Commercial Real Estate
Commercial real estate is a highly specialized niche in the real estate business. Though there are far fewer agents and brokers doing commercial business, the dollar amounts are huge.
Choosing a Commercial Real Estate Firm for the New Commercial Agent
Commercial real estate can be a very lucrative career. However, it is generally much harder to get going in the commercial side, sometimes a year or more before any income is realized. Sometimes how you choose a commercial real estate brokerage can make all of the difference. Learn what to consider here.
Commercial real estate can be a very lucrative career. However, it is generally much harder to get going in the commercial side, sometimes a year or more before any income is realized. Sometimes how you choose a commercial real estate brokerage can make all of the difference. Learn what to consider here.
Choosing a Commercial Real Estate Firm - Benefits and Agreements
Tying up the loose ends in choosing a commercial real estate brokerage, we look at the benefits, support and the type of employment agreement you will be comparing.
Tying up the loose ends in choosing a commercial real estate brokerage, we look at the benefits, support and the type of employment agreement you will be comparing.
National or Local Commercial Real Estate Firm?
One of the decisions a new commercial real estate agent must make is the choice of a brokerage based on their local or national affiliation. National firms have advantages, but consider all of the facets.
One of the decisions a new commercial real estate agent must make is the choice of a brokerage based on their local or national affiliation. National firms have advantages, but consider all of the facets.
Choosing a Commercial Real Estate Firm for New Commercial Real Estate Agents
Considerations in the choice of a commercial real estate firm include their areas of experience, reputation and broker experience. How do these factors shape your decision?
Considerations in the choice of a commercial real estate firm include their areas of experience, reputation and broker experience. How do these factors shape your decision?
Choosing A Commercial Real Estate Firm For The New Agent
Choosing the commercial real estate firm is an important decision for the new commercial real estate agent. Company size is usually one of the most important considerations. Learn why here.
Choosing the commercial real estate firm is an important decision for the new commercial real estate agent. Company size is usually one of the most important considerations. Learn why here.
Is A Commercial Real Estate Career For You?
There is an allure to commercial real estate. Many a residential real estate agent has considered the switch. However, know what's required first, and try to plan for your success.
There is an allure to commercial real estate. Many a residential real estate agent has considered the switch. However, know what's required first, and try to plan for your success.
Selling An Operating Business & Real Estate - Who's The Broker?
Though many commercial real estate agents will list operating businesses with the real estate, they are two very different animals. It should be a cooperative effort with a business broker in most cases.
Though many commercial real estate agents will list operating businesses with the real estate, they are two very different animals. It should be a cooperative effort with a business broker in most cases.
Commercial Real Estate Lease Types
Finding a landlord and tenant match in commercial real estate requires a commercial real estate lease type that benefits both. The needs of the landlord are income from rent and the control of costs to assure a profit. The tenant wants to peg their rental costs as closely as possible also. Using the right type of lease, they can both satisfy their needs with a bit of negotiation at times.
Finding a landlord and tenant match in commercial real estate requires a commercial real estate lease type that benefits both. The needs of the landlord are income from rent and the control of costs to assure a profit. The tenant wants to peg their rental costs as closely as possible also. Using the right type of lease, they can both satisfy their needs with a bit of negotiation at times.
The Modified Net Lease in Commercial Real Estate
The modified net lease is so-named because it is a modified version of the triple net lease. Rather than paying all expenses, the tenant may pay taxes and insurance but share maintenance expenses with the landlord.
The modified net lease is so-named because it is a modified version of the triple net lease. Rather than paying all expenses, the tenant may pay taxes and insurance but share maintenance expenses with the landlord.
The Triple Net Lease in Commercial Real Estate
The triple net lease in commercial real estate is used extensively in industrial and retail multi-tenant properties. In this type of lease the tenant pays certain expenses directly in addition to their rent.
The triple net lease in commercial real estate is used extensively in industrial and retail multi-tenant properties. In this type of lease the tenant pays certain expenses directly in addition to their rent.
The Gross Lease in Commercial Real Estate
The commercial gross lease is sometimes also called a full service lease. The landlord generally agrees to pay all expenses in this type of lease, including taxes, insurance and maintenance.
