Best Practices (1249)
Property Taxes and YOUR Tenancy – PLEASE READ THIS!
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.piasc.org Whether you own and occupy the building from which your business operates – owner occupant – or you lease the premises – tenant – THIS […]
How to Avoid Schedule Delays in Development
This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Oftentimes change equals a challenge in the commercial development world. But a change in your schedule doesn’t have to become a crippling delay if you’re prepared for it. Unrealistic expectations of the permit […]
How to Determine the Sales Price
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. Commercial buildings are priced based on 3 criteria: replacement value with a deduction for depreciation (also called obsolescence), which is usually based on the […]
How to Become a Commercial Real Estate Legend? Simple – These Four Things!
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.leeandassociates.com I am penning this post from a palatial suite – not the font seat of my car, btw – at the Aria in Las Vegas. […]
5 Ways to De-Rail Marketing your Commercial Real Estate Vacancy
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.thedailystar.net These days – available buildings are in short supply. Unlike our residential colleagues – our commercial real estate market is largely owner oriented. We are […]
REITs vs. Stocks: Leveraging the Benefits of Real Estate Investment Trusts
This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Every investment strategy comes with its own distinctive litany of pros and cons. External factors also come into play when deciding where to invest your money. Current market temperature, portfolio diversity, and even personal […]
Factors to Consider When Drawing Your Project Timeline
This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. No two projects are the same; however, the following statement should be true for every projected timeline: Mission: Achieve balance among competing priorities for successful project management and execution by the set deadline […]
When is a Commercial Real Estate Deal Most Vulnerable?
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.glazerteam.com Akin to those toddlers who taught me lessons recently – a commercial real estate transaction is born and grows up. In effect, it has a […]
Commercial Property Leasing
The best commercial brokers representing landlords generally follow a three-step leasing process. Information Information gathering and pre-marketing is step 1 with the broker understanding the property objectives, completing a market review, developing a marketing strategy and creating marketing assets such as property videos, floor plans, and professional photography. Marketing Step 2 is Marketing. […]
6 Reasons to Share Vendor Resources with Clients – Part 2
This post originally appeared on Tenant Rep LA's Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Through trial and error, we develop a list of the who’s who in resources for our clients. I am opening up my little black book of favorites and sharing them with you […]
What do you Need to Know Before Making an Offer?
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. Your commercial agent and your attorney should help you develop the list of things you need before making an offer, but here are just […]
6 Reasons to Share Vendor Resources with Clients – Part 1
This post originally appeared on Tenant Rep LA's Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Through trial and error, we develop a list of the who’s who in resources for our clients. I am opening up my little black book of favorites and sharing them with you […]
Hire The Right Commercial Property Company
Hiring the right commercial property company is important for property owners and tenants. Five things to consider before hiring a commercial property agent and company are: Company Focus: Large national brokerage firms usually will lease, sell and manage larger size properties because the profit margin on smaller properties is so much less. Commercial Real Estate […]
5 TIPS WHEN LOOKING FOR AN EXECUTIVE OFFICE SUITE
This post originally appeared on Tenant Rep LA's Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. DEFINITION: Flexible office space is a flexible alternative to traditional office solutions, affording companies the possibility of implementing versatile space solutions. Flexible workspace is also known as shared office space or flexispace. Most important is you get flexibility …can start with a virtual […]
Property Statement of Cash Flow
PROPERTY STATEMENT OF CASH FLOW The pro forma statement of cash flow is an annual statement listing property income and expenses. It includes revenue and operating exepenses through net operating income(NOI) and before tax cash flow(BTCF). Here is our spreadsheet with the proforma calculation. For more information visit https://capitalretail.com
Revenue per Square Foot: Still a Reliable Measure of Success?
This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. First thing’s first, revenue per square foot is the amount of sales revenue received, divided by the amount of retail space the business occupies. When measuring retail profitability and the effectiveness of an individual […]
5 Questions to Ask During Site Selection & Due Diligence
This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Perhaps the most overused real estate term to date, “location, location, location” still rings true today during the site selection process, no matter how much the business and technology have evolved. Other factors […]
4 Ways to Increase Your ROI on Multifamily Investments
This post originally appeared on Beck Partners' Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. As a property manager, there are several ways to increase your ROI on multifamily investments. However, there are four, in our eyes, that can truly make a difference if you learn to practice […]
5 Ways to Close your Commercial Real Estate Deal Faster
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.pinterest.es Two weeks ago – in this space – I discussed the reasons your commercial real estate deal is taking so long to close. As promised […]
What is a Contingency?
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. A contingency can be thought of as an exception in a real estate contract (a kind of, “I will do this, if you do […]
5 WAYS TO ADD VALUE TO YOUR CLIENTS
This post originally appeared on Tenant Rep LA's Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. “I’d rather be the jester who adds value to those around me than a King with no vision or intention of making a difference.” Janna Cachola, Short Journey ADDING VALUE: TRANSACTION – firstly by […]
Tips for Promoting Your Commercial Real Estate Business on Social Media
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. Businesses in every industry have turned to social media as a marketing tool to share information, grow their band and cultivate an audience. While in many cases, this […]
Back to the Drawing Board: When Projects Require Site Plan Revisions
This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. No commercial development project goes from planning to completion without a hiccup or two. From multiple site plan revisions to meeting various municipal requirements, these types of projects can be time-consuming and costly. […]
Commercial Real Estate Content Marketing – Does it Matter?
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.dreamstime.com One of the ways I survived the economic downturn of 2008 was to “work out loud” – a phrase coined by my bride of forty […]
Attracting + Retaining the Modern Worker with Unbeatable Work Culture
This post originally appeared on Beck Partners' Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. As baby boomers move into the age of retirement, employers find themselves looking for ways to improve their work culture. Attracting and retaining top, millennial talent can be tough, especially if an employer […]
Two Financial Reasons for Buying Income Real Estate
Owners purchase income-producing properties for two main reasons: 1) Investment 2) Speculation. Investors in real estate often have a longer holding period then those who buy for speculation. The primary opportunities for investors are A) Periodic return (cash flow) B) Capital preservation (safety) C) Capital appreciation (hedge against inflation) D. Leverage (other people’s money) E. […]
The Value of Hiring Civil Engineers
This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. As part of our effort to break down the value of hiring different professionals (such as general contractors or architects) to assist in the development process, let’s look at a profession that’s been […]