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Leo Esses joins Weichert Commercial Brokerage
Jul 11th
Leo Esses joins Weichert Commercial Brokerage
EDISON – John Udell, president of Weichert Commercial Brokerage, Inc., is pleased to announce that Leo Esses has joined Weichert Commercial Brokerage’s Central New Jersey office as Senior Vice President. Esses brings with him more than 25 years of experience in real estate, marketing and business development.
Read more on The Record
Century 21 China Real Estate Announces Close of Acquisition of Beijing-based Commercial Primary Real Estate Agency
IFM Investments Limited , a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21® brand in China, today announced that it has closed its previously announced acquisition of a majority ownership stake in Beijing Shanggu, an established local primary real estate agency service provider based in Beijing focusing on consulting and sales for commercial …
Read more on PR Newswire via Yahoo! Finance
Report: Retail Recovery Seen First
Jul 3rd
Report: Retail Recovery Seen First
Southern Nevada’s commercial real estate market is showing signs of improvement, though a second-quarter report from brokerage Colliers International suggests a roller coaster ride into 2012. Retail could be the first sector to benefit from an increase
Read more on Las Vegas Review-Journal
Real Estate Weekly: Baltimore’s new shelter, Vacant supermarket sold, personnel and leases
Newly relocated Jacob House opens in Baltimore County Baltimore County public officials, business representatives and community leaders were on hand on Saturday for the official opening of the Jacob House, a restored, historic log cabin that represents the unique history of East Towson. The restored cabin is located adjacent to the Carver Center at 300 Lennox Ave. The [...]
Read more on The Daily Record
Nashville People in Business
Nashville People in Business: Awards, Achievements and Promotions
Read more on The Tennessean
Residential Real Estate Agent vs. Commercial Real Estate Agent License
Jun 12th
Commercial Real Estate Leasing Agent as a Career – Part 2 Residential Real Estate Agent vs. Commercial Real Estate Agent License Kristy Oshita Interviews Annie Line, a career real estate investor. For More Interesting Life & Career Interviews go to www.KristyOshita.com
Mainebiz Sunday (Season 3, Episode 4) – In this segment, Host Alan Hinsey discusses the markets for office and industrial space in southern Maine with Drew Sigfridson, a broker with CB Richard Ellis/The Boulos Co. in Portland; and Greg Perry, an associate broker with Cardente Real Estate, also in Portland. The guests give an update on the commercial real estate market, predict what we’ll see in 2011 and whether there’s money available for business owners looking to buy space. This segment was taped at the Maine Real Estate and Development Association in Portland on Jan. 27, 2011.
Video Rating: 0 / 5
Newmark Knight Frank Devencore Establishes Partnership with CITI Commercial in Calgary
Jun 1st
Newmark Knight Frank Devencore Establishes Partnership with CITI Commercial in Calgary
MONTREAL, QUEBEC–(Marketwire – 06/01/11) – Newmark Knight Frank Devencore, Canada’s largest corporate real estate advisor and brokerage representing corporate, industrial and retail space users, announced today that it has entered into a partnership with CITI Commercial in Calgary, whereby CITI Commercial will join Newmark Knight Frank Devencore, effective immediately. The partnership …
Read more on Marketwire via Yahoo! Finance
Real estate roundup
Recent commercial real estate transactions as reported by area brokerage firms.
Read more on The Columbian
Updated: Cassidy Turley Bolsters Southeast Presence With Carter Acquisition
Cassidy Turley announced its intention to acquire the brokerage and property management operations of Atlanta-based commercial real estate services firm Carter, a move that would gain it a significant foothold in the Atlanta and Central Florida markets. Carter, founded in 1958, employs 350 professionals at its headquarters and full-service office in Atlanta along with a full-service office in …
Read more on CoStar Group
GCP Capital Partners Announces Investment in ClearView Risk Holdings, LLC
Dec 28th
GCP Capital Partners Announces Investment in ClearView Risk Holdings, LLC
GCP Capital Partners LLC announced today the completion of a million investment to purchase a controlling interest in ClearView Risk Holdings, LLC, whose principal subsidiary is Southwest Risk, LP, a Dallas-based wholesale insurance broker that specializes in certain property and casualty coverages, including real estate and construction risks. Â
Read more on PR Newswire via Yahoo! Finance
Prime office space plentiful
Sunday exclusive: It’s easier than ever for a Southwest Florida business to upgrade to first class.
