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#Ft. Lauderdale Commercial Real Estate Brokerage
alexrodes · 4 months
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Ft. Lauderdale Commercial Real Estate Brokerage
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Maximize your investment potential with NAI Miami Fort Lauderdale's Ft. Lauderdale Commercial Real Estate Brokerage services. Our experienced team offers unparalleled market insights and strategic guidance to navigate the complexities of buying, selling, and leasing commercial properties. Trust NAI Miami Fort Lauderdale to deliver customized solutions that drive success and optimize your commercial real estate ventures in Ft. Lauderdale.
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mateocosta-123 · 2 months
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Leasing broker: What you need to know
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Terms or acronyms utilized by leasing brokers in commercial real estate can be overwhelming for those who are relatively new to the sector. Knowing the key terms and phrases used in commercial leasing is vital for anyone who wishes to lease or invest in commercial real estate.
Landlords, brokers, and tenants use sector-specific language to describe different aspects of leasing., including the financial and physical aspects of the property, legal and contractual considerations, and the roles of practices in commercial leasing.
In this blog, we will take a look at everything you need to know about Ft. Lauderdale Leasing Brokerage.
What is a leasing broker? A leasing broker is basically an expert who works as an intermediary between leasing companies and customers. They are professionals in the leasing sector and may offer advice and guidance to consumers who are looking to lease a vehicle. Brokers have access to a wide range of leasing organizations and may assist customers in getting the best deal for their needs and budget.
Common lease types Now that you are aware of leasing with Fort Lauderdale Litigation Support, let us take a look at some of the common kinds of leasing:
Gross Lease: A lease where the landlord pays for every expenses concerning to the property, such as property taxes, insurance, and maintenance expenses.
Modified Gross Lease: A lease where the tenant pays for some expenses, such as utilities and janitorial services, while the landlord pays for others, like the property taxes and insurance.
Net Lease: A lease where the tenant pays for some or every of the expenses concerning the property, such as property taxes, insurance, and maintenance costs.
Triple Net Lease: A lease where the tenant pays for all expenses related to the property, including property taxes, insurance, and maintenance costs.
Why should you use a leasing broker?
It is pretty much established that if one finds themself in a sticky situation, it is always wise to seek assistance from the experts of Miami Litigation Support. That being said, here are some of the reasons why one should consider a leasing broker:
● An expert will analyze the recent comparable leases and sales in competitive buildings to establish where the building is positioned relative to the surrounding submarket. They will also account for future deliveries planned for that area, consider probable zoning charges, and evaluate how these charges can affect the property in the future.
● A professional will assist you in positioning the property to make it as appealing as possible to prospective tenants. It is always vital to have amenities and features that add value to the probable tenants and, therefore, make the building more desirable.
● An expert will formulate a tactical marketing plan depending on the market position of the building and define how it is competitive.
Wrapping Up
So, there you have it. Since you have read this far, you now know everything about leasing brokers and how they can help you.
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Industrial Real Estate, A Profession - How Do You Get Into It?
Several several years back, I was attending a Society of Industrial Realtors Yearly Spring Conference in Maui. My spouse had accompanied me on the vacation so that we could also do a whole lot of sightseeing. Colliers Global, a 241 business office globally company, sponsored its personal firm cocktail get together the night time before the Meeting officially began and my spouse and I attended the celebration. A limited even though into introductions, a fellow came in from the golf training course and he sat down at our desk. Andrew Friedlander released himself an we reviewed our residence in Philadelphia, his first property in Brooklyn and his new residence in Honolulu. As to how he ended up in Hawaii,Fort Worth Commercial Real Estate  Andrew advised us that on R&R during his excursions in the Army in Vietnam, he decided to get a break in Hawaii after he was concluded his last duty tour. He rented an condominium, waited tables, washed automobiles, and so on. to have some extra income. He mentioned that he compensated his apartment hire to an more mature man who came all around after a thirty day period and he last but not least requested the man whether or not that was his company. Andrew explained that he never ever considered about home management as a enterprise, but the more he spoke to the guy the far more that he recognized how assorted a organization business real estate could be, specifically in Hawaii. The rental agent began to show Andrew the basics of the company and Andrew determined not to return to Brooklyn. Forty many years afterwards, Andrew is the supervisor of about 6 Colliers Intercontinental offices in Hawaii with in excess of forty brokers and salespeople as his obligation. Aside from selling and leasing industrial genuine estate and classic brokerage transactions through the islands, Andrew's staff is included in all of the other facets of business and industrial actual estate. As one particular concierge individual instructed my wife and I although we ended up touring there, "Of course, it is a excellent spot, now in which would you ever believe of transferring to when you are below." In the earlier yr, a youthful Army Captain and pal named me from Hawaii. He and his wife have been having in some R&R right after his previous duty tour and he named to inquire me for some guidance on industrial true estate firms. I gave him Andrews mobile phone amount after I checked with Andrew on his availability. Andrew dealt with my friend to lunch and launched him to Colliers' business in the islands. As it turned out, my pal and his wife made the decision later to relocate to Florida to be closer to their mothers and fathers. Our Colliers office in Ft. Lauderdale was anxious to interview him and did so. He discovered a greater fit for a concentration in place of work brokerage with yet another company, but I consider that it is distinct that possibilities do exist with major corporations for somebody who has an curiosity, who can show that they are self determined and whose comportment (manners, speech, individual grooming, business attire) are all optimistic. A extended time buddy informed me a single evening soon after we and our wives checked in, extremely late, at a resort owned by a properly identified resort team, "That desk clerk is the particular person representing this hotel business to its buyers and I know the CEO. That clerk's slight rudeness towards us does not at all depict what their CEO desires his company to be identified for in their business. He will need to learn that if he is going to be a lot more than the late night clerk." I point out this simply because a organization such as Colliers or any of its rivals must ensure that a salesperson or broker 1st assembly a prospective buyer correctly signifies the company's image. So considerably income is invested defining that picture to the business local community that each person, such as all staff, should replicate that hard work. In any other case, a likely client will pick to employ the service of a competitor whose act is with each other. My knowing is that buyer relation training at Wal-Mart is fairly powerful for all staff. I would believe that any key restaurant chain has in location a extensive system for workers instruction and it might spend to notice whether or not if the customer is not always appropriate at an establishment how the workers man or woman handles a buyer who is being a bit certain. two. Entry I use Andrew's tale as an example of the prospect that professional true estate offers. A senior enterprise mentor and very good buddy of mine advised me in Florida in 1971, just at the starting of that economic downturn, that commercial genuine estate offered an opportunity to enter a company without having getting my very own money to invest other than my time and power, and, with no limit on the size of transactions that could be place collectively. We discussed this in relation to my