Finding the Accurate Commercial Real Estate Agent

To find a commercial real estate broker, you can see on the yellow page under the heading "real estate", you will see all the national names and national franchise names that are well known. However, if you want to do a commercial real estate investment business like us, then you don't want to be directed at them.

Instead, look for a smaller local private commercial broker. Instead of 100 agents, they usually have 10 or less. Of those 10, although they can all handle all types of commercial agreements, they each often specialize in one commercial area such as an apartment or office sector which is their special specialty. For getting more information you can check out ‘real estate agent part-time study’ ­(which is also known as ‘eiendomsmegler deltidsstudie’ in the Norwegian language) from various online sources.

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If you are thinking of entering this market, contact some of these private commercial brokers. Ask who specializes in the commercial field where you will invest. Take the agent for lunch and pay. What are you doing? You buy an education. Don't forget to ask them to pack on the current property they represent.

Most of the time in the commercial area, when agents or commercial brokers have a list, they compile a long comprehensive package, which includes regular listing information, traffic calculations, zoning, profit and loss analysis, best use information, and possibly current property valuations.  

If you invest in the housing market, they will have information about the school district in the area. However, because you are in the commercial field, the demographics they will include in your package will help you determine whether this will be a wise commercial investment for you.