So you want to establish a commercial real estate brokerage? There are a few issues to look into and resolve, plus plenty of opportunity. Local area coverage is one thing, but a full understanding of the property market and the competition is really important if you want to get some traction in building your business…
In this special report on office leasing, I have covered some of the key factors that will help you inspect office premises and convert the tenants in that inspection to go to the next level in interest. When you have a good quality office building or tenancy to lease, take that listing and covert more…
When you are considering a franchise based business within a commercial real estate brokerage brand, there are some things to explore and investigate. Some franchise groups are not as good as others when it comes to the variety of services and support offered; they are not all the same in commercial property. (N.B. these ideas…
The industrial property market is an entry level segment of the industry where most property investors initially focus. The simplicity of the cash flow, tenant selection, and property improvements make it easy for the ‘budding investor’ to understand the opportunities of the future when it comes to any single property, its cash flow and its…
Finding the right people to work in your commercial real estate team is a challenge at the best of times. The people within the team should have the right skills for the local property market, they should be self-motivated, and also professionally skilled to build their business personally and then to support the growth of…
In commercial real estate today, we negotiate in many different ways in all stages of a transaction. The parties involved in a sale or lease, and within the property types will have a lot to do with the levels and the intensity behind the negotiation. It directly follows that every broker and agent should be…
Managing a retail shopping center is a very special process. It requires the right leasing and property management specialists that understand all the key facts of the property type and the local area. Retail property requirements are more complex than those that apply to office and industrial property. If retail is a property type that…
In commercial real estate agency, you must have a response mechanism for all of your marketing activities. The response mechanism should be well chosen and supported by the sales team and the administrative team. So the response mechanisms typically used are the following: E-mail Mobile telephone Office telephone Specially designed website Generic agency website E-mail…
A career in commercial real estate is very rewarding providing you put in the effort and build your knowledge for the area and property types that you will be working on. You need a business plan for commercial real estate agency. Sales and leasing opportunity for commercial and retail property will always be there for…
A career in commercial real estate is a great opportunity for personal success. However, it is also a challenging career that requires a lot of personal discipline to achieve the desired results. Success in the industry will not be the same from person to person, but you will know what it looks like to you. …
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