Best Practices 1104
Locating Properties/Setting Up Building Tours
This post originally appeared on tBL member Lynn Drake's blog Compass-Commercial Blog | Expert Commercial Leasing Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. As a commercial real estate agent, I usually spend 5 to 10 hours just looking for potential sites for sale. Once a list of […]
A New Development
This post originally appeared on tBL member Allen C. Buchanan's blog Location Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. Image Attribution: www.shutterstock.com One of the perks of my veteran status in the commercial real estate wars is I occasionally get to share my knowledge with a new […]
Examining the Variables that Influence Cost of Occupancy
This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. While many different factors go into managing your corporate real estate portfolio, occupancy cost analysis is frequently the most powerful tool that you can utilize to control expenditures. The tenant’s annual occupancy cost […]
The REAL Differences Between Texas and California
This post originally appeared on tBL member Allen C. Buchanan's blog Location Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. Image Attribution: www.redbubble.com A great deal has been published recently about the business environment the Golden State of California offers vs. the “streets are paved with gold” Texas […]
Problems. Deal with Them!
This post originally appeared on tBL member Allen C. Buchanan's blog Location Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. “Solve all the problems or you won’t get paid!” Sage words from my mentor in 1984. Problems. Every deal has them – to the point if something is […]
Putting “Punch” Into Remediating Your Construction Issues
This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. All good things must come to an end, and that includes construction projects. But when they do, it should never be a set-it-and-forget-it scenario. You need to ensure that all the details of […]
The Top 3 Differences Between Residential and Commercial Mortgages
This post originally appeared on Root Realty's Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Before you apply for a mortgage loan for your Chicago investment property, you should know what your options are. The two basic types of mortgage loans are residential and commercial. It’s easy to […]
Random Commercial Real Estate Thoughts
This post originally appeared on tBL member Allen C. Buchanan's blog Location Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. Image Attribution: Image Attribution: www.brianbolding.com Occasionally, it’s a great idea to clear the inbox of your mind. Today, I unpack several issues clogging my consciousness. When is an […]
Ensuring the Use of a Qualified General Contractor
This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Hiring a contractor can be a big decision. There are many factors to be considered during this process. Regardless of what type of project you are undergoing, it’s important to have the right […]
Can Tenants Going South Be Turned Around?
Restaurant Closed Can Tenants Going South Be Turned Around? – We signed as a new client last week, a very nice ownership group with a problem retail tenant. As they described the situation, I was not very surprised, having heard the story many times before as a property manager. The tenant said they’d pay last week, but […]
How On Line – On Purpose has Changed Commercial Real Estate
This post originally appeared on tBL member Allen C. Buchanan's blog Location Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. Image Attribution: www.paradym.com Admittedly – the way we buy goods has evolved. No one will dispute that. Some that I know refuse to enter a brick and mortar […]
Common title obstacles that could delay an escrow
This post originally appeared on Burt M. Polson's Real Estate Journal and is republished with permission. Find out how to syndicate your content with theBrokerList. Photo by Tim Collins on Unsplash When selling real estate, most buyers and sellers in my locale of Northern California hire an escrow company to handle the escrow and also provide title insurance […]
Is a Commercial Building Worth More Vacant or Leased?
This post originally appeared on tBL member Allen C. Buchanan's blog Location Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. Image Attribution: www.investopedia.com As we’ve discussed – commercial real estate is owned by those who occupy it with a business or investors who rely upon the rent the […]
Constructing a Credible Build to Suit Work Letter
This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. The provisions regarding construction are normally captured in the work letter of the build to suit lease. With a coordinated team of expert consultants and with a little leverage, a tenant should […]
Relationships with Bankers are Key
This post originally appeared on tBL member Lynn Drake's blog Compass-Commercial Blog | Expert Commercial Leasing Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. Before you go out and start looking at buildings, contact your local bank and schedule an appointment with the branch manager. Ask them to […]
Simplifying Renovation and Redevelopment
This post originally appeared on Lee and Associates Orange Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. A lot of commercial property will need to undergo some sort of updating process when you first buy it. All commercial property will need an update at some point in its […]
Negotiations are Stuck! Now What? _ Suggestions
This post originally appeared on tBL member Allen C. Buchanan's blog Location Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. Image Attribution: www.spacelink.com Commercial real estate transactions require negotiation. Duh! But, candidly, the back and forth is my least favorite part of a deal. Many consider the volleying […]
Eight often forgotten rules of a 1031 exchange
This post originally appeared on Burt M. Polson's Real Estate Journal and is republished with permission. Find out how to syndicate your content with theBrokerList. Photo by Oziel Gómez on Unsplash An investment property owner selling a property can potentially owe up to four different taxes: deprecation recapture of 25 percent, federal capital gains of […]
Steps Commercial Property Owners Can Take to Avoid a Fire
This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. The fire that damaged a significant portion of the Notre Dame Cathedral in Paris this April was truly devastating. The flames raged on for hours before first responders could get the fire under control. […]
Commercial Real Estate is Still Local – Three Reasons
This post originally appeared on tBL member Allen C. Buchanan's blog Location Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. When I started plying my trade in the early eighties – our means of sourcing new business were the phone, a Rolodex, shiny shoes, and a big smile! […]
“How do I qualify?” and other questions
This post originally appeared on Burt M. Polson's Real Estate Journal and is republished with permission. Find out how to syndicate your content with theBrokerList. Photo by Camylla Battani on Unsplash I am asked questions daily by my clients. Problem-solving is what us brokers do because there will always be issues, conflicts, and dilemmas that come about. Below […]
Mortgage Loans: They Aren’t all Created Equal
This post originally appeared on tBL member Lynn Drake's blog Compass-Commercial Blog | Expert Commercial Leasing Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. Occasionally, someone will sell their building on a land contract. This mean the buyer puts down an agreed upon amount and then the […]
With the Slowdown – How should you Change – 4 Ways
This post originally appeared on tBL member Allen C. Buchanan's blog Location Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. Image Attribution: www.homesphere.com I read with great interest this week a column by Jeff Collins entitled Home Seller’s Market Cooling wherein he reports the year over year home […]
What’s the difference between a listing agent and tenant rep agent?
This post originally appeared on tBL member Michael Kushner's blog Omni Realty Group and is republished with permission. Find out how to syndicate your content with theBrokerList. The use of the term real estate agent casts a broad umbrella under which people tend to lump all real estate professionals into the same category. The truth […]
Alcohol Licensing and Process – DC Style!
Many of our clients ask us about the alcohol licensing process and related requirements in order to sell or serve booz in the District of Columbia. The type and class of license required all depends on the nature of the operation. For eaxmple, A Retailer’s Class A License is required to open a liquor store and must […]
Is Price Important – 5 Reasons Why it’s Not!
This post originally appeared on tBL member Allen C. Buchanan's blog Location Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. Image Attribution: portfolio.nowmarketinggroup.com This could be the shortest column EVER! Of course price is important. End of story. But, because I have a bit more space – allow […]
New Industrial Buildings – Why not More of Them?
This post originally appeared on tBL member Allen C. Buchanan's blog Location Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. Image Attribution: www.newdesignsforgrowth.com Industrial buildings – where folks make, store, stage, service, and ship things – have been the darling of investors and developers for almost ten years. […]
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