likely back again to legislation faculty. His view was that it was practically a "sky is the restrict" strategy, but with some basic perception to it. I had carried out a number of fiscal reports on possible discounts supplied to him. I also handed more than that 12 months, at my mentor's instruction, a $300k commission verify to a broker who he had utilized to buy a home that he had settled on the calendar year prior to that. The following calendar year, at the same time, I handed in excess of the same check out to that broker as the next half of that commission to that broker. You should understand that in 1972 that commission amount in the onset of that economic downturn was a considerable amount of money for any transaction. Every single condition has its own restrictions for licensure. Florida needed a man or woman to just take a product sales licensing course, move that, then work in a licensed true estate broker's place of work for a least of two many years before being suitable to take a point out broker's exam. The product sales course is presented by many private corporations and faculties, evening courses in distinct. The value of the training course is minimum. The standard abilities for studying, composing and math portions are not hard. Dependent upon your educational qualifications, commercial actual estate companies might typically supply to give the training course. More compact, much more generalized, brokerage companies might also do the very same in order to acquire a salesperson. There generally is a recognized "culture" or company status acknowledged for a true estate firm in any neighborhood, The neighborhood can be nearby, regional or nationwide. It pays to do your research as to which company appears to go well with your style. The internet is certainly 1 of the most productive resources for finding a firm's background, its places of skills, personnel, and its successes. Identify that key metropolitan commercial firms typically outsource consumer demands in an outlying spot to a more compact professional organization in that spot instead than demanding a single of their main place of work brokers to commit to vacation time. Consequently, if you are in a rural marketplace outside or in between major metropolitan marketplaces, you must look into which real estate companies have people relationships for the bigger offers. Your time for success beginning in professional real estate (specifically with out capital) will be the outcome of what you place into it. I had the choice in the early '70's of returning to law university and ending. What I understood most was that I liked currently being out of an workplace and "on the street." My attorney buddies in Ft. Lauderdale have been paying innumerable several hours, as essential, in their places of work to publish briefs, draft files, etc., all of which that profession demands. My selection was to place in the exact same hrs on professional true estate that I would have to place in for any regulation practice. If it worked, then wonderful, if not I would go back to school. Business Name: Fort Worth Commercial Real Estate King, eXp Realt Phone Number: +17608089588
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sedonahomesforsale · 2 years
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Commercial Real Estate, A Career - How Do You Get Into It?
1. What is it and how can you get in to it?
I attended the Society of Industrial Realtors Annual spring conference in Maui several years ago. To make sure we did a lot of sightseeing, my wife had joined me. My wife and I attended the cocktail party sponsored by Colliers International, an international 241 office firm.
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After a few minutes of introductions, a man came from the golf course to sit down at our table. Andrew Friedlander introduced himself and we talked about his home in Philadelphia, Brooklyn, and his new home here in Honolulu. Andrew explained that he came to Hawaii on R&R from his Army tours in Vietnam. He was about to finish his last duty tour. He rented an apartment and waited tables. He washed cars. To have extra money. He explained that he had paid his rent to an older gentleman who visited his apartment once a month. The man finally asked him if that was his business. Andrew stated that he had never considered property management as a business. However, the more Andrew spoke with the man, the more he realized the diversity of commercial real estate, especially in Hawaii. Andrew was shown the basics by the rental agent and he decided to not return to Brooklyn.
Andrew, forty years later is the manager of six Colliers International Hawaii offices with more than 40 salespeople and brokers. Andrew's team handles all aspects of industrial and commercial real estate, including traditional brokerage transactions and selling and leasing commercial real property through the islands.
While we were there, a concierge told us that it was a wonderful place. Now, where would you think about moving to?
A friend and young Army captain called me from Hawaii over the past year. After his last duty tour, he and his wife were enjoying some R&R and called me to get my advice about commercial real estate companies. After checking with Andrew about his availability, I gave Andrew my number. Andrew took my friend out to lunch and introduced him the Colliers business in the islands. My friend and his wife later decided to move to Florida to be near their parents. He was eager to be interviewed by Colliers in Ft. Lauderdale. Although he found a better match for a concentration of office brokerage with another company, I believe it is clear that there are opportunities with major firms for someone with an interest in the field, who can show that they are self-motivated and have positive manners (manners, speech patterns, business attire, etc.). One night, a long-time friend of mine told me that the desk clerk was the representative for the hotel company to its customers. He also knew the CEO. The clerk's rudeness towards us is not indicative of what the CEO wants for their company. If he wants to be more than a late-night clerk, he will have to learn this lesson.
This is because Colliers, or any other competitor, must ensure that every salesperson or broker who meets a potential client represents the company's image. It is a huge investment to create that image for the business community. Every person must be able to reflect that effort, even all staff. A potential customer may choose to hire someone who is more professional than them. Wal-Mart's customer relations training is very strong. It would seem that every major restaurant chain has a comprehensive program for staff training. It might be worth observing how staff handle customers who are being unreasonable.
2. Entry
Andrew's story is an example of what commercial real estate can offer. In 1971, a senior business mentor and friend of mine said to me that commercial realty offered an opportunity to start a business, without the need for capital. There was no limit to the number of transactions that could possibly be made. This was discussed in relation to me returning to law school. He thought it was almost an "sky is limit" approach but it had some sense. I had prepared a few financial reports about potential deals that were offered to me. At my mentor's direction, I also gave that year's $300k commission check, to a broker he had used to purchase a property he had settled on the previous year. The second half of the commission was also handed to the broker by me the next year. Remember that the 1972 commission amount at the beginning of that recession was significant money for any transaction.
Each state has its own licensing regulations. Florida requires that a person take a sales licensing class, pass it, and then work for at least two years in a licensed real-estate broker's office before they can take the state broker's exam. Many colleges and private companies offer sales courses, with evening classes being the most popular. The course costs are minimal. It is easy to learn the basics of reading, writing, and math. Commercial real estate firms might offer the course depending on your education qualifications. For salespeople, smaller, more generalized brokerage firms might also offer the course.
A recognized culture or business reputation is usually established for any real estate company in any community. This can be either local, regional, or national. It is important to research which company suits your needs. You can find out a company's history, areas of expertise, staff, and successes via the internet. Recognize that large metropolitan commercial firms will often outsource client requirements in outlying areas to smaller commercial firms in the area, rather than asking one of their main offices to travel. If you live in a rural area between major metropolitan areas, it is important to find out which real estate companies have these relationships.
