Category: Commercial Property Advisor
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Tailoring Your Approach to Different Investor Types in CRE
Catering to Kings and Queens In the realm of CRE, investors are the royalty – they hold the keys to deals and, ultimately, your success. But just like any royal court, not all investors are created equal. Understanding their unique needs, motivations, and risk tolerance is key to becoming their trusted advisor and closing those…
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How Top CRE Brokers Handle Tough Client Queries
Objections Begone! As a CRE broker, you’re a master of navigating deals, understanding markets, and weaving magic with square footage. But even the most skilled brokers face a common foe: client objections. Fear not, objection warriors! We’re here to equip you with the knowledge and tactics to turn those “no’s” into “let’s do this!” First,…
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The 7 Habits of Highly Effective Brokers
Keys to Unlocking Real Estate Success The world of real estate brokerage is a dynamic and competitive one. Brokers juggle demanding schedules, complex negotiations, and ever-changing market trends. So, what separates the top performers from the rest? What habits do successful brokers consistently cultivate to achieve lasting success? In this blog post, we’ll delve into…
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Know Your Key Performance Indicators (KPIs)
Measuring Success Identifying the top KPIs for top-performing brokers can be insightful for measuring your own progress and aiming for success. Here are some key metrics to consider: Transaction-based KPIs: Revenue and Income KPIs: Lead Generation and Marketing KPIs: Client Satisfaction and Referral KPIs: Additional Considerations: Remember, these are just general metrics, and the most…
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New Broker Support – CRE
Your Journey Begins Here New real estate agents have a lot to learn, and navigating the world of property transactions can be overwhelming. Thankfully, many of their questions share common themes. Here are some of the most frequently asked questions by new real estate agents: Career Path and Logistics: Market and Business: Specific Transactions and…
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Real Estate Presentations
Making a Good First Impression The presentations CRE brokers make can vary depending on their specific focus within the commercial real estate (CRE) field, the target audience, and the current market conditions. However, some common presentations delivered by CRE brokers include: 1. Property Pitch: This is perhaps the most common presentation for brokers representing specific…
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Cold Calling 101+
Prospecting vs. Cold Calling: A Real Estate Agent’s Guide to the Right Ring For real estate brokers, building a pipeline of clients is the lifeblood of the business. And within that quest, two terms often get bandied about: prospecting and cold calling. While both involve reaching out to potential clients, the differences in approach and…
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CRE Cold Calling 101
Conquering the Cold Call: A Commercial Real Estate Broker’s Guide to Success Cold calling. The mere mention of it sends shivers down the spines of many a salesperson, especially in the fast-paced, relationship-driven world of commercial real estate. But for those who dare to dial, the rewards can be substantial. In this blog post, we’ll…
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2024 Jan CRE News
Commercial Real Estate News Roundup (Jan 8th – Jan 13th, 2024): Market Trends: Deals & Acquisitions: Other Noteworthy News: Overall, the commercial real estate market presented a mixed picture last week. While some sectors like office and retail faced headwinds, others like industrial and life sciences remained buoyant. Major deals and financing activity continued, suggesting…
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Tapping into CCIM Wisdom
Questions for a Seasoned Pro Bonus Prompt: Imagine you’re facing a particularly challenging scenario (e.g., a stalled negotiation, a difficult client, an unforeseen market shift). How would you apply your CCIM knowledge and experience to tackle this challenge and emerge victorious? Remember, approach your conversation with genuine curiosity and appreciation for the CCIM’s experience. By…