The COVID-19 pandemic forced a lot of businesses to rethink how they approach employment and collaboration. Up to 20% of companies say that they will retain some form of remote work after the pandemic. Regardless, they still need office spaces where people can meet in person and take advantage of high-value tools kept on the premises.
As more people return to their workplaces, you might find that your commercial clients want to find office property for sale that matches their new needs.
Make sure you know how to find commercial real estate that works for them so you can keep your clients happy and generate more revenue.
Contact Property Owners To Talk About Opportunities
As someone who works in commercial real estate, you probably already know several people and companies that own office properties. Reach out to your contacts and ask whether they have office property for sale.
Even if no one has an office property for sale at this moment, you can let them know you plan to broker an arrangement soon. If something turns up, they will think of you. Contacting people you already know is one of the easiest ways to set yourself up for success.
Find Office Property for Sale by Joining an Investor Network
You can’t know everyone who owns office property for sale in your area. A real estate investor network gives you a broader reach, so you can connect with property owners in your extended group.
Some investor networks take a looser approach to sharing information. You might get emails from people to let everyone know about an upcoming event. You might attend dinners and cocktail parties where investors, sellers, and buyers mingle and discuss potential deals.
Other real estate investment networks operate as businesses. You probably won’t find an easy way into those groups. Don’t discount the power of an unofficial investor network, though. Someone could know about an office property for sale that fits your needs perfectly. If you can find an office property for sale through your network, you could have an opportunity that other professionals do not know about yet.
Subscribe to a Real Estate Database
Subscription real estate databases tend to have the latest, most accurate information about residential and commercial properties. Most listings can tell you specific details about an office property for sale, including its size, number of rooms, estimated value, and current owner. You can narrow your options easily by using the built-in filters. Then, you just generate a lead list of owners who have properties that interest you. You don’t have to buy lead lists anymore. You can create lists that only include properties that fit your needs.
You can also find an office property for sale by searching for the building’s address. With a trial from Prospect, you can find office property for sale without spending any money. You can also use the platform to compare office buildings to determine which ones stand out as terrific options.
Get a Head Start by Finding Off-Market Office Property for Sale
A lot of real estate professionals know the benefits of using subscription databases instead of relying on lead lists. How can you maintain a competitive advantage when others also have access to information about the size, location, number of rooms, and technology of office property for sale?
That’s where Prospect predictive analytics comes in.
Predictive analytics uses a combination of artificial intelligence and machine learning to discover emerging trends in real estate. It can also pinpoint specific properties that will likely get listed within 12 months. For example, if the algorithm sees that an off-market office building has been losing tenants, it flags the property as a potential opportunity. The owner might not want to sell right now. Over the next few months, though, financial pressure will increase unless tenants move into the empty office spaces.
You don’t have to wait for commercial real estate to get listed before you start talking to the owner. Reach out to the owner now so you can start building a trusting relationship. When they decide to list the office property for sale, they might contact you before making the sale public.
Find Office Property for Sale on Prospect by Buildout
Finding the right office property for sale can help you close more deals and increase your revenues. Prospect makes every step of the process easier. Whether you want to find an off-market office property that will likely get listed within 12 months or you need to find the perfect office for a client, Prospect can help.
ProspectNow has a vast commercial property database that includes nearly 40 million listings. The information that you get on the platform costs much more when you use other companies. With Prospect, you save money while increasing your return on investment.
Do you want to experience how Prospect can help you find office property for sale and manage your leads? Start a free trial to discover why so many other real estate professionals rely on Prospect by Buildout.
