Buying Commercial Property: The Process

Your Catalyst Commercial Partners broker will help you begin the purchase process by discussing the following with you:

• The current commercial real estate market.
• Your wants, needs and investment return expectations.
• The expectations of the broker representing the property seller.
• Any related property management issues.
• Whether a tax-deferred exchange is involved.
• Other investment properties you may own.

Your broker will work closely with you through the various steps of the acquisition process:

• Searching for and identifying desirable commercial properties that are currently listed for sale, as well as many that are unlisted.
• Submitting the offer to purchase.
• Submitting your earnest money deposit on the property.
• Reviewing and responding to the seller's counter offers.
• Engaging professional geological and structural engineers to examine physical elements of the property.
• Preparing and submitting the commercial loan application.
• Purchasing title insurance.
• Having the property's value professionally appraised.
• Executing the closing.
• Taking possession of the property.