02a.
Buyer Representation
By working with Ardor Commercial Advisors, you can streamline the buying process, reduce your risk, and ensure that you are making a sound investment in a commercial retail property that meets your needs and objectives. As experienced commercial real estate advisors, we can guide you through each step of the process, from identifying properties and negotiating terms to securing financing and managing ongoing property operations.
THE PROCESS
1. DETERMINE BUDGET & GOALS
The first step in buying a commercial retail property is to determine your budget and goals. We can help you understand your options and identify properties that meet your criteria.
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2. CREATE A BUSINESS PLAN
Whether you are a start up or an established business owner a business plan is your guide for success. A business plan is a roadmap that outlines your goals, strategies, and tactics for achieving success. It should include key elements such as your target market, competitive analysis, financial projections, marketing plan, and more.
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We will want to review your business plan to better understand your needs and goals. We can provide valuable insight and advice on factors such as market conditions, industry trends, and other considerations that may impact your business. By working together and having a solid business plan in place, you'll be better equipped to find the right commercial space that meets your needs and supports your business growth.
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3. SECURE FINANCING
If needed, we can assist you in securing financing for the purchase of the property. We have a network of experienced lenders to help you obtain the best rates and terms for your needs.
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4. SEARCH FOR PROPERTIES
As your commercial real estate agent we will conduct a comprehensive search of available commercial retail properties, using our expansive tools and industry connections to identify properties that meet your criteria and fit within your budget.
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5. CONDUCT PROPERTY INSPECTIONS
Once you have identified a property of interest, we will help coordinate property inspections, including assessing the condition of the building, and identifying any necessary repairs or upgrades.
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6. NEGOTIATE PURCHASE TERMS
We will help you negotiate the terms with the seller, including the purchase price, closing date, and any contingencies.
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7. COORDINATE CLOSING
Once the purchase agreement has been finalized, we will work with the attorney's office to coordinate the closing process, ensuring that all necessary documents are signed and that the transaction is completed in a timely and efficient manner.
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8. A CLIENT FOR LIFE
After the purchase is complete, we will continue to serve as a resource for you, helping you manage relations and keeping you informed of the latest market trends and the appreciation of your investment . If this purchase was for an investment, we can even assist you in leasing.
Our property management division, Curo Property Management, can also assist you in lease management, maintenance requests, and collecting & managing rent.
