I've a commercial office property in Hamilton that has come to the end of tenancy and I'm either re-leasing or selling (if I get the right price). It needs repainting and recarpeting but I'm receiving different advice from different real estate agents whether I should re-carpet and paint now or wait until I get a prospect and then sort it out with them.
The property looks rather tired inside and needs it but the logic of one agent is that whatever one does the prospect will want it done differently and one is wasting money. The other agent is basically saying making it look 'move in' quality will enable one to get a tenant faster. Cash is not the issue rather not wasting cash is.
What experience have others had in this?
The property looks rather tired inside and needs it but the logic of one agent is that whatever one does the prospect will want it done differently and one is wasting money. The other agent is basically saying making it look 'move in' quality will enable one to get a tenant faster. Cash is not the issue rather not wasting cash is.
What experience have others had in this?
Comment