When you invest in commercial real estate, your property can be a gold mine or a money pit. Every piece of property has the potential to go either way. The deciding factor is how much you learn about commercial real estate and how well you prepare yourself for the […]
When you invest in commercial real estate, your property can be a gold mine or a money pit. Every piece of property has the potential to go either way. The deciding factor is how much you learn about commercial real estate and how well you prepare yourself for the market. Here are a few important considerations:
An important tip to remember with rental real estate is to get the entire contract and terms in writing. This is important because this is your property and if anything goes wrong during the duration of rental, you want as much on paper to back you up as possible.
If you are buying or selling a house, there will be a lot of contracts to sign. Make sure you are aware of what you are putting your name on. These contracts are legally binding, and you could be making a large mistake and causing yourself a huge headache if you don't take this seriously. Tenant Representatives
Be prepared to put a large amount of time into a real estate investment right from the start. Finding a good opportunity, going through the transaction and making any necessary repairs to the property takes time. Do not let the lengthy nature of the process discourage you. The rewards you see will be much greater at a later time.
You should take measurements yourself to make sure that the landlord is being honest about the square footage. If you find that they aren't, then you can use all of the information that you have to try and negotiate a new deal. Tenant Representation
Hopefully, these suggestions will help you get the best out of the effort that you put into commercial real estate investment. The overall real estate market does dictate how much money is out there, but your share of it depends on how much you know and how hard you work. Tenant Representatives Company
Sometimes tenants feel that by getting many tenant representatives to handle their office space needs, (and landlord representatives) standing on the behalf; they shall gain markets efficiency and also a better transaction. In […]
Sometimes tenants feel that by getting many tenant representatives to handle their office space needs, (and landlord representatives) standing on the behalf; they shall gain markets efficiency and also a better transaction. In fact, the contrary is usually the case. Due to recent advances in listing database technology, there is much more transparency in the availability of commercial space. Each advisor has access to most of the same information and when working with multiple brokers the likelihood of "overlap" increases. Tenant Representation
Additionally, an exclusive tenant representative will have the opportunity to provide broader, ancillary services such as Construction Project Management, Space Planning, Lease Review, Move Management and others.
Objective, consultative advice
Without an exclusive commercial tenant representative, companies fall into one of two potential office leasing traps: a) working directly with the landlord or landlord's agents and b) working with multiple brokers. Unfortunately, in both cases, the tenant will receive biased advice.Additionally, while there might be potential savings offered (in concept) by your landlord, there might exist a hidden costs at the lease documents that will be overlooked. If there is an existing relationship with either the landlord or the landlord's agent, our recommendation is that the tenant request a "baseline" initial proposal (in writing) from the landlord, for which the exclusive tenant representative can evaluate and improve upon. In the case of multiple brokers, each broker is incentivized to make their individual deal at whichever property was offered and downplay any potential hidden costs or issues with that property or landlord. Tenant Reps
A Process-Driven, Total Cost Approach
One of the first steps in working with a tenants representation firm is to assemble a qualified team. This team often consists of professionals outside of real estate brokerage (i.e. project manager, architect, financial analyst, municipal incentives advisor, etc.) who can advise the tenant of hidden cost in the lease transaction.
Greater Credibility within the Landlord Community
In many instances, tenants look at spaces with multiple brokers. With the digitalization of real estate listings, most brokers have access to the same information, and that has led to greater transparency in real estate availabilities (i.e. there is no such thing as "hidden space"). Consequently, there are occasions when a tenant will visit a property with two different brokers. When this occurs, the landlord and also landlord's agent will realize that the tenant has no leverage with either broker and look to fully exploit that situation. Tenant Representatives Firm
The commercial moving company is a company that specializes in helping business owners to move their business from one location to the other. The commercial moving company makes more money than other forms of moving company due to the technical nature of their work. Commercial movement job occasionally requires […]
The commercial moving company is a company that specializes in helping business owners to move their business from one location to the other. The commercial moving company makes more money than other forms of moving company due to the technical nature of their work. Commercial movement job occasionally requires movement of a huge factory or a very large office from the old location to a new office or business location.
Why you need the services of commercial moving company Sometimes you need to move your business from one location to the other. Commercial movers take care of your business needs and see to it that your office or warehouse is relocated to the new position with much ease. They help to ensure that your office arrangement or your warehouse arrangement is tailored to your needs and challenges.The commercial moving company takes care of office move for varieties of business both small and large including sole proprietorship businesses or large business cooperation. Commercial Moving Services
Services rendered by Commercial Moving CompanyThe commercial moving company provides a lot of services to business movers. Often their services are tailored to meet the individual needs of the company they are relocating. Some commercial moving companies work locally and internationally. They can also help manufacturers or businesses to store their office equipment while the relocation process is on till they are fully transferred to the new office.Examples of services rendered by commercial moving companies are:Business and Office MovementThey help business to move their businesses and office. There are usually different office moving programs for businesses to choose from. All you need to do is choose a reputable, competent, and well organized commercial moving company for a successful move. Medical Equipment The commercial moving company can also help hospitals to move their medical equipment from the original hospital location to the new place. You need to make use of competent commercial mover to ensure that your delicate hospital equipment is moved to the new location safely. Usually, commercial movers of this medical equipment have professionals with experience in proper handling of this delicate medical equipment.Movement of computer equipment Commercial movement companies also help businesses to transfer their computers and office equipment from their old location to the new business location. Commercial Moving Companies
They can also help businesses with the installation of those equipment.Warehousing and Storage facility servicesYou can also store your goods in the warehouse of commercial moving company. Majorities of these companies have secure and high-tech warehouse facilities to cater for your business storage needs. Entrust your business and office move into the hands of a competent commercial moving company today and have rest of mind while these commercial movers take the hassle of you! Commercial Moving Systems
The shifting organizations are very beneficial as they help the people to shift from one place to another. The local moving companies are best for saving customer’s time but it is essential to choose right movers. the local moving company are always detail oriented but more importantly they help […]
The shifting organizations are very beneficial as they help the people to shift from one place to another. The local moving companies are best for saving customer's time but it is essential to choose right movers. the local moving company are always detail oriented but more importantly they help in saving valuable time. They can perform the much faster job as compared to other movers. The main advantage of hiring home movers is that they are very familiar with the home areas and thus provide a super fast service and they also give insurance of you property. Therefore, they can easily schedule a right time for moving by considering factors like time and weather. Local moving companies.