You will only be able to succeed in commercial realty, especially if you don't have capital. In the early 1970's, I had the option of finishing law school again. The thing I discovered was that I enjoyed being "outside" of an office, and I also liked being "on the streets." Ft. Lauderdale was home to many of my attorney friends. They spent hours in their offices writing briefs and drafting documents, which is what the profession demands. My decision was to work as hard on commercial real estate as I would for any other law practice. It worked if it was successful, but if not, I would return to school.
Given that Florida's early 1970's recession caused almost equal economic damage to all occupations, many lawyers had low billing practices and clients whose business was in trouble. Many real estate brokers I met were facing difficult times due to the fact that banks weren't lending money for deals. Florida had a 14% usury limit at the time. The deposits were low and California's interest rates rose to 14%. That is where the money went.
Weekdays were spent knocking on doors of businesses along the West Palm to Miami corridor. Weekends were spent painting houses or sailing a motorboat owned by a friend. On weekday evenings, after dinner, I would be at the office reviewing information about property, ownerships, tax data and other pertinent details. I was available to drive or make phone calls the next day. It was possible to make a living in the commercial realty field. After I returned to Philadelphia, I discovered that many commercial real estate companies were open to hiring salespeople as waiters, bartenders, or other temporary jobs until they have enough experience to close deals. This has been influenced by the greater financial strength of larger firms, which can either offer a salary base or allow for new salespeople.
Today, gender isn't as important in commercial real estate today as it was in 1970. In those days, women could not compete with men in selling venues. There are now many women who have joined real estate companies such as SIOR and CCIM. The number of women who have joined commercial real estate organizations like SIOR, CCIM, etc. has increased significantly over the last 15 years (which I will talk about later). Commercial real estate courses today offer a great way to acquire knowledge once taught "in-house" by senior brokers responsible for the progress of new salespeople.
The importance of having minimum capital in commercial real estate has not changed. Gender isn't an issue. Many women have succeeded in office or industrial real estate. You can find out more at www.youtube.com You can choose your work hours, your specialty(s), your market(s), and who you would like to approach to join your firm. Commercial real estate is a standard business week that does not include Sunday or late Saturday hours. These are just a few of the many positive aspects of commercial real estate. Your competition is fierce, your competitors are proud of your work ethic, and most importantly, their reputations for each individual.
Both larger brokerage firms and smaller commercial companies should be investigated. Both have their advantages and disadvantages.
A). A base salary may be offered by larger firms. Although they may prefer to have prior business experience, this does not necessarily mean that they will be willing to offer a draw against commissions. A new salesperson would typically be assigned to a senior or multiple brokers to handle cold calling, marketing materials, and reports on any client's property. They also might have to deal with property inspections by their prospects by other brokers.
Here are some points about larger firms:
The future ownership potential of the company could be limited or nonexistent.
You may not have control over the market, territory, or discipline in which you work. You may be sedona houses for sale hired to work in retail. However, this could change if the department needs personnel support. If they have multiple offices, you may find they prefer to rotate through the different departments and possibly each regional office.
It depends on whether the company is privately owned or public. You may be able to sell or merge the company without your involvement. No position in a larger company has a "safety net". It is possible to make quick cuts if a client loses its primary, significant client to a competitor.
Senior brokers who have been successful sometimes leave the firm to open a new firm. If you work in the same department as the rainmakers, clients will follow them. This could impact your income potential.
The volume of deals can be as important as the deal size. A bank, insurance company, pension fund or other institutional owner may be interested in a deal. If an institutional owner (bank, insurance company, pension fund, etc.) has a presence on a urban market they might be able to award a sale or leasing assignment to a larger firm. This can make the assignment a "year-maker" if it is completed. Most often, the year-end bonus money goes to salespeople who participated in the marketing effort.
Senior brokers need to have high-level corporate contacts. This could be through a country club, business association, educational institutions, commercial lenders or people referred from cities with corporate headquarters. You might consider looking at other firms whose top managers are more involved if the firm owners and top brokers don't have the contacts or relationships to develop them. Instead of being left with crumbs from other firms that have a strong community (business and not-business), you want the work to flow down from the top.
B). A broker/owner will usually manage the operations of smaller firms, with or without brokers partners. They will often have a residential and separate commercial divisions in which some brokers might work in commercial and residential properties.
Here are some points to consider when looking at smaller firms:
Future ownership shares could be offered, depending on deal volume and commitment to firm. The opportunity might be more attractive for those who are near retirement, such as the founder broker.
Commission percentages can be more generous if a certain amount of deals are made to cover the cost for your desk, phone, and secretarial services.
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Business oriented Real Estate, A Career - How Do You Get Into It?
