Dentists who need to Sell Dental Practice in Arizona should start by ordering an inspection of the property. While it isn’t necessary in all cases, it could prevent potential hindrances later. After a buyer chooses the property, they need a property inspection. The findings of the inspection could stop the sale for the duration of time in which you need to make repairs. By starting with your own inspection, you avoid these delays.
Determining What is Included
In most cases, a dental practice moves with all their existing equipment. However, if a dentist chooses to buy new equipment for their new practice, they could include their older items in the sale. This could increase the market value of the property and make the property more appealing to dentists who are just starting out. It could also reduce the time and expense of moving to these items to a new location.
Arriving at a Price
There are several factors that are taken into account when assigning a price to a dental practice. To start, if there is a balance on their mortgage, you have on your practice, you should begin with this value. Any equipment included in the sale should be appraised. The location of the practice is significant and could affect the price received. The appraised value should be compared to its current market value. Your agent could review these factors and help you to establish an asking price that provides you with a fair value.
Placing the Property on the Market
As the agent begins the listing process, they identify strategies to promote it to other dentists who are ready to buy. The agent includes the features that are most beneficial to buyers. This includes equipment and fixtures. They advertise these properties through online venues and local publications to heighten visibility of the property.
Dental professionals who are ready to relocate or retire will need to Sell Dental Practice in Arizona. Through services that cater specifically to dentists, you could acquire the competitive edge you need to sell your property quickly. When you’re ready to take the next step, contact Western Practice Sales Arizona.
