According to industry studies, the average property sold by a commercial broker garnered a 30% higher price when compared to residential realty that garnered an average of 10% more than a for sale by owner.
Commercial real estate sales tend to be more complex than home sales as there are many more factors that determine the value of the property. For example a property could exist as an industrial site in a fading industrial market that would be challenging to sell. Island Associates measures the best use of the property and targets the right audience for the property who can realize the hidden value of the property being sold.
This approach not only creates a shorter selling cycle but often a more generous transaction price.