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1 . WHAT IS IT AND HOW DO YOU GET INTO IT? Several years ago, I was marriage ceremony a Society of Industrial Realtors Annual Spring Office meeting in Maui. My wife had accompanied me on the getaway so that we could also do a lot of sightseeing. Colliers Foreign, a 241 office worldwide firm, sponsored its own enterprise cocktail party the night before the Conference officially began in addition to my wife and I attended the party. A short while into introductions, a fabulous fellow came in from the golf course and he kommet down at our table. Andrew Friedlander introduced by his own an we discussed our home in Philadelphia, his particular original home in Brooklyn and his new place in Honolulu. As to how he ended up in The hawaiian islands, Andrew told us that on R&R during his / her tours in the Army in Vietnam, he decided to make a break in Hawaii after he was finished his or her last duty tour. He rented an apartment, waited rooms, washed cars, etc . to have some extra cash. He believed that he paid his apartment rent to an older fella who came around once a month and he finally quizzed the man whether that was his business. Andrew said that she never thought about property management as a business, but the additional he spoke to the man the more that he realized ways diverse a business commercial real estate could be, particularly in Hawaiian. The rental agent began to show Andrew the basics belonging to the business and Andrew decided not to return to Brooklyn. Visit here : whistler grand Forty decades later, Andrew is the manager of approximately six Colliers World-wide offices in Hawaii with over 40 brokers along with salespeople as his responsibility. Aside from selling and leasing commercial real estate and traditional brokerage transactions through the of the islands, Andrew's team is involved in all of the other aspects of advertisement and industrial real estate. As one concierge person told my wife and I while we were touring there, "Yes, it is a amazing place, now where would you ever think of moving towards once you are here. " In the past year, a young Army Chief and friend called me from Hawaii. He and even his wife were taking in some R&R after the last duty tour and he called to consult me for some advice on commercial real estate firms. I gifted him Andrews phone number after I checked with Andrew in his availability. Andrew treated my friend to lunch not to mention introduced him to Colliers' business in the islands. Because turned out, my friend and his wife decided later in order to relocate to Florida to be closer to their parents. The Colliers office in Ft. Lauderdale was anxious to make sure you interview him and did so. He found an improved fit for a concentration in office brokerage with a second firm, but I think that it is clear that opportunities achieve exist with major firms for someone who has an interest, this type of demonstrate that they are self motivated and whose comportment (manners, speech, personal grooming, business attire) are all positive. Ages friend told me one night after we and the wives checked in, very late, at a hotel had by a well known hotel group, "That desk clerk will be person representing this hotel company to its buyers and I know the CEO. That clerk's slight disrespect toward us does not at all represent what their CHIEF EXECUTIVE OFFICER wants his company to be known for in their business enterprise. He will need to learn that if he is going to be more than the late night clerk. " I mention this because a company for instance Colliers or any of its competitors must ensure that a proctor or broker first meeting a potential customer properly presents the company's image. So much money is spent defining which usually image to the business community that each person, including most of staff, must reflect that effort. Otherwise, a potential customer will choose to hire a competitor whose act will be together. My understanding is that customer relation instruction at Wal-Mart is quite strong for all personnel. I would think any major restaurant chain has in place a thorough plan for staff training and it may pay to observe if if the customer is not always right at an place how the staff person handles a customer who is being a piece particular. 2 . Entry I use Andrew's story as an example from the opportunity that commercial real estate offers. A senior enterprise mentor and good friend of mine told me in South carolina in 1971, just at the beginning of that recession, that professional real estate offered an opportunity to enter a business without having my own cash to invest other than my time and energy, and, with no limit about the size of transactions that could be put together. We discussed the in relation to my going back to law school. His judgment was that it was almost a "sky is the limit" approach, but with some basic sense to it. I did done a few financial reports on potential deals wanted to him. I also handed over that year, at my mentor's instruction, a $300k commission check to a broker what person he had employed to buy a property that he had settled within the year prior to that. The next year, at the same time, I paid the same check to that broker as the second half of which will commission to that broker. Please realize that in 1972 the fact that commission amount in the onset of that recession was a large amount of money for any transaction. Each state has its own limitations for licensure. Florida required a person to take a revenues licensing course, pass that, then work in a gain real estate broker's office for a minimum of two years before staying eligible to take a state broker's exam. The sales tutorial is offered by numerous private firms and colleges, nighttime courses in particular. The cost of the course is minimal. The fundamental skills for reading, writing and math portions usually are not difficult. Depending upon your educational qualifications, commercial real estate corporations may often offer to provide the course. Smaller, further generalized, brokerage firms may also do the same in order to develop a salesperson. There typically is a recognized "culture" as well as business reputation known for a real estate firm in any group, The community can be local, regional or national. It sends to do your homework as to which firm appears to satisfy your style. The internet is definitely one of the most productive sources for seeking out for a firm's history, its areas of expertise, personnel, and its success. Recognize that major metropolitan commercial firms often outsource purchaser needs in an outlying area to a smaller commercial organisation in that area rather than requiring one of their main home office brokers to commit to travel time. Consequently, if you are from a rural market outside or between major metropolitan trading markets, you should investigate which real estate firms have those interactions for the larger deals. Your time for success starting during commercial real estate (particularly without capital) will be the result of everything you put into it. I had the option in the early '70's regarding returning to law school and finishing. What I recognized most was that I liked being out of an clinic and "on the street. " My attorney friends throughout Ft. Lauderdale were spending innumerable hours, as expected, in their offices to write briefs, draft documents, etc ., that that profession requires. My decision was to put in an identical hours on commercial real estate that I would have to put in for just a law practice. If it worked, then fine, or I would go back to school. Considering that the early '70's recession through Florida hit every occupation with almost equal deterioration, many attorneys had practices with slim billings and also clients whose businesses were suffering economically. Several real estate agents who I met were having very difficult times because banks were not lending money for deals. Florida received a usury cap of 14% at that time. Deposits happen to be down and when interest rates in California started to go above 14% that is where the money went. Weekdays in those numerous years, I was knocking on the doors of businesses from the West Palm to Miami corridor. Weekends, I was basically often painting a house or captaining a motor sailer owned by a friend's corporation. Weekday evenings after supper, I was at the office reviewing property information, ownerships, place a burden on data, etc . for the next day's driving or calls. I found that it was possible to earn a living while getting towards the commercial real estate field. I later found out after shifting back to Philadelphia, that several of the commercial real estate vendors did not mind their starting salespeople to moonlight simply because bartenders, waiters, or whatever until they had enough expertise to close transactions. That has changed somewhat in the higher cities due to the financial strength of the larger firms plus their ability to either offer a base salary or obtain to new salespersons. Gender in today's commercial real estate universe is not an issue as it was in the '70's. At that time, individuals only eating clubs were often the norm and adult females were not often able to match that type of selling place. The number of women who have joined commercial real estate organizations which includes SIOR, CCIM, etc . (which I will discuss later) seems to have increased dramatically over the past 15 years. The commercial properties courses offered today provide an excellent means of obtaining understanding that once was taught generally "in house" by mature brokerage personnel responsible for a new salesperson's progress. Therefore , on considering commercial real estate the