To perform a commercial real estate valuation, you need to consider variables such as income from rent, construction and maintenance costs and the value of similar buildings in the surrounding area. The available data can determine which approach is best suited to calculate the property's value.
Ohio law does not differentiate between commercial and residential Realtors.
Seven Essential Criteria in Selecting a Broker to Sell Your Commercial Real Estate Asset Experience. Knowledge of the local and national market for your specific asset type. Marketing expertise. Communication and responsiveness. Professional presentation. Commission Rate.
Ten Challenges Facing Commercial Real Estate in 2025 High Financing Costs. Massive Commercial Real Estate Debt. High Cap Rates. Soaring Insurance Costs. Increasingly Unaffordable Housing. Rise in Artificial Intelligence. Impact of Extreme Weather. Lingering Office Vacancies.
Top 8 Sites Where Investors Can Find Commercial Real Estate... LoopNet. Crexi. QuantumListing. Reonomy. Craigslist. Multifamily Listing Platforms. Connect / Consultation.
On average, commercial agents have the potential to earn a considerably higher salary because their commissions tend to be higher overall, despite the field of commercial real estate having slower sale turnover . This is because commercial properties typically have higher prices, to begin with.
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In Ohio, only an attorney can draft a deed for others. All title companies must use an attorney to draft deeds.
A: Yes, a quitclaim deed can protect you by getting the deed in your own name exclusively. This is possible through a divorce proceeding or your spouse can sign a quitclaim to relinquish his rights to the property. If the mortgage is in your spouse's name, it doesn't mean he has an ownership interest.