Commercial Real Estate

AvatarIdeas, thoughts, and random ramblings of a confessed commercial real estate junkie.

globeandmail.com: Ottawa's real estate targets exceed market appraisals

I still don't have a problem with the government selling it's real estate assets. If it makes economic sense to sell and will save the taxpayer some money, then I say it's worthwhile.  What really chaps my $%^ is the way in which this is being handled.

Not only have they engaged banks, rather than REALTORS to "handle" the sales, but they are trying to keep the details "confidential".  Sorry, that's not the way it works.  I've been doing this kind or work for a decade, and if you want to maximize return, then you need to expose an investment property to the greatest audience of potential buyers possible.  That means using MLS and the professionalism of trained Commercial REALTORs.  

Link to globeandmail.com: Ottawa's real estate targets exceed market appraisals

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