Some of the differences between selling a church property compared to other forms of real estate include the specific perceptions of the building as well as the possibility of specialized renovations on historical buildings. Other differences include special tax laws and the inclusion of specific church-related properties in the sale.Continue Reading
One of the biggest differences in selling a church property compared to other properties is that most churches are viewed by buyers specifically as churches and not a general building with different potential. For example, a retail space can be used to sell different products or converted into a restaurant space, which means buyers are not as limited in how they choose to utilize the space. Churches, especially those with a traditional design, do not allow buyers to envision the space as anything other than a church. This makes it difficult for real estate agents to sell a church property to parties that are not also members of a clergy or religious organization.
Another aspect of selling a church property is that most sales include the items within the church, which are typically very specific to one denomination of a religion. As such, this makes it difficult to sell a church full of Catholic tools to someone who wants to start a Jewish temple.Learn more about Real Estate