Accepting an unsolicited offer: 5 reasons why you might
Recently, someone asked me if they should accept an unsolicited offer for their commercial real estate. My conclusion? A resounding no. It’s my firm belief a seller can achieve a higher price by putting the market forces of buyers competing to work.
So, why would any seller accept an unsolicited offer for their commercial real estate? Here are a few reasons the seller might play ball:
Seller is desperate: More is owed than the property is worth. A lender has called a loan against the
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