It is important to know how to get valuable information about commercial properties. When you have details about the asset, then only it is better to evaluate the profitability of the property. See the mentioned slideshow to know about the different sources of information for commercial property.

1. Different
Sources of
Information
for
Commercial
Property

2. Successful investors know
that it is not the asset class
that makes one rich, rather
the information about the
asset helps in making money.

3. Thus, if an investor has
access to information that is
not available publically, then
they could trade off of it &
gain handsome returns.

4. However, getting
information in the real estate
market is very difficult as
relevant information is not
publically available.

5. Here are the details about the
different sources of information
for commercial property.
 Publically available information
 Hands-on information
 Information available with mediators

6. Publically available
information

7. The real estate sector
doesn't have any perfect
information system like the
stock market or the bond
market.

8. This is because the real estate
sector is very diverse and the
investors have to consider a
wide variety of factors while
investing.

9. For example, the price of a
property in a completely
new neighborhood will be
quoted higher in online &
newspaper advertisements.

10. Consequently when you
research more into the market,
you become familiar with it
and will be able to obtain a
better price.

11. Hands-on information

12. This type of information is
obtained when a buyer
actually visits the micro
market where he is interested
in buying a property.

13. The newspapers and
magazines can provide you
with a base rate or a range
within which the prices should
ideally lie.

14. This information can be
gathered by talking to people
who have actually been
involved in such deals in the
recent past.

15. The information is more
valuable than the one which is
available through impersonal
mediums like on the internet.

16. Information available
with mediators

17. The next level of information is
available with the mediators in
the market.

18. A buyer has access to a certain
level of information even if he
visits the market on a daily
basis before closing in on the
deal.

19. The deals that are available in
the media are very different
from the deals that are
actually signed after the
negotiations.

20. The mediators have access to all
the information as they know
the details of the advertisement
as well as the real deals that are
signed.

21. https://www.landwin.com/