Good and reputable local moving company always emphasize more on customer satisfaction. They know very well that a native business is mainly based on word of mouth and this is the reason there is a tough competition in the market. No doubt, there are so many native movers available but make sure to read the testimonials and credentials to acquire a clear insight about their abilities and customer satisfaction. The people always want to acquire discount and to save money over shifting. A reliable company always offers different kinds of services such as sturdy boxes, attractive shifting plans, and a variety of trucks to choose from. Moving company services.
There are different kinds of shifting plans and one can choose any depending upon the choice and preference. Just make sure that a shifting plan should be affordable. The main benefit of hiring local moving companies is that they are well aware of all the routes and thus provide super fast service. The packing of all things or belongings always matters the most. It is very essential that one should make use of small and large boxes to store up their belongings. One can also acquire such boxes from the shifting company. The cushioned boxes are especially available to handle delicate things. Local Moving.
Therefore, do good research on the local moving companies online to select a right one. The Internet is the best medium to get the best quotes. Just make a phone call to enquire about their shifting plans and price rates in order to prevent any further confusion. So, be sure that your company should be licensed and insured, so check it before making any final decision. Moving company.
So a few weeks back I was flying back home and had 75 minutes to spare so I did a Facebook Q&A. Maybe a hundred people or so jumped on and started to ask me questions. About a third of them surprisingly were brand new agents. And I thought I’d do a video just for you brand new agent, veterans starting over and anyone in a slump. I’m going to give you a little more extreme of an answer with the intention that I get you very quickly out of the slump and into success.
Something to note: NAR reports 87% of all new agents fail after five years in the industry and only 13% make it. Agents don’t leave the industry because they made too much money, no, they leave the industry because they didn’t make any.
Before we dive deep, you’ve got to know your internal motive to act. What are your expectations. What do you need to produce vs. your goals. Oftentimes the gap between what we need and our goals creates a lot of unhealthy tension for people. So I say, what do you absolutely need, cover that, then set some goals.
For example, what is your monthly cost to run your household? Rent, mortgage payment, kids, dogs, food, dry cleaning, everything you spend money on – get that number. Let’s say it’s $24,000 a year. Then what about your work–let’s say it’s $8,000 a year, a total of $32,000 a year you need to survive. Then how much outside monthly income do you have (spouse income, rental unit income, etc.)?–subtract this number to your total but for now let’s say this is $0. Also, let’s say your average commission check is $8,000. Well you might be saying “Gosh, I only need to sell one house every four months to survive and sustain my business.” Feel good about it. So know exactly what your costs are and then set your goals on top of that. Now let’s get started!
1.) Affirmations. Every day write this affirmation 30 times, “I earn X amount of dollars or more.” Your reticular activating system will locate and focus in on whatever you think about the most and you will begin to see it everywhere.
2.) Create a daily action checklist. These are things that you know you have to do that day that would make you money. Prospect for leads, set appointments, take listings, get offers, close deals!
3.) Listen to something motivational or something that makes you feel good. It’s not Howard Stern, not Constant Negative News and not Fox Fair and Balance. None of that stuff. Get your mindset right. Watch some videos that will get you fired up!
1.) Role-play. Practice your scripts 15 to 20 minutes a day, so when you speak with real clients, you know what to say, how to say it and ultimately get you more business.
2.) Call every new expired, FSBO and Make Me Move. Don’t be afraid to screw up. Make every mistake. You’re brand new, who cares? You’ll learn that the mistakes that agents make when they list these properties when they’re not really clear to the seller what it takes to get it sold. Or find out if are sellers are motivated at all.
3.) Call/contact five people that you know and say “Would you like a free home valuation?” Who do you know that’s thinking about buying or selling? All the important questions.
4.) Lead follow-up. Follow up on all your leads, no leads slipping through the cracks.
Be the Knowledge Broker:
1.) Read Keeping Current Matters everyday. Be up-to-date with latest real estate analytics and trends of the market so you can speak powerfully to customers about why now is the best time to buy and sell.
2) Study the daily hot sheets. There’s nothing more important than knowing everyday what’s listed, what’s sold, what’s cancelled, what’s expired and what’s closed. What were the numbers? What were the prices? Know the market inside and out.
Last thing is two open houses every weekend. You do all of this for nine months as a brand new agent, a rebounding agent or a fading winner and you will become a rising star. What do we know will happen? You will talk to a lot of people. You’re going to have some upsets. You’re going to have some tremendous wins. You’re going to create a lot of momentum and you’re going to be that 13% that succeeds in real estate!
Tom Ferry, http://www.tomferry.com, is a real estate coach and trainer. In a recent Facebook Q&A Tom did, he noticed a lot of questions coming from new agent, veteran agents coming back into real estate and agents just in a slump. Tom decided to do a video dedicated to this topic and gives you a killer plan to succeed in Real Estate! http://bit.ly/TomFerry-VideoTraining
Tom Ferry is a real estate coach and trainer http://www.tomferry.com