Traditional
Services
Canaan Corporation, offers owners, sellers, buyers, lenders, fiduciaries and others a range of
traditional commercial-investment real estate and related services, including Market Plan
Development and Marketing, Contract Negotiation, Leasing, Income Property Management and
Tenant Retention. Canaan Corporation's staff is also uniquely qualified to assist Sale-And-Lease
Backs, Build-To-Suit Tenants and Simultaneous and Delayed Tax Deferred Exchanges.
Limited
&
Special
Purpose
Engagements
Both property owners and brokers tend to see using a broker as "all-or-nothing." That need not
be the case. Canaan Corporation accepts limited engagements on a "fee-for-service" or "hourly
fee" basis, making available to FSBOs (and others) a variety of commercial investment real estate
and related services without requiring a listing or long-term engagement. "You only buy what
you want." Services Canaan Corporation offers on a limited engagement basis include things as
Income Property Analysis, Comparative Pricing Survey, Marketing Plan Development, Design
Promotional Materials, Contract & Lease Negotiations, Property Demonstration (Showing)
and Consultation and Advice.
Buyer
&
Tenant
Representation
Real estate brokers traditionally represent sellers. A seller's broker is only obligation to deal
fairly with a buyer, leaving most buyers without representation. Considering the complexity of
purchasing commercial and investment real estate, buyers often need help analyzing their needs
and developing specifications, identifying and comparing properties, preparing and submit offers,
negotiate the best price and terms and facilitate closing. Canaan Corporation offers Buyers the
benefit of market knowledge, experience and skills which have traditionally only been available to
sellers.
Compensation of a Buyer's Broker is a matter to be agreed upon by the Buyer and Broker. When
the property purchased or leased has not been listed with another broker, the buyer typically pays
his broker an agreed fee, which may be a flat fee, an hourly fee or a percentage of the purchase
price. If property purchased has been listed with another broker, the Seller will have already
agreed to pay his broker a commission and the seller's broker typically pays the Buyer's Broker.
For
Sale
By
Owner
"FSBO"
Assistance
Some owners try to sell their real estate without a broker ("FSBOs"). That can be false
economy. Brokers are trained professionals. Without a broker assistance, FSBO's run risks
including Under-Pricing their property, Over-Pricing their property, Under-Exposure of their
property to the market (due to lack of access to networking and marketing), Inadequate
Demonstration (due to not knowing buyer needs), being Out Negotiated by experienced buyers
and when agreement is reached, not being able to "Put-It-Together" and then "Keep-It-Together"
through closing.
Click Below For More Information About Other Subjects.
JAMES C. JOHNSTON
Commercial & Investment Real Estate Services
1705 Colonial Boulevard - Suite D-1
Fort Myers, Florida 33907-1141
Telephone 941-939-0024
Fax 941-939-1297
Copyright © 1997 James C. Johnston
All Rights Reserved