Expert, localized Los Angeles answers provided by Heather Roy

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Listing Commercial Building

  I am preparing to list a commercial building for sale. What would the length of a typical commercial listing agreement be? The company I'm dealing with wants a 9 month exclusive listing.
The property is in Seattle, Washington.
 
  It can take longer to market commercial property than it would to sell a residential property.  I cannot speak for customs in your area.  I'd advise contacting more than one brokerage.  You'll have a better idea of what's typical after you've spoken with other agents, and you may benefit from their advice, or even decide to list elsewhere.
    Edith
Originally published on January 21, 2008
 
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