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Uncovering the Risks: Do Business Owners Need a Commercial Real Estate Broker?
Manage episode 407383512 series 3561190
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In this episode of Napkin Numbers, Scott Lundt & Rahsaan Freeman are joined by Bob Fredrickson, the president of Coldwell Banker Commercial Danforth, to discuss the pivotal role of commercial real estate brokers in business property transactions. Bob's expertise shines as he discusses the vital factors that buyers need to consider, including property valuation, compliance, and market insights. He emphasizes the necessity of local market knowledge and the ability of commercial brokers to assess property value and potential risks accurately. On the seller side, Bob highlights the importance of balancing business and property value, stressing the need for realistic pricing and thorough property preparation. For any business owner or investor in the real estate market - this episode is an essential listen to hear Bob’s valuable insights and practical advice to guide them through real estate transactions with confidence.
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