In the world of commercial real estate, one may have to deal with a number of stakeholders. Among them, the real estate sales agent plays a key role. The latter will be responsible for negotiating and concluding sales, purchase, or rental contracts with a special status. These are, therefore, services provided in the name and on behalf of merchants. This blog will reveal the missions of commercial real estate companies in Connecticut.
Know about the commercial real estate broker The Commercial real estate broker is independent and has no relationship of subordination with the real estate agent who appoints him. Indeed, the commercial real estate broker is an agent whose main mission will be to negotiate, sometimes even to conclude contracts of sale, purchase, rental, or provision of services on behalf of his principal. If he is required to sign mandates, he will, however, be unable to draft promises and deeds or provide legal advice. He must imperatively be a natural person and can, in no case, be a legal person. Indeed, he must be able to attest to his morality. Moreover, a commercial real estate broker must imperatively be very precise in his way of presenting himself to the professionals he meets and must not be ambiguous as to his position, specifying that he is a commercial agent and not a real estate agent. The functions of the commercial real estate broker The missions of commercial real estate companies are multiple. The commercial agent must ensure the smooth running of a real estate transaction from the beginning to the end of the process. He thus offers expertise in his sector and must have skills ranging from marketing to communication, including strong legislative knowledge. Thus, the main functions of commercial real estate companies include:
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AuthorNuRealty Advisors Inc. is a New York and Connecticut Licensed Real Estate Brokerage company specializing in investment sales and advisory services. Archives
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