OWNER-OCCUPIER

Owner-occupier commercial sales refer to the process of selling a commercial property that is intended to be used by the new owner or buyer for their own business operations. In this type of sale, the buyer is usually purchasing the physical property and not the business that is being operated within it. The owner will likely have a more personal interest and emotional attachment to the sale, and thus, the process may be more complex than a traditional commercial investment property sale.

SELLING / MARKETING PROCESS

This process typically starts with a property valuation or broker opinion of value that will determine the price of the property. Next, it will involve marketing of the property through listings, network, and professional resources to reach the potential buyers. As part of the process, the property will be shown to potential buyers and they will have the opportunity to conduct due diligence and inspections on the property. Once a buyer is found, a purchase agreement is negotiated, and closing takes place. 

LENGTH OF TIME

Additionally, the process can take longer as compared to a investment property sale, as it may involve the sale of the business operation, inventory and customer list. The seller might also want to be more involved in the negotiations and decision-making process to make sure the transaction protects their own interests and assets.