aspect of having minimal growth capital has not changed. Gender is not an issue and many women who may have chosen to specialize in industrial or office real estate did very well. You can choose your hours, choose your neighborhood of specialty(s), choose your market area(s), and decide who you want to approach as a firm to join. Most business oriented real estate involes the standard business week, not including late Saturday or Sunday hours (vs. residential Sunday open houses). These are several of the positive aspects of working in commercial realty. The competition is keen, your competitors respect a good work hard work and, most importantly, they respect a strong reputation for any man or women. You should investigate both larger commercial firms and little real estate brokerage firms. There are advantages and disadvantages to both. A). Larger firms may be willing to offer a base salary or even a draw against commissions. They may prefer prior business feel, but not necessarily prior real estate brokerage experience that may clash with what their "culture" is and what their in-house training entails. Typically, a new salesperson would be assigned towards a senior broker or brokers to do cold calling, selling materials, marketing reports for any existing client's property as well as probably handle property inspections by other competing providers with their prospects. A few points on Larger Firms: Foreseeable future ownership potential for you in the company may be limited or possibly nonexistent. Control over what market, territory or style that you work in may not be your choice. If you are hired first department, such as retail, that may change if they need staff members support in another department, such as office. You may find construct y prefer a new person to rotate through each agency and possible each regional office if they have a number of offices. Depending upon whether the firm is privately held or perhaps public company it could be sold or merged without you will being involved in the discussion. There is no real "safety blanket" for just about any position in a larger firm. If a primary, large, patron is lost to a competitor, cuts may be relatively swift to absorb the lack of revenues. Senior brokers who are successful once in a while leave to join another firm or to start their own competitions firm. Clients usually follow those brokers and that could quite possibly disrupt your potential income if you are in that department and then the rain makers leave. Deal volume can be significant while can be the size of the deals. If an institutional operator (bank, insurance company, pension fund, etc . ) has a appearance in an urban market, the leasing or sale assignment that they may award to a larger firm can be a "year maker" if the assignment is completed. Usually some time end bonus money flows down to the salespersons and also require participated in the marketing effort. Senior brokers should have high level corporate contacts through either a business association, place club, educational institutions, commercial lenders, or contacts called from other cities where a corporate headquarters may be placed. If the firm owners or top brokers are not building those contacts and relationships, but are relying on typically the mid-level brokers to do that you may want to look at another firm in whose top management is better involved. You want work to filtration down from the top instead of getting the crumbs leftover as a result of competing firms who have a solid community (business and nonbusiness ) presence. B). Smaller firms usually will have an important broker/owner running the operations with or without dealer partners in the firm. Quite often they will have a residential team and a separate commercial department in which a few of the brokers will probably work in residential and commercial properties. A few details about Smaller Firms: Future ownership shares may be proposed depending upon deal volume and commitment to the firm. Should the founding broker of the firm is nearing retirement age, the way may be better provided that they are maintaining an fully busy presence in the community. Commission percentages may be much more liberal after a minimum threshold of deal volume is met to the cost of your desk, phone, secretarial, etc .. A salary and / or draw is less likely to be offered. A senior agent may be more likely to have you work directly under him regarding any property. You will be accountable directly to him and, because should be the case, learn "on the job. " If there is the residential component to the firm, those brokers specializing in who area should be a source of commercial referrals and the very same for you referring any possible single family residential with them. Smaller multi-family buildings should be on the commercial side of your business, but motels may be on either side. This would vary in an area such as Ft. Lauderdale, Hilton Travel, or New Jersey resorts where a residential owner with a union to the firm may also own retail rentals. Most local areas have a Realtors Association, Chamber of Commerce or perhaps other organization that offers discounted insurance and other benefits for you to its members. Whereas a larger firm may have a good collaborative health plan and other bulk discounted benefits to the employees, you should look at the costs for each that are offered. I have not discovered that much of a saving on either side, but any time you leave a larger firm you will need to find the alternatives that are low-priced. Your business exposure may actually be more effective working out of a smaller sized firm and being a primary contact for that firm as an alternative for a secondary contact at a larger firm. Property databases as well as Internet have provided smaller firms with much better admittance to real estate information than in the mid-'90's and before once only larger firms could afford to maintain proprietary place information for a larger market. Launching a significant marketing campaign for just a property can be expensive even with the Internet and smaller providers will have a lack of cash resources to compete for big property listings. Deal size, therefore , will be smaller and you may have to strive for volume,
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1765liberty · 8 years
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Trump has denied any link to Russia despite ALL US intelligence agenicies citing Russia’s influence in the election AND despite a recent report Russia may be holding incriminating information on Trump and using it as leverage to gain influence with Trump.  
I’ve found just a few links between Trump and Russia despite what PEOTUS says:
1) Trump’s former campaign manager, Paul Manafort, was a longtime consultant to Viktor  Yanukovich, the Russian-backed president of Ukraine who was overthrown in  2014.  Manafort also has done multimillion-dollar business deals with Russian oligarchs.  Manafort was the central figure in a NY Times deeply reported story that broke showing that secret ledgers in Ukraine contained references  to $12.7 million in payments earmarked for him.  The report said that the party of  former Ukraine president and pro-Russia ally, Viktor Yanukovych, set aside  the payments for Manafort as part of an illegal and previously undisclosed  system of payments.    
2) Trump’s foreign policy advisor Carter Page has his own business ties to the state-controlled Russian oil giant Gazprom.  
3) Trump nominee retired Army Lt. Gen. Michael Flynn, flew to Moscow last year to attend a gala banquet celebrating Russia Today, the Kremlin’s propaganda channel, and was seated at the head table near Putin.    
4) Tevfik Arif & Felix Sater (Bayrock) -- Arif worked for the government for 17 years in the Soviet Ministry of Trade and Commerce.  Sater’s father Mikhail is alleged to be a Russian mobster and was indicted for those activities in the United States in 1990. Sater is facing an indictment for tax fraud that Trump's children are listed as material witnesses in (money laundering).  Arif and Sater were business partners in Bayrock a business run out of Trump Tower and with the endorsement and participation of Trump.  Bayrock, proposed that Mr. Trump license his name to hotel projects in Florida, Arizona and New York, including Trump SoHo.  The other development partner for Trump SoHo was the Sapir Organization, whose founder, Tamir Sapir, was from the former Soviet republic of Georgia.  A Bayrock official brokered a  $50 million investment in Trump SoHo and three other Bayrock projects by an  Icelandic firm preferred by wealthy Russians ‘in favor with’ President  Vladimir V. Putin, the NY Times  reported (The Icelandic company, FL Group, was identified in a Bayrock investor presentation as a ‘strategic partner,’ along with Alexander Mashkevich, a billionaire once charged in a corruption case involving fees paid by a Belgian company seeking business in Kazakhstan).  In a 2009 civil complaint Jody  Kriss, who served for five years as the finance director at Bayrock, alleged that the firm was a “racketeer-influenced and corrupt organization,” and that Arif and Sater “operated through a pattern of criminal activity.” In addition to  charging them with embezzlement and various forms of fraud, Kriss alleged they had engaged in “extortion by means of threats of torture and  death.” The complaint also claims that Bayrock steered a $1.5 million placement fee in 2007 to Sater’s convicted partner Lauria for a financing deal involving Bayrock’s projects with Trump in Soho, Fort Lauderdale, and Phoenix.  Tevfik Arif was later arrested and charged with running a prostitution ring of East European models involving Russian oligarchs.  
