When it comes to market knowledge, many new commercial real estate agents struggle to understand where to begin. There appears to be a never-ending supply of things to investigate and keep tabs on. Do you recognise that as a problem in your real estate business? Think about your property types, the precincts, the people and…
In commercial real estate, a good negotiator is one who has a thorough understanding of all of the property and market factors. In today’s video, we share some priorities to think about with real estate negotiations and particularly with listings. This is a changing and growing real estate market in many locations and that will…
In commercial real estate sales and leasing today, it’s reasonable to expect some things to go wrong within a transaction, so as an agent, stay committed to the deal throughout the entire inspection, negotiation, and closing process. When you think a deal is done, there are still likely to be a number of outstanding issues…
How do you get control of your real estate business and overcome a slump in enquiry or transaction frequency? The answer is simple and should remain so. Modify the real estate day by focusing on fewer important tasks. Distractions for agents occur every day, and many brokers allow many of those pressures to get the…
How can you create more listing opportunities in commercial real estate today? It is a changing market but one that is likely to open up considerably over the next 12 months as investors seek and find ways of growing their portfolios. So you need a plan for brokerage right now. Don’t just think about commercial…
In commercial real estate brokerage today, you must develop a growth plan for your client list. When you do that and stick to your schedule, everything gets a bit easier. So, what is your base plan? Try this strategy. Every day, talk to a variety of new people to better understand what is going on…
If you are in the business of providing specialised sales and leasing services to commercial property investors and landlords, you will need to be well-versed in commission negotiations as well as commission standards for your location. Unreasonably large numbers of agents believe that they must discount their commission in order to secure the listing. Nothing could…
Top VIP clients in commercial real estate are typically those who own high-quality properties in desirable locations. They are good clients to have and to maintain relationships with. Even so, you will discover that gaining their trust and attention will take some time. In addition, you will be competing against other agents with different marketing packages and…
In this real estate market, clients must first ‘purchase’ you as an agent, with your property skills, your ideas and your offerings before they will list with you. Your listing pitch should be refined and tuned to the client’s situation. Building a ‘convincing’ agent persona is a competitive advantage in commercial real estate and is…
Commercial and retail property landlords generally want just two things. When you satisfy those two things, you typically have a client for life. So, what do landlords want from agents? In the first instance, they are looking for tenants to fill vacancies. So, it directly follows that if you as an agent know plenty of…
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