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Commercial
Property Sales
1. What are the fees and commission rates charged by commercial agents in Qld?
Fees are not regulated and are therefore negotiable. Any successful investor will tell you that if you choose the right agent they are worth far more than the fees they charge. Never choose an agent on the fee structure alone. The final result is where the money is made not through negotiating lower fees.
2. Why should I have my commercial and industrial property managed by a specialist agent, surely anybody can collect the rent?
Collecting the rent is only part of the job. When you engage a specialist agent to manage your commercial and industrial property they do just that - they manage your property. Management means more than just collecting the rent. It involves:
Advising on acceptable lease structures so that your investment not only retains its value but also has growth built in wherever possible.
Negotiating lease terms with the tenant to obtain results that ensure that the value of your property is enhanced by the lease and not restricted or worse - devalued.
Dealing with your tenant in an expert manner regarding queries and problems that inevitably arise from time to time with the property and/or tenancy - these negotiations should only be handled by professionals to achieve the best outcome.
Ensuring the property is maintained.
Advising the owners on rental and sale values and generally keeping them informed of market trends.
The future value of your property is dependent in part by the quality of it's management - to take chances with a non specialist is unwise and likely to result in rough running for your investment and lower returns.
3. What if I need information about Stamp Duty rates in Queensland?
The best place to refer the issue to is the Queensland Office of State Revenue - For more information about Stamp Duty, go the State Government's website at www.osr.qld.gov.au or phone 07 3227 8733 or 1300 301 342.
4. If I have GST-related questions regarding supply of a going concern or GST on rent, where should I go for advice?
The only source of definitive information on these topics is the Australian Tax Office. Contact details are included on their website at: www.ato.gov.au
SOURCE:http://www.reiq.com.au/buySellRent/sellcommercial.asp
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