To answer the question of can a residential realtor sell commercial property, know that the answer is, "Yes." Various states have different licensure requirements, but they typically include taking a certain number of hours of an approved course, passing an exam, and working with a licensed firm.
Can a residential real estate agent sell commercial properties? Yes—a licensed real estate agent can sell any type of property they'd like, including commercial and residential. Even if you choose to specialize in residential real estate, you can later try selling commercial real estate as well.
The answer is yes. But it's not as simple as it. Sounds first let's talk about the basics.MoreThe answer is yes. But it's not as simple as it. Sounds first let's talk about the basics.
Commercial real estate agents specialize in commercial properties, such as office buildings and retail spaces. Residential real estate agents focus on buying and selling homes for individuals and families. Understanding these distinctions can help you choose the right agent for your specific real estate needs.
Converting residential property into commercial property involves several key steps, including applying for change of use planning permission. This process ensures that the building is suitable for business purposes and that any alterations to the property are approved and legally compliant.
You typically have to get permission from the city to do this and that usually requires providing them with detailed plans and attending city planning meetings. Your property has to meet certain rules and standards to ensure it complies with commercial standards and building codes.
Commercial property can be converted into a residential property if zoning and housing laws allow.