Read more on The News-Press
Funny Real Estate Commercial -1
Dec 28th
www.alignmark.com If you are Chris, please apply to one of our competitors. Otherwise, please join us.
Video Rating: 4 / 5
Tampa-Based Franklin Street Defies Real Estate Market, Opens New Headquarters Office to Accommodate Growth
Oct 14th
Tampa-Based Franklin Street Defies Real Estate Market, Opens New Headquarters Office to Accommodate Growth
Tampa – A business that started in a two-bedroom Tampa apartment in December 2006 with two partners and a couple of assistants has defied the commercial real estate market to become one of today’s fastest-growing real estate firms in the Southeast.
Read more on dBusinessNews.com
Browder & Martin Closes .2M Commercial Real Estate Fund – cbl
Charlotte Firm Manages Summit Avenue Mooresville LLCBy citybizlist StaffCHARLOTTE — Summit Avenue M…
Read more on citybizlist Charlotte/Raleigh
Lastest Commercial Real Estate Brokerage News
Oct 11th
National Commercial Real Estate Talk Radio Show Launches
ATLANTA–(BUSINESS WIRE)–“Commercial Real Estate Show,” the only national commercial real estate radio show, now can be heard every Saturday at 10 a.m. online at CREshow.com and in Atlanta on Biz 1190 AM (WAFS).
Read more on Business Wire
New realty offices combine two companies
VERNON Prudential Real Estate and Relocation Services, a Prudential Financial, Inc. company, recently combined with Century 21 Gross and Jansen, REALTORS® and Prudential New Jersey Properties Highlands Realty.
Read more on The Township Journal
Realogy’s ‘Leadrouter’ Surpasses 10 Million Online Leads Distributed to Brokers and Agents
RISMEDIA, October 11, 2010—Realogy Corporation, one of the largest providers of real estate and relocation services in the United States, has announced that LeadRouterSM, its proprietary online lead management system, has surpassed 10 million leads distributed directly to brokers and…
Read more on RISMedia Real Estate News
Commercial Property: First National buys former Colonial branch
A former Colonial Bank branch at 3560 Kraft Road in Naples was sold to First National Bank of the Gulf Coast by the Federal Deposit Insurance Co.
Read more on The News-Press
What commercial real estate brokerage firm to choose?
Aug 26th
Question by kcd: What commercial real estate brokerage firm to choose?
I am a recent college graduate who has a passion for commercial real estate and wants to become a broker. Anyway I have an offer from a smaller firm (14 agents) and am wondering if I should try to find a larger firm? Does the size of the firm make a big difference when starting out? Also should I make sure that the firm I choose does leasing as well as sales because of the current low sales volume?
Best answer:
Answer by Brenda W
While commercial real estate brokerages are very different from the residential real estate brokerages, what’s important is to make sure you get with a brokerage who will take you under their wing whether it be via a mentor or structured in such a way so as to assist you through your learning curve(s). Perhaps it’s because I’m in a very large city, but here there aren’t any commercial firms that will take in a new agent without either an MBA or already licensed as a broker. So consider yourself fortunate if you’ve got a firm who will take you so very wet behind the ears.
Size of the firm does matter if it determines market share. As you gain in experience, you’ll find that you’ll want to be with the firm who has the larger market share in your area. Success breeds success and businesses looking to lease, buy or sell want to go with those well known to the area.
I cannot imagine any commercial brokerage firms not working leases in addition to sales. Leases can be very lucrative, but they’re also more complex than a sale. Go to classes on commercial leasing and you’ll understand what I’m talking about.
Interview several firms and find out what they’re looking for in their sales staff, what their policy requirements are, and how their commission structure works. Work up a spreadsheet with the categories of your inquiries/notes so that after you’ve completed your interviewing, you can step back and see how one compares with another.
Best of luck and congratulations in your new career!
Know better? Leave your own answer in the comments!
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