Be City Smart and Choose the Right Commercial Real Estate Brokerage to Work For

Be City Smart and Choose the Right Commercial Real Estate Brokerage to Work For

You can waste a lot of time when you mistakenly choose the wrong real estate brokerage to work for.  There are major differences between some brokerages in commercial real estate today.  In undertaking a bit of selective questioning and research at the very beginning of your career you can make the best choices when it…

Establishing a Professional Rent Collection Policy in Commercial Property Management

Every commercial property management department should have a ‘rent collection policy’.  That policy should reflect the market conditions, the landlord’s instructions, and the terms of the lease document.  You will get arrears in rent collections at any time and for all types of reasons; the larger the property portfolio under management, the greater arrears event…

Challenging a Commercial Real Estate Team to Lift Performance

Challenging a Commercial Real Estate Team to Lift Performance

In commercial real estate brokerage, you will find challenges when it comes to every real estate team.  The disciplines and business processes across sales, leasing, and property management will vary, and on that basis you need to know that every member of the team is implementing the necessary skills to serve the client base and…

A Quick Guide to Creating a Commercial Property Management Building Budget

The object of a budget in a commercial or retail building is to track and control income and expenditure.  Every month and quarter through the year the budget can be compared to actual money earned in rent and spent in outgoings.  Adjustments are then made to ensure that the landlord doesn’t experience any unknown financial…

Commercial Real Estate Brokerage Leasing Services Backed by Planning

Commercial Real Estate Brokerage Leasing Services Backed by Planning

The commercial real estate office leasing market can be very lucrative for any brokerage. That being said, the best way to approach the specialized services required is through planning and direct action. In any major town or city, the brokerage leasing services you provide can lead to sales opportunities and property management appointments. For that…

Essential Leasing Strategies and Skills for a Retail Shopping Centre Manager

In a retail shopping center the factors of leasing are critical to property performance.  Retail tenants can come and go from a property and on that basis can dramatically impact property income.  The property manager should have advanced leasing skills to solve the rental an income issues well in advance wherever possible. As a shopping…