5) Felix Sater (also mentioned above).  Sater has gone to prison for plunging the stem of a wine glass into a commodity broker’s face in a bar fight. He also narrowly averted jail a second time, when he was named an “ unindicted co-conspirator” in a massive fraud case in 2000. Sater cooperated in this probe of a $40 million stock swindle, which resulted in 19 guilty pleas and the conviction of six mobsters— including the nephew of Carmine  “the Snake” Persico and the brother-in-law of Sammy “the Bull” Gravano. The wise guys were part of  a “pump and dump” stock scam at the Wall Street firm, White Rock Partners, that Sater ran with Sal Lauria.  “What kind of interaction did you have with Mr. Sater,” Trump was asked in the O’Brien deposition back in 2007.  “Not that much,” he replied.  “I dealt mostly with Tevfik.”    Also present were Vladimir  Kozhin, a top government official and member of Putin's inner circle (who the  following year would be hit with US sanctions in response to Russia's  invasion of Ukraine) and Aras Agalarov, a Russian billionaire oligarch close to Putin with whom Trump wanted to develop a high-rise in Moscow. (Agalarov played a role in drawing the beauty contest to Moscow; it was held in a  concert hall owned by his family business empire, and his son, performed at the pageant.)  
6) While CEO of Exxon/Mobil, Rex Tillerson (appointee for Sec of State) was awarded the Russian Medal of Friendship by Putin following his negotiation of a $500M oil drilling deal in the Arctic (Russia was later sanctioned by the US and the deal was put on hold).
7) In December, Russian Deputy Foreign Minister Ryabkov admitted that there were conversations with Trump's team during the election cycle.
8) Prior to the election a ranking Russian official lodge a complaint on behalf of Trump regarding disparaging comments made about Trump by Russia's UN ambassdor.
9) Sergei Millian - Sergei Millian (born Sergei Kukut) once served as a broker for Russian buyers seeking out Trump properties.  Millian was head of the Russian  American Chamber of Commerce, an organization that  bailed Trump out after his last bankruptcy when no bank would loan him money.  “We have signed formal agreements with… The Trump Organization… to jointly service the Russian clients’ commercial, residential and industrial real estate needs,” read the April 2009 newsletter for the Russian-American  Chamber of Commerce, where Millian was the president.  “[After meeting Michael Cohen]  Trump Organization & Related Group […] signed an exclusive contract with  me for promoting their companies in Russia and CIS countries,” Millian said in an interview.  Millian was quoted in ABC News interview as saying Trump benefitted to the tune of hundreds of millions of dollars from busienss dealings with Russia.    
10) Alimzhan Tokhtakhounov -- There are dozens of examples of Russian  billionaires buying Trump properties as a way to launder their money (pay cash, then sell legally).  Trump himself has admitted to selling (and making lots of money from) selling US properties to Russians.  On April 16, 2013, federal  agents burst into a swanky apartment at Trump Tower in New York City as part of a larger raid that rounded up 29 suspected members of two global gambling  rings with operations allegedly overseen by a supposed Russian mob boss named Alimzhan Tokhtakhounov.  Seven months after the bust, he was a VIP attendee at Donald Trump's Miss Universe 2013 contest held in Moscow.  
11)  Val Levitan/Alex Shnaider  -- Trump’s first real estate venture in Toronto, Canada, was a partnership with two Russian-Canadian entrepreneurs, Toronto Life reported in 2013.  “The hotel’s developer, Talon International, is run by Val Levitan and Alex Shnaider, two Russian-Canadian  entrepreneurs.  
12) Elvira Kudryshova -- The Financial Times said that three apartments in the Trump SoHo hotel-condominium, which he owned jointly with the real estate companies Bayrock and Sapir Organization LLC, were sold in April 2013 for a total of $3.1 million to shell companies ultimately controlled by Elvira Kudryashova, the daughter of Viktor Khrapunov, a former energy minister and  Mayor of Almaty, Kazakhstan's largest city. That was two years after  Khrapunov and other members of his family were charged with fraud and other financial crimes in their homeland. Lawyers for the city of Almaty told a U.S. court that Khrapunov and his family “conspired to systematically loot hundreds of millions of dollars of public assets...and to  launder their ill-gotten gains through a complex web of bank accounts and shell companies...particularly in the United States, " according to the FT. 
13) Dmitry Rybolovlev -- "What do I have to do with Russia?  You know the closest I came to Russia, I bought a house a number of years ago  in Palm Beach, Florida... for $40 million and I sold it to a Russian for $100  million including brokerage commissions."    The  official deed on that deal says that Trump Properties sold the property to  County Road Property LLC. But that's just a front. The real buyer of the  property was Russian billionaire Dmitry Rybolovlev.  Rybolovlev admitted it through  a spokesman in 2008, and his real estate agent on the deal reaffirmed it to  CNNMoney. 
But don’t taken their word for it.  To quote Donald Trump Jr, “Russians make up a pretty disproportionate cross-section of a lot of our assets. We see a lot of money pouring in from Russia.” (said at a real estate conference in 2008, according to a trade publication, eTurboNews)
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nicolesbook1 · 6 years
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Engel & Völkers Florida Moves Corporate Headquarters to Accommodate Growth
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SOURCE Engel & Völkers
Master Franchise Partner of Global Luxury Real Estate brand, Engel & Völkers Florida, Announces Headquarter Move to Accommodate Expansion
"This move represents an exciting development for Engel & Völkers Florida," said Oliver Tonn, Co-Owner of Engel & Völkers Florida. "Over the past year, we have expanded our brand’s presence in seven premium real estate markets across the state, grown our corporate team with incredibly talented professionals and are pleased that the new space can accommodate this growth."
Engel & Völkers first expanded into the North American market in 2007, with Florida as its flagship Master License Partner. Engel & Völkers Florida has since operated from its regional headquarters, located in Naples, and has consistently been the most successful region on the continent.
The new office space is approximately 2,404 sq. ft., which makes it nearly three times the size of the company’s previous space. This modern office features a training facility for the company’s signature STAT (System Tools Administrator Training), state-of-the-art conference room, relaxing lounge, branded lobby and private offices for the executive team.
"We designed this space to look sharp and showcase our brand as a tool to help attract new franchise partners," said Timo Khammash, Managing Partner of Engel & Völkers Florida. "Continued franchise expansion is a key focus for Engel & Völkers Florida in 2018 and we know this move was needed in order to meet our objectives and support our growing network."
