Non Principal Parties:
In some cases tenants, clientele, and employees can be alarmed and act sporadically about potential sales.
Their concerns include theoretical rent hikes, losing their lease, job, or loss of services they have become accustomed with.
Dragging unqualified buyers though the unit can cost employees and revenue and impede a successful sale.
If there was or had been landlord tenant or employee disputes they may be aired to buyers during showings. This is not a positive experience to a buyer.
WADSRE knows how to operate discreetly and effectively for the most stress free transaction possible.
Contingencies and Financing:
It’s all too common to hear from our clients that in the past they thought they had a sale but it fell apart because of financing issues.
We’ve seen roadblocks before, many obstacles can be overcome or avoided with WADSRE.
We build strong sales by practice. If your buyer does not have financing capability, or unrealistic expectations or issues that can prevent funding you may never actually close the transaction.
We can manage the process to eliminate frustration and disappointment caused by weak a sale falling apart.
We assist with financing, due diligence, and entitlements for a more reliable transaction with less stress.
Accurately anticipating and forecasting expenses is imperative to calculate value and cashflow.
January 2022, 10-year commercial rates were 3.070% and 6.526% 2024. Property tax, improvements, managers, and other operation costs really only go up.
Inexperienced buyers and agents without proficient understanding of multifamily transactions and underwriting can cause transactions to fall apart. This often happens with MLS co-broke transactions after the offer to purchase is signed with contingencies issues. Commercial transactions are nothing like the typical home sale and 30 year mortgages realtors usually deal with.
Underwriting and debt service coverage ratio come into play more than appraisals in financing. Comps or comparable properties alone can be a rotten way to valuate a property.
Our founder has millions and millions of dollars in multifamily commercial sales in experience and applying this specific knowledge to your transaction has value.
If you run into road blocks its nice to have someone that’s navigated though something similar successfully in the past.
WADSRE has 20 years commercial brokerage experience selling or leasing over a million square feet of space with a focus on restaurant and retail, redevelopment and multifamily.
Copyright © | 2024 All rights are reserved to WADSRE Privacy Policy
