Making an offer on a commercial property is about far more than simply negotiating on price. In today's market, understanding the wider economy and how it affects both investors and tenants is essential if you want to make informed investment decisions.
In this episode, I explain how I use the current market conditions to shape my offer strategy, why asking price and market value are rarely the same, and how to negotiate professionally using data rather than emotion.
I also share why my own underwriting assumptions have changed, from longer void periods and increased rent-free assumptions to higher borrowing costs, and how these changes influence the price I'm prepared to pay.
Topics covered include:
Why the asking price isn't necessarily the market value
Understanding the agent's role in the negotiation process
How the current economic climate is influencing my offers
Using market data to support your negotiations
Why your assumptions should determine your offer price
Educating agents on how you've reached your valuation
Looking beyond price and negotiating on terms
Why today's market presents opportunities for disciplined investors
The best commercial property investors don't make offers based on emotion or asking prices. They make offers based on robust analysis, sensible assumptions and a clear understanding of the risks involved.
NC Real Estate helps commercial property investors build high-performing, income-generating portfolios that have the potential to increase their value — without the overwhelm.
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