About Engel & Völkers Florida
Engel & Völkers Florida continues to strengthen and expand its presence in premium real estate markets across the state. Currently, there are multiple locations across Florida, including: 30A Beaches, Belleair, Boca Raton, Bonita Springs-Estero, Cape Coral, Clermont, Delray Beach, Destin, Fort Lauderdale-Las Olas, Jacksonville Beach, Jupiter, Madeira Beach, Marathon, Marco Island, Melbourne, Miami-Coral Gables, Naples, Orlando-Winter Park, Palm Beach, South Tampa, Stuart, Sunny Isles Beach, Wellington, and Windermere.
If you would like to know more about the Engel & Völkers brand or being a part of its global network, which is known for demonstrating competence, exclusivity and passion, feel free to stop into any local shop or call our corporate office, located at 633 Tamiami Trl N, Naples, FL 34102 USA. Tel: +1 239-348-9000.
About Engel & Völkers
Since its beginning in 1977 as a specialty boutique providing exclusive, high-end real estate services in Hamburg, Germany, Engel & Völkers has become one of the world’s leading companies specializing in the sale and lease of premium residential and commercial property, yachts and private aviation. Engel & Völkers currently operates a global network of over 10,000 real estate advisors in more than 30 countries, offering both private and institutional clients a professionally tailored range of luxury services. Committed to exceptional service, Engel & Völkers supports its advisors with an array of premium quality business services; marketing programs and tools; multiple platforms for mobile, social and web; as well as access to its global network of real estate professionals, property listings and market data. Each brokerage is independently owned and operated.
For more information about Engel & Völkers Florida, please visit http://florida.evusa.com
For media inquiry, please contact: Linzee Werkmeister, Director of Public Relations & Franchise Support Tel: (239) 348-9000 Email: Linzee.Werkmeister(at)EVUSA(dot)com
©2017 PR Newswire. All Rights Reserved.
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cathrynstreich · 6 years
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CENTURY 21 JWC Florida Realty Acquires Cooperative Real Estate Group
CENTURY 21 JWC Florida Realty has acquired Cooperative Real Estate Group and will now operate as CENTURY 21 Keystone Realty. The brokerage is led by Giuseppe “Joe” Pistone and Peggy Clemente and serves Southeast Florida.
Ray Anastas and Scott Kasten, co-owners of Cooperative Real Estate Group, will be joining CENTURY 21 Keystone Realty, along with their 54 agents. With the acquisition, the brokerage will now offer both residential and commercial real estate services to buyers, sellers and renters in Southeast Florida, including Pembroke Pines, Cooper City, Davie, Miramar, Hollywood, Weston, Ft. Lauderdale, Miami, Palm Beach and their surrounding communities. The office will remain at its location on the corner of Taft Street and Douglas Road in Pembroke Pines.
“We’re thrilled to be joining forces with such a great office to better serve the homebuyers and sellers within our communities,” says Pistone. “With this growth in talent, we’ll now be able to extend our services beyond our original market to reach even more people and families looking to find their next home.”
“Joe and Peggy exemplify the importance of hard work and embody all that we represent at Century 21 Real Estate by constantly defying mediocrity,” says Nick Bailey, president and CEO, Century 21 Real Estate LLC. “After joining the System just over a year ago, it’s great to see this team continue to grow and exceed expectations in Florida. We warmly welcome Ray, Scott and their entire team to the CENTURY 21 brand and look forward to all the great success we’ll see with this new partnership.”
For more information, please visit www.century21.com.
For the latest real estate news and trends, bookmark RISMedia.com.
The post CENTURY 21 JWC Florida Realty Acquires Cooperative Real Estate Group appeared first on RISMedia.
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cij-journal · 7 years
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CBRE acquires Brenner Real Estate to boost Florida reach
Full-service commercial real estate services firm, Brenner Real Estate Group, has been acquired by CBRE. Founded in 1987, the firm is led by Scott Brenner, and includes a team of more than 20 professionals based in Ft. Lauderdale, Boca Raton and Melbourne, Florida. The company provides comprehensive real estate services including leasing brokerage, investment sales and... http://dlvr.it/P8wvLP
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sedonahomesforsale · 2 years
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Commercial Real Estate, A Career - How Do You Get Into It?
1. What is it and how can you get in to it?
I attended the Society of Industrial Realtors Annual spring conference in Maui several years ago. To make sure we did a lot of sightseeing, my wife had joined me. My wife and I attended the cocktail party sponsored by Colliers International, an international 241 office firm.
After a few minutes of introductions, a man came from the golf course to sit down at our table. Andrew Friedlander introduced himself and we talked about his home in Philadelphia, Brooklyn, and his new home here in Honolulu. Andrew explained that he sedona houses for sale came to Hawaii on R&R from his Army tours in Vietnam. He was about to finish his last duty tour. He rented an apartment and waited tables. He washed cars. To have extra money. He explained that he had paid his rent to an older gentleman who visited his apartment once a month. The man finally asked him if that was his business. Andrew stated that he had never considered property management as a business. However, the more Andrew spoke with the man, the more he realized the diversity of commercial real estate, especially in Hawaii. Andrew was shown the basics by the rental agent and he decided to not return to Brooklyn.
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Andrew, forty years later is the manager of six Colliers International Hawaii offices with more than 40 salespeople and brokers. Andrew's team handles all aspects of industrial and commercial real estate, including traditional brokerage transactions and selling and leasing commercial real property through the islands.
While we were there, a concierge told us that it was a wonderful place. Now, where would you think about moving to?
A friend and young Army captain called me from Hawaii over the past year. After his last duty tour, he and his wife were enjoying some R&R and called me to get my advice about commercial real estate companies. After checking with Andrew about his availability, I gave Andrew my number. Andrew took my friend out to lunch and introduced him the Colliers business in the islands. My friend and his wife later decided to move to Florida to be near their parents. He was eager to be interviewed by Colliers in Ft. Lauderdale. Although he found a better match for a concentration of office brokerage with another company, I believe it is clear that there are opportunities with major firms for someone with an interest in the field, who can show that they are self-motivated and have positive manners (manners, speech patterns, business attire, etc.). One night, a long-time friend of mine told me that the desk clerk was the representative for the hotel company to its customers. He also knew the CEO. The clerk's rudeness towards us is not indicative of what the CEO wants for their company. If he wants to be more than a late-night clerk, he will have to learn this lesson.