The commercial gross lease is sometimes also called a full service lease. The landlord generally agrees to pay all expenses in this type of lease, including taxes, insurance and maintenance.
Commercial Mortgage Loan Sources and Challenges
Commercial mortgages occupy their own unique niche in the mortgage loan universe. They can be challenging for the smaller investor or group of investors. Learn about sources that work with small commercial investors.
Commercial mortgages occupy their own unique niche in the mortgage loan universe. They can be challenging for the smaller investor or group of investors. Learn about sources that work with small commercial investors.
The Peebles Principles - Success in Commercial Real Estate Development
Quoting from the dust jacket of The Peebles Principles, "..The Peebles Principles distills the lessons Mr. Peebles has learned on his journey from congressional page to CEO of the largest Black-owned real estate development firm in the nation." The twelve Peebles Principles are presented in relation to actual deals, with supporting ground rules in each chapter.
Quoting from the dust jacket of The Peebles Principles, "..The Peebles Principles distills the lessons Mr. Peebles has learned on his journey from congressional page to CEO of the largest Black-owned real estate development firm in the nation." The twelve Peebles Principles are presented in relation to actual deals, with supporting ground rules in each chapter.
Commercial Real Estate Specialty Property Types
Commercial real estate agents and brokers can choose from several specialty types of properties to work with. These include office, business brokerage, industrial, retail and investment.
Commercial real estate agents and brokers can choose from several specialty types of properties to work with. These include office, business brokerage, industrial, retail and investment.
Should You Begin Real Estate as a Commercial Agent?
A common question is whether a person new to real estate should start out in the commercial niche, or work into it from residential or another area of real estate. The decision requires an assessment of finances and abilities. A different skill set is required, and the first commission can be a long way in the future.
A common question is whether a person new to real estate should start out in the commercial niche, or work into it from residential or another area of real estate. The decision requires an assessment of finances and abilities. A different skill set is required, and the first commission can be a long way in the future.
Special Characteristics of the Smaller Commercial Real Estate Broker Pool
Commercial real estate is a very large market dollar-wise, but there are fewer brokers in each market area by far than there are residential companies. This smaller group means more interaction between the brokers. Integrity and ethics are very important, as you will be doing business with the same people many times over.
Commercial real estate is a very large market dollar-wise, but there are fewer brokers in each market area by far than there are residential companies. This smaller group means more interaction between the brokers. Integrity and ethics are very important, as you will be doing business with the same people many times over.
Commercial Lease Calculations Tools
Commercial leases involve office space, retail, restaurant and other types of retail and wholesale businesses. Thus, there are several ways to arrive at commercial rental amounts, including percentage, per square foot and others. Learn them here and get a spreadsheet solution to help you do the lease calcualtions.
Commercial leases involve office space, retail, restaurant and other types of retail and wholesale businesses. Thus, there are several ways to arrive at commercial rental amounts, including percentage, per square foot and others. Learn them here and get a spreadsheet solution to help you do the lease calcualtions.
Due Diligence Information for a Residential Multi-Family Land Listing
Whether representing the seller or the buyer, certain information must be researched in order to assure a transaction that will work for both parties when vacant land is to be purchased for multi-family or condominium construction. Consider utilities, zoning, density, land coverage regulations, building appearance requirements, street access and required widths, height restrictions, parking requirements, lot line setbacks, etc.
Whether representing the seller or the buyer, certain information must be researched in order to assure a transaction that will work for both parties when vacant land is to be purchased for multi-family or condominium construction. Consider utilities, zoning, density, land coverage regulations, building appearance requirements, street access and required widths, height restrictions, parking requirements, lot line setbacks, etc.
Locating a Commercial Real Estate Overlay Board
The National Association of REALTORS® provides this search resource to locate commercial boards by state. Get the contact information for commercial overlay boards if you have an interest in commercial real estate brokerage.
The National Association of REALTORS® provides this search resource to locate commercial boards by state. Get the contact information for commercial overlay boards if you have an interest in commercial real estate brokerage.