Clustering your retail tenants in a shopping centre can significantly help customer attraction and sales. This reduces the possibility of vacancy and improves rental collections. That is a good formula. Typical retail shopping centres are constantly changing their tenant offerings and positioning. In any large, thriving retail shopping center, tenants will be moved around when…
When you have a shopping center to lease or some retail property vacancies, your working plan or new business blueprint will be critical to progress. Simply put, you should know and engage with many retailers and local business people. Here is a plan to help you with that. What is the target of retail shop…
In today’s commercial property market, there are many opportunities to tap into with clients and properties. Getting those opportunities into your listing presentation is critical to your desired outcome. In some cases, discussions with clients lead to listing presentations, which should be carefully constructed for ‘relevance’. That is then part of ‘opening’ up on your…
In the business of selling commercial real estate, it’s not unusual for agents to struggle or see a drop in business from time to time. The matter is resolved when they focus on building market share and a client base. Consistency in taking action is so important in real estate today at a personal level….
Since the pandemic, more and more businesses have adopted cloud-based technologies to support remote and hybrid working. But how is cloud-based technology evolving in the security sphere, and how is this changing real estate management? Keep reading as we discuss the top evolvements in cloud-based security technology and how this is transforming real estate management…
Shopping Centres are complex properties, requiring a reasonable degree of control and planning from both an investment perspective and property management. You have tenants, customers, local economic sentiment, and property design to consider. Shopping Centre managers must have experience in the property type and a solid foundation in the investment alternatives available. In addition, individual…
In commercial real estate brokerage, and as an agent, you should make plenty of cold calls to business people and investors. It is a daily event and should be firmly placed in your diary as something you do at the start of each day. A professional approach is the best way to make the calls….
Negotiating happens in just about every part of the real estate business. Sometimes the process is easy, and other times it is complex and challenging. You can build strategies to help. As agents and brokers, having a comprehensive skill set around negotiation is a good idea. Think about practicing skills around that. Property market conditions…
Underestimating cyber threats can be very risky for owners and managers of commercial buildings. As the use of smart technologies increases, so do the opportunities for cyber criminals who can take advantage of this shift toward digitalization to target data, money, and operations. Without effective countermeasures, it becomes easy for these ill-intentioned individuals and groups…
There are always commercial real estate clients to find in your location and serve. The only other fact that has some impact on the “client search” process is the economy. How you find clients as a local agent depends on the economy at any given time, and your efforts. You can control your actions but…
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