In this property market today, there are lots of listings that remain unsold. Buyers of property are very selective and slow to act. It is not a seller’s market. So what type of market is it? It is an ‘agents market’. There is a lot of opportunity out there for agents that strive to build…
So many times I hear that agents are listing properties and doing their fair share of the deals but their income is still down and they are working really hard. It’s a common problem and it needs to be fixed. There are reasons for the issue. The problem comes from the fact that the agent…
In commercial real estate sales and leasing, the traditional advertisement has a lot of power in attracting the right enquiry. It’s just that the location of the advertising has changed a lot. Our strategy of marketing needs to change with it. Today we are getting most of our enquiry from the internet, so the advertising…
Many landlords are too focused on income and rent growth as part of owning a commercial property. The important issue in this property market is getting a tenant that can bring stability to a property. When vacancies are generally plentiful, the number of properties that tenants have to choose from is quite high. That is…
In this commercial property market, there are plenty of leasing opportunities for us agents to work on. When there are many vacancies, you have some good stock to choose from. Pitching and presenting for those listings becomes crucial to our craft and real estate profession. Quality stock should be your focus today because you will…
Commercial real estate agency is a great sales career, and you will come across many top agents that have ‘done it hard’ for some time, and then finally they have got their system established to build their business. Many top agents have learnt from their mistakes in commercial real estate, although this can take some…
The landlords who own investment property today are likely to face some challenges with vacant premises and tenant movements. That is where the skills of a specialised leasing agent are so valuable. Every landlord you act for should be helped to understand the local property market and its challenges. The days of generic marketing of…
Until recently, investing in the London commercial property market would have seemed a poor proposition. The recession caused a collapse in this market, which at its worst saw values falling by 33% from their 2007 high point. However, there has since been a rebound in property prices, and recent signs of economic growth will further…
Every tenant is different in occupancy needs. The space that they inspect to potentially lease will be interpreted differently. You have to be a good communicator to get to the key issues that the tenant sees as important to them. What is important to them in the lease occupancy? Get to the answer to that premises question….
When it comes to renegotiating a commercial or retail lease, the general rule is to start the process as soon as possible, well within the time frame specified in the lease signing process and documentation. Early negotiations allow for a productive tenant and landlord dialogue. Leasing and the Property Market Rental Typically the levels of…
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