Avison Young’s Jonathan Hipp on why hiring an experienced broker can help investors smoothly navigate the nuanced environment of a disposition.
Do-it-yourself projects are all the rage, it seems. Maybe it is the result of the extended home quarantine or possibly it is a simple antidote to the amount of time we spend on our digital devices. Whatever the cause, we are turning ever more to DIY. In fact, according to Statista, the do-it-yourself market exploded from $30.2 billion in 2012 to $43.7 billion in 2018–and that was well before COVID-19 forced us to do it all alone.
But just because you have not lost a finger at your mail-order table saw or singed your eyebrows fixing the perfect bananas Foster does not mean you are a master of any of those trades. And probably the worst place to apply your do-it-yourself skills is in the commercial real estate sales process. Investors invest. Let the broker or brokerage team take on the heavy lifting and do what they do best.