This is because Colliers, or any other competitor, must ensure that every salesperson or broker who meets a potential client represents the company's image. It is a huge investment to create that image for the business community. Every person must be able to reflect that effort, even all staff. A potential customer may choose to hire someone who is more professional than them. Wal-Mart's customer relations training is very strong. It would seem that every major restaurant chain has a comprehensive program for staff training. It might be worth observing how staff handle customers who are being unreasonable.
2. Entry
Andrew's story is an example of what commercial real estate can offer. In 1971, a senior business mentor and friend of mine said to me that commercial realty offered an opportunity to start a business, without the need for capital. There was no limit to the number of transactions that could possibly be made. This was discussed in relation to me returning to law school. He thought it was almost an "sky is limit" approach but it had some sense. I had prepared a few financial reports about potential deals that were offered to me. At my mentor's direction, I also gave that year's $300k commission check, to a broker he had used to purchase a property he had settled on the previous year. The second half of the commission was also handed to the broker by me the next year. Remember that the 1972 commission amount at the beginning of that recession was significant money for any transaction.
Each state has its own licensing regulations. Florida requires that a person take a sales licensing class, pass it, and then work for at least two years in a licensed real-estate broker's office before they can take the state broker's exam. Many colleges and private companies offer sales courses, with evening classes being the most popular. The course costs are minimal. It is easy to learn the basics of reading, writing, and math. Commercial real estate firms might offer the course depending on your education qualifications. For salespeople, smaller, more generalized brokerage firms might also offer the course.
A recognized culture or business reputation is usually established for any real estate company in any community. This can be either local, regional, or national. It is important to research which company suits your needs. You can find out a company's history, areas of expertise, staff, and successes via the internet. Recognize that large metropolitan commercial firms will often outsource client requirements in outlying areas to smaller commercial firms in the area, rather than asking one of their main offices to travel. If you live in a rural area between major metropolitan areas, it is important to find out which real estate companies have these relationships.
You will only be able to succeed in commercial realty, especially if you don't have capital. In the early 1970's, I had the option of finishing law school again. The thing I discovered was that I enjoyed being "outside" of an office, and I also liked being "on the streets." Ft. Lauderdale was home to many of my attorney friends. They spent hours in their offices writing briefs and drafting documents, which is what the profession demands. My decision was to work as hard on commercial real estate as I would for any other law practice. It worked if it was successful, but if not, I would return to school.
Given that Florida's early 1970's recession caused almost equal economic damage to all occupations, many lawyers had low billing practices and clients whose business was in trouble. Many real estate brokers I met were facing difficult times due to the fact that banks weren't lending money for deals. Florida had a 14% usury limit at the time. The deposits were low and California's interest rates rose to 14%. That is where the money went.
Weekdays were spent knocking on doors of businesses along the West Palm to Miami corridor. Weekends were spent painting houses or sailing a motorboat owned by a friend. On weekday evenings, after dinner, I would be at the office reviewing information about property, ownerships, tax data and other pertinent details. I was available to drive or make phone calls the next day. It was possible to make a living in the commercial realty field. After I returned to Philadelphia, I discovered that many commercial real estate companies were open to hiring salespeople as waiters, bartenders, or other temporary jobs until they have enough experience to close deals. This has been influenced by the greater financial strength of larger firms, which can either offer a salary base or allow for new salespeople.
Today, gender isn't as important in commercial real estate today as it was in 1970. In those days, women could not compete with men in selling venues. There are now many women who have joined real estate companies such as SIOR and CCIM. The number of women who have joined commercial real estate organizations like SIOR, CCIM, etc. has increased significantly over the last 15 years (which I will talk about later). Commercial real estate courses today offer a great way to acquire knowledge once taught "in-house" by senior brokers responsible for the progress of new salespeople.
The importance of having minimum capital in commercial real estate has not changed. Gender isn't an issue. Many women have succeeded in office or industrial real estate. You can find out more at www.youtube.com You can choose your work hours, your specialty(s), your market(s), and who you would like to approach to join your firm. Commercial real estate is a standard business week that does not include Sunday or late Saturday hours. These are just a few of the many positive aspects of commercial real estate. Your competition is fierce, your competitors are proud of your work ethic, and most importantly, their reputations for each individual.
Both larger brokerage firms and smaller commercial companies should be investigated. Both have their advantages and disadvantages.
A). A base salary may be offered by larger firms. Although they may prefer to have prior business experience, this does not necessarily mean that they will be willing to offer a draw against commissions. A new salesperson would typically be assigned to a senior or multiple brokers to handle cold calling, marketing materials, and reports on any client's property. They also might have to deal with property inspections by their prospects by other brokers.
Here are some points about larger firms:
The future ownership potential of the company could be limited or nonexistent.
You may not have control over the market, territory, or discipline in which you work. You may be hired to work in retail. However, this could change if the department needs personnel support. If they have multiple offices, you may find they prefer to rotate through the different departments and possibly each regional office.
It depends on whether the company is privately owned or public. You may be able to sell or merge the company without your involvement. No position in a larger company has a "safety net". It is possible to make quick cuts if a client loses its primary, significant client to a competitor.
Senior brokers who have been successful sometimes leave the firm to open a new firm. If you work in the same department as the rainmakers, clients will follow them. This could impact your income potential.
The volume of deals can be as important as the deal size. A bank, insurance company, pension fund or other institutional owner may be interested in a deal. If an institutional owner (bank, insurance company, pension fund, etc.) has a presence on a urban market they might be able to award a sale or leasing assignment to a larger firm. This can make the assignment a "year-maker" if it is completed. Most often, the year-end bonus money goes to salespeople who participated in the marketing effort.
Senior brokers need to have high-level corporate contacts. This could be through a country club, business association, educational institutions, commercial lenders or people referred from cities with corporate headquarters. You might consider looking at other firms whose top managers are more involved if the firm owners and top brokers don't have the contacts or relationships to develop them. Instead of being left with crumbs from other firms that have a strong community (business and not-business), you want the work to flow down from the top.
B). A broker/owner will usually manage the operations of smaller firms, with or without brokers partners. They will often have a residential and separate commercial divisions in which some brokers might work in commercial and residential properties.
Here are some points to consider when looking at smaller firms:
Future ownership shares could be offered, depending on deal volume and commitment to firm. The opportunity might be more attractive for those who are near retirement, such as the founder broker.
Commission percentages can be more generous if a certain amount of deals are made to cover the cost for your desk, phone, and secretarial services.
External Links:
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