Does it matter whether you use a Commercial Realtor or a Residential Realtor when you are trying to buy or sell land (not talking farm/ranch) a subdivided lot or lots, or an Office / Retail / Industrial Site?
Absolutely.
Why? Generally speaking Commercial Realtors better understand the economics of buying and selling land. Residential Realtors are typically very good at buying and selling homes, but land – be it raw land, lot(s), office, retail or industrial sites all involve a level of complexity specific to Commercial Realtors. Questions like – What is the property’s value based upon Client’s intended use, or what is the property’s development or investment potential can best be answered by a Commercial Realtor.
