Beginners Guide to Finding the Right Commercial Broker Team Beginners Guide to Finding the Right Commercial Broker Team

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Beginners Guide to Finding the Right Commercial Broker Team

Choosing the right broker

Commercial real estate is a multi-faceted business, and has several distinct income streams. There’s sales and management, and there is also leasing. The leasing process is a great way to start to build your CRE business and learn the nuts and bolts of commercial real estate.  Starting out with a 10 Unit Multi-family commercial property is not such a bad idea at first, especially since you are just getting your feet wet.  Jumping into a larger project in the beginning is not something I suggest especially if you are brand new to the game.  Due diligence is a top priority so stay the course! Finding the right broker/agent to find and list your rental property is key.

Leasing is the building block of investment properties

Learning how the lease affects the property’s financial picture, through the base rent and annual rent increases, the term of the lease, renewal options, operating costs pass-throughs, signage rights, expansion options, termination rights, parking requirements and numerous other property rights that affect the value, purchase and sale of a property.  As you can see, it's not all about the amount of rent to be collected each month, there are so many different variables to consider.  Studying how the lease affects the property's financial future is so much more important than the initial number!  Working with the right commercial broker and his team of leasing agents is essential to the success of your first endeavor.  Down the road, you will be using a property manager once you obtain larger Multi-family investment properties but to start out, it is crucial to find the right team to assist in obtaining the property and listing it for lease.  

Leasing boosts careers

Leasing provides a source of commission revenue for the “new to business broker” and a way to build lasting business through relationships with companies and tenants. Many successful brokers spend their entire career in leasing. And why not? The leasing market is in a constant state of movement—leases expire every three to five years on average, which creates opportunity in the market to work with landlords to lease space, or engaging in tenant representation.  As you can see, the broker who specializes in listing is your best friend along with his colleagues at the office or specialize in Commercial properties, you have a team of experts invested in you!  Take advantage of these opportunities!  Network your heart out and find the right team to compliment yours.

Leasing property creates need for signage and branding.

Every property for lease requires signage. Signs can help generate leads, showings at the property, and even tenant representation opportunities. On top of this, the branding afforded from leasing creates a presence in the market, which then can lead to other leasing opportunities, along with sales and management opportunities.  The savy leasing agent is aware of this, so he will market the property for you without any hassle on your end.  View your brokers's resume to find the right one who can bring a leasing agent to the table.  It is to your advantage and the broker's advantage so teamwork, makes the dream work!

Leasing creates market experts

Strong knowledge of the leasing market creates outstanding market knowledge that establishes the broker as a market expert.  When choosing your broker/agent team be sure to interview and ask all the pertinent questions.  Fact checking and past listings will confirm what you need to know to bring on the best broker to your team!  Due diligence begins with finding the right Commercial Broker to add to your already amazing team of Commercial investors.  Now, you are truly on your way to the beginning of an amazing career as a Commercial Real Estate Investor!

Follow us on Facebook and Instagram!
&
Subscribe to our YouTube Channel!
Revival Property Group
"Real Estate Solutions At Your Convenience"
#investwithrevival

Choosing the right broker

Commercial real estate is a multi-faceted business, and has several distinct income streams. There’s sales and management, and there is also leasing. The leasing process is a great way to start to build your CRE business and learn the nuts and bolts of commercial real estate.  Starting out with a 10 Unit Multi-family commercial property is not such a bad idea at first, especially since you are just getting your feet wet.  Jumping into a larger project in the beginning is not something I suggest especially if you are brand new to the game.  Due diligence is a top priority so stay the course! Finding the right broker/agent to find and list your rental property is key.

Leasing is the building block of investment properties

Learning how the lease affects the property’s financial picture, through the base rent and annual rent increases, the term of the lease, renewal options, operating costs pass-throughs, signage rights, expansion options, termination rights, parking requirements and numerous other property rights that affect the value, purchase and sale of a property.  As you can see, it's not all about the amount of rent to be collected each month, there are so many different variables to consider.  Studying how the lease affects the property's financial future is so much more important than the initial number!  Working with the right commercial broker and his team of leasing agents is essential to the success of your first endeavor.  Down the road, you will be using a property manager once you obtain larger Multi-family investment properties but to start out, it is crucial to find the right team to assist in obtaining the property and listing it for lease.  

Leasing boosts careers

Leasing provides a source of commission revenue for the “new to business broker” and a way to build lasting business through relationships with companies and tenants. Many successful brokers spend their entire career in leasing. And why not? The leasing market is in a constant state of movement—leases expire every three to five years on average, which creates opportunity in the market to work with landlords to lease space, or engaging in tenant representation.  As you can see, the broker who specializes in listing is your best friend along with his colleagues at the office or specialize in Commercial properties, you have a team of experts invested in you!  Take advantage of these opportunities!  Network your heart out and find the right team to compliment yours.

Leasing property creates need for signage and branding.

Every property for lease requires signage. Signs can help generate leads, showings at the property, and even tenant representation opportunities. On top of this, the branding afforded from leasing creates a presence in the market, which then can lead to other leasing opportunities, along with sales and management opportunities.  The savy leasing agent is aware of this, so he will market the property for you without any hassle on your end.  View your brokers's resume to find the right one who can bring a leasing agent to the table.  It is to your advantage and the broker's advantage so teamwork, makes the dream work!

Leasing creates market experts

Strong knowledge of the leasing market creates outstanding market knowledge that establishes the broker as a market expert.  When choosing your broker/agent team be sure to interview and ask all the pertinent questions.  Fact checking and past listings will confirm what you need to know to bring on the best broker to your team!  Due diligence begins with finding the right Commercial Broker to add to your already amazing team of Commercial investors.  Now, you are truly on your way to the beginning of an amazing career as a Commercial Real Estate Investor!

Follow us on Facebook and Instagram!
&
Subscribe to our YouTube Channel!
Revival Property Group
"Real Estate Solutions At Your Convenience"
#investwithrevival

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