Why Your Calgary Commercial REALTOR® Should Have a Business Background

If there is one thing that I wish more business owners knew about commercial real estate in Calgary, it would have to be that buying residential real estate is a lot different than buying commercial real estate. Many of them know this intuitively, of course, given the differences in the types of properties that are available – not to mention the prices. But at the same time, they should know that it isn’t just that they’re looking at different types of real estate, but also that they need a REALTOR® with different skills.

That’s why, in my opinion, it’s a good idea to find a Commercial REALTOR® with some sort of business background. Buying or leasing retail, industrial, or office space just isn’t that similar to purchasing a home; instead of only worrying about paint colors and neighborhoods, you have to deal with all of that, plus considerations about square footage, complex leasing terms, the availability of certain utilities, and so on. In other words, it’s a whole other world, and one that extends far beyond simply checking out properties and seeing which ones you like.

Additionally, commercial real estate transactions have to be good investments if they are going to work out. They need to take into account your specific business situation and goals if the purchase or lease is going to turn out to be a profitable one. Having someone who knows not only commercial property, but the ins and outs of a balance sheet and business negotiations, can be an enormous help. This is especially true if it’s your first time dealing with commercial real estate in Calgary, or if the move or expansion is critical to the success of your company. Doesn’t it make sense to have someone who understands profits and losses on your side?

When it comes to buying or leasing commercial real estate in Calgary, there’s no substitute for a Commercial REALTOR® with a business background. Keep that in mind, and it will be a lot easier to find the right fit for your situation.
If you want a Calgary Commercial REALTOR® who will take the time to get to know your company as well as the properties on the market, contact Cynthia Culhane at 403-999-3720 today!

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