Over the last several years, there have been a number of listing platforms that have come out of the woodwork in response to the disruption that occurs when a monopoly is formed through the strategic efforts of public companies aimed at disrupting an...
Interview with Thomas Bible, RealtyZapp Founder. First of all, how are you and your family doing in these COVID-19 times? We are fine. We have followed recommendations of wearing a mask in places where social distancing is not likely, we carry sanitizer...
In today's commercial real estate market, there have been a flood of new agents, drawn by the allure of easy money due to heightened buyer demand. But there are no short cuts to long term success in this business. With every recession, there is a mass...
Administrative Assistants are a valuable asset to Commercial real estate firms. Assisting with marketing materials, property research and Prospecting are some of the important activities that occupy their time. Whether family members are recruited to assist sole practitioners, or as a small firm grows, administrative staff are added to free up some of a Brokers time, where should the focus be to maximize value to the agents they serve? Technology has evolved to make all of these functions easier, ...
Prior to the coronavirus pandemic, commercial real estate prospects were very hands-on touchy-feely about reviewing locations for their company’s relocation and expansion 0ptions. A typical property tour would consist of three to nine locations with multiple personal contacts lots of handshaking. Covid-19 has radically changed this behavior and created the addition an essential marketing element for brokers everywhere. In 2020 and beyond, video walk-throughs or 3-D virtual interior tours will be ...
The last Six months has been quite a challenge for real estate agents, trying to stay connected with clients and continue marketing properties to an audience that is somewhat reluctant to make a decision on new space until they are confident regarding the potential utilization of any particular space moving forward. As if this has not been challenging enough, civil unrest in cities across the U.S. has put agents on edge, with concern over personal safety while showing or touring, unsure as to whether ...
Commercial real estate leases come in many forms and rental rates are represented differently according to how these leases are structured. Some leases require the tenant to pay a portion of operating expenses, while others include all expenses in a single figure, but in a sense, one way or another, the tenant pays for it all but the perception varies. Every commercial real estate agent seeks to provide the best service to their clients. Therefore, it is important that all understand the ins and ...
Whether you know it’s time to sell because you witness your company growing too big for your space or you want to venture out of CRE investing, placing your commercial property on the market can feel like a daunting endeavor. Even if you are opting to retire from a business you have owned for perhaps decades now; you can benefit from these tips to market your commercial space for sale. Never Under-Estimate First Impressions Look at your property through the eyes of a buyer. In doing so, you may ...
Commercial real estate is quickly becoming one of the biggest markets in the world and proving to be the most effective way to invest in your future. Adding real estate to one’s portfolio generates diversity and additional security. Yet, selling commercial property has intrinsic complications that residential transactions typically do not include. This could lead to risky and expensive mistakes by property owners. By utilizing the knowledge of seasoned, competent and qualified real estate professionals, ...
Even through the national shutdown, sectors of the commercial real estate market continue to hold their own. Commercial Realtors confirm that office buildings, retail spaces, restaurants, warehouses, commercial spaces, and factories will stay in high demand for both lease and sale, as the fundamentals of the economy are strong. If you want to buy or lease commercial property for your business, it’s wise to find a real estate agent who specializes in different types of commercial properties. Commercial ...
If you own a commercial real estate business, then you’d know it requires a lot of investment in several resources, like getting listings and making people aware of your presence. But, probably, the most important aspect is the property description that acts as the center stage of your campaign. What’s the quickest way to generate more leads and assist your existing prospects in finding all the relevant information they need? Compose an improved description – with a proper approach to your target ...
Commercial real estate agents are some of the busiest people on earth but handling multiple deals at a time is one of the time management skills they develop very soon, or they quickly discover how costly mistakes can be. And since continually filling the pipeline is essential to long-term success due to the long sales cycle, there are several important marketing essentials that brokers can’t let slide, or revenue can dry up before you know it. We’ve looked at some of these common pitfalls ...
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