Here are a couple of benefits of painting your commercial premises before putting them up for sale.
It could attract more businesspeople who are in the market for new premises
When businesspeople look for premises to purchase, with the aim of running their enterprise on that property, they're usually very keen to choose premises that will enable them to keep their set-up costs low and to launch their business quickly. If they buy a piece of commercial real estate whose exterior and interior haven't been painted for several years, it will mean that they'll then not only have to pay a team of painters to repaint both the inside and outside of the building (to ensure their premises looks presentable when they start running their enterprise) but will also have to delay the launch of their business until the painting is done and the paint fumes have evaporated.
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Real estate agents are a crucial element in the real estate development sector. Given that everyone wants a share of the real estate industry, agents protect the interests of their clients to ensure they get value for any penny they spend. This extract aims to appreciate the work of real estate agents by detailing how they benefit developers, buyers and sellers.
How Real Estate Agents Help Developers
Developers are the backbone of the real estate industry.
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Australia's coworking space is expected to triple and increase the nation's economic output by $122 billion by 2030. The industry's growth can be attributed to companies' need to reduce operational costs, and remote workspaces make the objective possible. Moreover, the growing number of digital nomads has played a significant role in the growth of coworking spaces. However, most coworking space owners agree that layout and furniture considerations are not enough to retain members.
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Buying a property can be difficult for people without any legal knowledge. As such, it is always advisable to hire a conveyancer to handle the legal aspects of the purchase. Below are some questions to ask your conveyancer when buying property.
1. What Is Your Specialisation?
Some conveyancers specialise in commercial real estate, while others deal with residential, urban, rural or industrial properties. A specialised conveyancer can tell if the property is reasonably priced.
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If you are thinking about investing in real estate, you may not have considered off the plan property buying options. When you purchase 'off the plan', you are building a property which is yet to be constructed. The major benefit of doing so is that you pay current market rates. If the housing market is performing well, this means that by the time you move in, your house will have already gained value.
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