How to Sell Commercial Property in St. Louis

Commercial real estate does not sell the way a house does. The buyer pool is smaller, diligence runs longer, and the price rests on what the building earns rather than what the property next door sold for. If you want to sell commercial property in St. Louis, start with two numbers: current net operating income and remaining lease obligations. Everything else negotiates around those. A broker markets it to the widest possible pool and charges a fee for doing that. Selling commercial property to an investor is the faster route, usually all cash with a shorter diligence window, and usually at a price that reflects the speed. Neither path is wrong. They answer different questions, and the right one depends on whether time or top dollar matters more to you. One thing worth saying plainly, because it saves you a phone call: our team buys residential property in the St. Louis area, not office, retail or industrial buildings. If what you own is a duplex, a four-family, or a house you have been renting out, that is squarely what we do and you can read how we buy houses before you talk to anyone. If it is a strip center or a warehouse, you want a commercial broker, and we would tell you that directly.

Understanding the Buyer

Professional property investors in St. Louis, MO typically close faster than traditional buyers, and usually pay full in cash. Traditional commercial property purchases usually require qualifications from banks, mortgage underwriting time, property inspection time and the buyer may not end up qualifying in the end. There are also normally no commissions paid to a buyer’s or seller’s agent which means thousands of dollars in savings.

The usual commission is 3% per side, so if you sell your property for $200,000, you would have to pay $12,000 in commissions alone! Professional property investors also may not charge transaction fees; if they do, they are extremely low in comparison to the commission or closing costs you would have to pay otherwise. They also provide mail-away closings which are a wonderful thing for out of state owners.

No Preparation Necessary

Professional property investors in MO will usually purchase commercial properties as-is. As a seller, this means you do not have to worry about repairs before closing or any other additional expenses you were not planning on. There are some companies that do not require inspections when selling your commercial property, which makes it a truly as-is transaction.

Extended Occupancy

Professional property buyers are in it for the investment. They are not expecting to move into the property on the day of closing. Most property investors will allow a move-out timeframe after closing to allow you to relocate at your own pace. This is extremely helpful, especially with such quick closing timeframes. Also, you may not even have to clean the property when you leave. You can simply pack your personal items and furniture you want to keep and leave the rest.

Sell With Confidence

When you decide to use a professional property investor in St. Louis, MO, you will not have to worry about going through a roller coaster of emotions. There are no frustrating, middle-of-dinner phone calls asking if you are available to show your property. You don’t have to worry about your business or tenant’s business clean and orderly, just in case there is a showing.

You don’t have to worry about possibly running into a buyer’s agent or their clients or dealing with them asking you questions that you really shouldn’t answer anyway. You also don’t have to worry about buyers arguing with you over which furniture your tenants are taking and what they are leaving.

No-Risk

Selling to a professional property investor is extremely straight forward. They will layout every step of the process and usually have shortened, very clear contracts that are simple as-is purchase agreements. You will also have lessened exposure to legal risks. You won’t have to worry about the buyer finding something you didn’t know you didn’t disclose or something they don’t like about the property or the neighborhood.

Under most traditional real estate contracts, there is a potential for the buyer to sue you if they feel they didn’t get all of the information, or if they feel the facts were misconstrued. Professional property buyers already know the state of the property, and they are willing to take on that risk without any requests for repairs.

Call Chris Buys Homes in St. Louis today at (314) 334-1481 or send us a message to discuss selling your commercial property to a St. Louis investor. We can go over your property and let you know its market value and get you on your way to selling your property.

FAQs

Frequently Asked Questions

No. Our team buys residential property across the St. Louis area, including single-family homes, duplexes and small multi-family buildings. Office, retail and industrial sales belong with a commercial broker.
Commercial pricing follows income. A buyer takes net operating income and divides it by a capitalization rate for the submarket. Houses price off recent comparable sales instead, which is why the two processes feel so different.
Usually not. Lenders generally treat one to four units as residential, so a multi-family property that size sells much more like a house, and our team can make an offer on it directly.

Founder & Real Estate Investor

Chris Kirshenboim is the founder of Chris Buys Homes, a trusted home buying company helping homeowners sell their properties quickly and hassle-free. With years of experience in real estate investing, Chris has helped hundreds of families navigate challenging situations including inherited properties, foreclosures, and homes in need of repairs. His mission is to provide fair cash offers and a stress-free selling experience for homeowners across the region.

Start Fresh

Don’t let your house hold you back

Get My Offer