What time table are expensive sale CRE listings usually on?
Hey,

I'm new to the business and exploring different avenues to get listings. There is a retail store in my market listed for around 10 million with one of the big national firms.

It was originally listed about 6 months ago, but I have no idea how long these listings usually are set for. 

Would it be completely inappropriate for me to send information to the owner through mail? Hoping that he gets frustrated with his current realtor and looks for other options. 

Your thoughts are appreciated, thanks. 
[{"id": "dciwly7", "text": "Check and see if any of the tenants have left. Typically they will pull a listing if they lose a big tenant. Tenants are the real value, that would be your inif you could bring a tenant to the table. As for hoping to list it...Do you work for a national broker? Most big sales need National brokerage firms, like Stan Johnson etc. Because they need the reach to find the correct buyer. Also have you seen the full package or the original listing? Some times these guys are dreaming on their asking prices for some centers and the current lease rates tenants have could not be sustainable. No it wouldn't be inappropriate to mail something, bit I suggest hand writing a letter and do your homework big time.", "replies": [{"id": "dcixrwg", "text": "&gt; ers and the current lease rates tenants have could not be sustainable. No it wouldn't be inappropriate to mail somethi\n\nThanks for the reply. \n\nThere is only one tenant and the building appears to be owned by the tenant. It was bought in 2013 for around 4,300,000 so I do think it is way over priced...  ", "replies": [{"id": "dciyhgs", "text": "So it's a STNL? Are they going to lease the building back? Seems odd, what is the sales cap rate?", "replies": [{"id": "dcj0zpi", "text": "No cap rate available, but the estimated sales volume is around $750k. So I'm guessing the cap rate is pretty low. ", "replies": [{"id": "dcjgpe5", "text": "So i assume it's a 7.5 CAP, which isn't really overpriced for a $10million building, as long as current owner stays and signs a long term lease.  Is it an easily rentable space is the current tenant/owner leaves?", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dck811l", "text": "Honestly, I don't want to rain on your parade, but I would maybe focus on some smaller deals if you are new to the business. I guess you can always get lucky, but most $10M+ property owners are only going to work with someone with substantial experience and a track record so they know they can trust their advice. Often they will also list with a large, or at least medium sized brokerage firm who can put substantial resources behind the listing.\n\nI would try to do a larger volume of business, but smaller deals at first to build your track record and reputation. The plus side is that those owners are probably getting fewer calls from brokers, so you should have a higher success ratio too.\n\nIf your goal is to chase big deals, I would try to get on as a junior broker as part of a team that is already listing those big deals. They will be able to mentor you on the process and introduce you to those owners through their existing relationships.", "replies": [{"id": "dckh6qi", "text": "You're right. Appreciate the comment. ", "replies": [], "depth": 2}], "depth": 1}]