help clients searching for properties in this climate is to seek out buildings that meet their needs even if they are not on the market. Also, stay plugged into listings sources and information exchanges, checking them regularly for new properties. A collection
of links to Texas commercial information exchanges can be found in
the Resources section of TexasRealtors.com.
home current issue top 10 resources
Buyers & sellers, visit www.texasrealestate.com.
REALTORS®, visit www.texasrealtors.com.
