How much does a commercial real estate broker cost?
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In Texas, commercial brokerage commissions are negotiable and on investment sales are almost always paid by the seller at closing, split between the listing and buyer-side brokers. If you're a buyer, there's no out-of-pocket brokerage cost; the fee comes from the seller's side of the closing statement. All compensation is disclosed in writing in the representation agreement before engagement.
How long does it take to close a commercial real estate deal in Fort Worth?
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From accepted LOI to closing, expect 60–90 days for a standard investment sale. Roughly 10 days to negotiate the PSA, 30–45 days of due diligence (Phase I environmental, survey, title review, lease audits, property condition assessment), and 15–30 days for financing and closing. All-cash deals can close in 30–45 days. 1031-driven closings get paced to the IRS 180-day calendar. You get a written deal timeline at LOI so every milestone has a date.
What's the difference between an LOI and a purchase agreement?
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A Letter of Intent is a short, non-binding term sheet covering price, deposit, due diligence period, closing date, and major contingencies. It's used to get aligned on economics before lawyers are involved. The Purchase and Sale Agreement is the binding contract that follows, typically 30–60 pages, covering reps and warranties, default remedies, prorations, and assignment rights. LOIs are negotiated in-house; the PSA is coordinated with your transactional attorney.
Do I need a Texas real estate attorney to buy commercial property?
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Texas is a title-company closing state, so you don't legally need an attorney to close (unlike New York or Illinois). That said, for any deal over roughly $1M it's worth having a Texas-licensed CRE attorney review the PSA, lease assignments, and any seller financing or assumption documents. Referrals to Fort Worth and Dallas attorneys who specialize in CRE are available if you don't have one.
Do you provide property management after the sale?
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SVN | Trinity Advisors focuses on brokerage and advisory, not in-house property management. For clients who need management post-closing, there's a referral network of Fort Worth–based managers with experience across each major asset class. We help scope the management agreement, benchmark fees against current proposals, and stay involved as your asset advisor through the hold.
How do you decide when it's time to sell a Fort Worth commercial property?
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A few things usually drive the decision. You've hit your IRR target and reinvesting elsewhere (including a 1031) produces a better forward return. Cap rates in your submarket have compressed below your acquisition basis and there's a sell-high opportunity on the table. Or lease rollover, capex, or tenant credit deterioration is about to erode value. A no-cost broker opinion of value gives existing owners a real number to make the decision against instead of a guess.
Can I owner-occupy a commercial property I buy through you?
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Yes, and owner-user is one of the more underrated plays in the current market. SBA 504 financing lets owner-users put as little as 10% down on a property they occupy at least 51% of, with long-term fixed-rate debt. Representation is available for business owners acquiring office, flex, retail, and light industrial across Tarrant County, with referrals to SBA lenders who close Fort Worth deals consistently.