Back to all insights There are many reasons why people buy real estate, whether it is a primary residence or an investment. As a result, there are two types of real estate agents – residential and commercial. Since there are differences between commercial and residential agents and firms, you want to ensure you are working with an experienced commercial broker when selling or buying an investment property.
Significant differences between commercial and residential brokers can make much money or lose out. Find out the differences, benefits, and which broker is right for your investment needs with IPRG real estate investment and advisory firm.
The Difference Between Residential and Commercial Brokers
The main differences between residential vs. commercial brokers are the properties they deal with. Residential real estate brokers work with single-family homes, condos, or co-ops. In contrast, commercial brokers deal with properties with an investment component to the real estate, such as multi-family or mixed-use properties.
Benefits of Investing in an IPRG Broker
Market knowledge is one of the differences between a commercial and residential broker, and working with a commercial real estate agent from IPRG is a benefit you’ll gain. Our team at IPRG has access to our proprietary shared information database. So no matter whom you work with from our firm, you’ll get the best return on your investment from our data-driven results.
The information database used to drive sales for your investment property is shared across our company. It is one of the many ways we work as a team. IPRG values working in a culture of collaboration. You will have a personal broker to contact, and they will lean on the team at IPRG to get your property sold without leaving money on the table.
IPRG also specializes in maximizing ROI, so you’ll get the best return on your investment working with us. You’ll save time and money by utilizing the resources of our commercial real estate brokerage firm. With the data we have access to, we can find potential buyers of your property faster, adding to your revenue quicker.
Which Broker is Right to Sell Your Multi-family Investment?
The right broker to sell your multi-family investment is a commercial broker who understands your investment’s criteria and goals. Working with IPRG’s multi-family brokers, you’ll get a team who can help you know the cost, rate, return, and risk involved in your investment.
By working with IPRG, you’ll get the information you need on potential properties upfront. From comparable data, liens, and taxes to the seller’s appraisal, we bring you the necessary information to decide if the property is even worth visiting. As specialists in multi-family investments, you will also be working with experienced brokerage experts. With over $2 Billion in sales, we don’t leave money on the table and ensure you get the best return on your investment.
Commercial or residential real estate brokers can help you benefit in gaining revenue and building your portfolio. Which one you decide on is dependent on your investment preferences and goals. IPRG is invested in reaching your investment goals. Contact IPRG for our expertise in multi-family investment properties if you want to sell commercial properties.