Often their payment is the subject of negotiations between the buyer and the seller, with the buyer sometimes paying at least part of the commissions. The total percentage of sales price paid out as commissions may be larger for commercial properties than that customarily charged on residential sales. Another difference is that a smaller portion of commercial properties offered for sale through real estate offices are listed as a part of a multiple listing service. This means that if you don't have a buyer's agent working for you, you'll probably have to contact a large group of sellers' agents to get a good idea of available properties. Second, as the buyer or renter of commercial property, you may well have to pay at least a portion of your agent's fees.
Time can save money.
If you can avoid it, don't start your facility search so late that you feel rushed to make a decision. Unless you take the time to see and evaluate several properties, you run a higher risk of making a costly mistake. You'll never know what you may find out. John wants to buy a property for use as an open air caf . He finds what he thinks to be the right property.