In commercial real estate brokerage, there are plenty of situations and pressures that can arise when negotiating sales. On that basis, you need to do your homework before you get to the final points of agreement, disagreement, or the negotiation itself. The parties to the transaction will have their ideas and perceptions of the property,…
When you work as a commercial leasing agent today, there is likely to be plenty of vacant properties to compare to and compete with. It is wise to carefully consider any vacancy that you have now and then to repackage it, especially for the target audience and current enquiry. How do you create the leasing…
The leasing process in commercial property today does not need to be complex. If you’re looking to identify more local leasing opportunities in your town or city, there are certain things that you should do as part of establishing your system of contact with both landlords and tenants. They need your help, and they are…
Don’t take a vacant tenancy to the property market without a clear understanding of the rental market facts for the location and the property type. Whilst it sounds a logical process, you can get caught out by the real market facts. The concept gets more complicated when you are working a property in a new…
In most commercial, retail, or industrial properties today it is wise to formulate a tenant retention plan and put it in place. If you have lots of tenants in a building then the matter is even more important. So what does a plan like this look like? Here are some ideas that I have used…
As a commercial real estate agent today your leasing processes should be comprehensive and accurate in all respects; that should include the inspection standards and systems that you apply to the property. Knowing the facts about the premises and how to show the premises will help you greatly in converting the inspection to an offer…
In large commercial or retail buildings under property management and facility management there are systems of monitoring and control that are worth understanding. That is certainly the case if you are involved in leasing such an asset. When you consider the way an investment building functions, it is a bit like a ‘big ship’. It…
The outgoings paid for a property that is under lease or property management control will have real impact on tenant enquiry and leasing viability. In simple terms the outgoings for a property should be carefully managed to control property performance. Here are some things that happen when the outgoings costs escalate in a property: The…
In commercial real estate brokerage, many clients and prospects will have certain doubts or questions when it comes to a sale or lease transaction. This then says that we need to be very specific and skillful when it comes to satisfying the questions and doubts of the customer. In most cases the following elements will…
In commercial real estate agency you will soon see the opportunities that evolve with working with tenants and landlords. Leases can bring you good commissions and later position you for a property sale or property management. Either way you can find that property leasing is a good way to open the door for more new…
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