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HOW IT WORKS

    Introduction

Takerents is not only an online fixed Property Management Software, but is also the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the place they call home, Offices, Super Markets and connecting them with the best local and International professionals who can help.

For Rent
For RENT
For Sale
For SALE

Takerents serves the full lifecycle of owning and living in a property: buying, selling, renting, and more. It starts with Takerents's Property database of more than 110 million Globe Properties - including homes for sale, Offices for rent and homes not currently on the market and other Properties-related information.

    How to Advertise

Takerents Property Marketplace is a property portal for use by Property owners and Property Managers who intend to manage their Portifolio only and unfortunately we do not currently cater for private listings.

We would suggest if you would like your property advertised on Takerents Property Marketplace then you should get in contact with an estate agent/Property Owners who advertise on here. You can search for agents/landlords in your area with the 'Search Bar' tab at the top of the page. We hope this helps.

    Buying Advice

Buying Advice

The majority of the commercial property sector is made up of :

* Offices
* Retail : shops, supermarkets, shopping centres and out-of-town retail warehouses
* Industrial : warehouses and factories
* Leisure : restaurants, pubs, cinemas, gyms and hotels

 Find a property
If you can, choose a good time to buy a commercial property. You don’t ideally want to purchase a building at the top of the market when prices are high.

 Put in an offer
When you have found a commercial property you want to buy, you will need to make a written offer – usually to the vendor’s commercial estate agent.

If the vendor refuses your offer, it is worth trying to negotiate to reach a mutually acceptable level. Remember that the seller has a number of factors to consider, including your price and the speed at which you can complete the deal.

If you are buying a property, you can apply for a land tax clearance certificate to see whether any land tax is owed and, if so, how much. You can then arrange for the outstanding tax to be paid before you become the new owner.
Exchange contracts and complete on commercial property
You will now need the legal expertise of a solicitor. A document detailing the main points of the sale agreement will be drafted up once your offer has been lodged and accepted. The document will include the type of agreement struck, how the deal will be financed and proposed timescales.

A survey of the commercial property will typically be carried out to make sure it is structurally sound and there are no major flaws that have not been accounted for.

You may also want to use this time to secure planning consents from the local council if you want to redevelop the commercial property.

Contracts will be exchanged when :

* Both parties are satisfied with the contract
* You are happy with the state of the commercial property
* The finance to do the deal has been raised

This is when buying the commercial property becomes recognised in the eyes of the law.
The deal will complete when the formal documents are signed, dated and delivered. Your solicitor will hand over the remainder of the purchase price to the seller’s solicitor, and you will receive the keys to your new commercial property.

 How to make Payment
How to make Payment Finding a great property and forgoing all the bank paperwork and loan repayments may seem like a dream, but it can, in fact, be a mixed blessing. So, if you are looking to buy a property and could afford to pay all cash for it, should you?

But nowadays things have changed where some people (buyers and sellers) prefer Escow.com (a third party handles all payments) to traditional bank transfers direct into sellers account.

For clarifications seek, see the follow chart how and what ESCROW.COM does in order to enhance trust factor between buyer and seller.

Excrow Image

For more information about Escow visit: www.escow.com

    Selling Advice

Selling commercial property is more complex than selling residential property, and the buyers of commercial property have a different mentality than those of residential homes. Buyers of residential housing tend to be concerned with the emotions of living in the home, while buyers of commercial property view the property as an investment vehicle designed to generate income. If the numbers make sense, a bidding war is likely to occur. If the numbers do not make sense, the sale could be tough.

The sales process for commercial properties is much more business-like, and the buyers tend to be much more sophisticated. They are interested in the numbers, and a professional marketing package is crucial to present your property in the best light. The sales process looks something like this:

* Seller’s Goals Analysis. Most real estate brokerages assume that the sellers want all cash at closing. However, receiving all cash at closing may or may not be in your best interests.

* Property Valuation. While the valuation process may include finding sales comparables, the buyers of commercial property are primarily interested in the income the building generates. The value of a commercial building is directly tied to its income, and the value of the building is determined by dividing the net operating income by the capitalization rate for the area.

* Marketing Packet. The next step is to create a professional marketing packet that shines the best light on your property. Rather than giving the buyers information piece by piece, it makes the buyer’s purchase decision much easier by giving them all the information at once.

* Contact Qualified Buyers. Once the preparation is done, you should begin to market your building across the media. It is not unusual for a buyer from out of State or out of country to purchase your building.

* Interview Buyers. All buyers are interviewed to ensure that they have the proper background, resources, and interest to acquire and manage your building successfully. Many deals fall apart at the end because the buyers were not properly interviewed at the beginning.

* Educate Buyers. Many buyers believe the 3 most important words in real estate are “location, location, location”. While the location is important, it is not the only factor buyers should be interested in.

* Sign Confidentiality Agreement. There are times when the owner wishes to keep the transaction confidential. If this is the case, the buyers must sign a Confidentiality Agreement, commonly known as a Non-Disclosure Agreement (NDA). This agreement protects the seller in the event of litigation.

* Give Marketing Packet to Buyer. The buyer now has a chance to review the compiled marketing packet, which allows him or her to gain a general overview and understanding of the building.

* Seller and Buyer Meeting. If the buyer is interested after reading the marketing packet, the next step is for the seller and buyer to meet in person.

* Offer and counteroffer. The broker will help the buyer draft up an offer, which can include the following: price, terms, earnest money, bank financing, seller financing, assignment, due diligence period, closing date, utility charges, seller’s disclosure, promissory note, deed of trust etc.

* Due diligence. Once the offer is accepted, the buyer will begin the due diligence process. The broker will facilitate the process to provide the buyer with the information he or she needs, while ensuring that the tenants do not know the building is for sale until the deal is closed.

* Building inspection. Chances are the building needs to be inspected by an inspector, engineer, appraiser, general contractor, and various sub - contractors.

* Negotiation with Bankers. Bankers like it when they have all the information they need presented in an orderly manner.

* Waiver of Contingencies. Once the due diligence period is over, the buyer signs a waiver of contingencies. After this point, the buyer cannot back out from the deal without forfeiting the earnest money.

* Closing at escrow. Having a good escrow agent is important because it will make closing a smooth, pleasant, and organized process. Having a good broker at closing is also important, because the broker can smooth out the process should emotions ever run high at the closing table.

We would suggest if you would like your property advertised on Takerents Property Marketplace then you should get in contact with an estate agent/Property Owners who advertise on here. You can search for agents/landlords in your area with the 'Search Bar' tab at the top of the page. We hope this helps.

    Pricing

If you are selling your house, Vacant Land or Commercial Properties, list them on Takerents and showcase your Property to over a million potential buyers every month. It's really simple to advertise your property with us. List it yourself using our simple user-friendly interface or ask one of our friendly consultants to list it for you.
 Get started today!

Listing costs are only available online for existing commercial owners of Takerents. If you are interested in becoming a new customer that intend to manage your portfolio and sell properties, signup http://www.takerents.com/#price

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E-mail alerts to buyers

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Note!
* We do not offer Private Listings or allow anybody to advertise their properties for sale or rent but only Takerents Customers that are using our Software to manage their Portfolio
* If you are an already existing Takerents Software user, please note that you pay nothing to show case of all your properties and units for rent.
* If you want to sell a Property, Click “Post Ad” from Landlord’s Dashboard as shown below :

Post Ads