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Q&A: What is the difference and definition of commercial, retail, hospitality, residential architecture?
Apr 1st
Question by Manny: What is the difference and definition of commercial, retail, hospitality, residential architecture?
What is the definition (or examples) of each of those 4 as it pertains to architecture or interior design projects or real estate? For example, is a restaurant considered commercial or is that hospitality?
Best answer:
Answer by Mike H
Commercial – Office Buildings
Retail – Malls, shopping stores, etc.
Hospitality – Restaurants, bars, nightclubs…
Residential – homes
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International commercial property loan scam ended with five people jailed
Mar 30th
International commercial property loan scam ended with five people jailed
Five men have been jailed for running an investment scam through which British expats lost nearly £2million, the Serious Fraud Office (SFO) has said. The men, who operated under the name Prudential Commercial Investments, conned overseas independent financial advisers (IFAs) into persuading their clients to invest money in their commercial property loans business. The victims were told their funds would be channelled into a lending scheme for commercial property buyers in
Q&A: Interview at Prudential Commercial Real Estate?
Mar 29th
Question by The Professional: Interview at Prudential Commercial Real Estate?
This is for an internship position. Do you guys recommend Prudential? They told me after I complete the intership program they’ll pay me to get my license and for all the classes – is this typical of real estate firms? Any other advice or input would be appreciated!
Thanks
Best answer:
Answer by Dawni Do Right
Many brokers that are on recruiting campaigns often offer to pay for you to go through their real estate school or an affiliate’s school.
Most want you to pay for it up front & then they will reimburse you at some point, which could be when you pass the license exam, you hang your license at their office or you get your first commission check.
Many franchised offices such as Prudential, Century 21, Re/Max have in house training programs that are free or sometimes the broker will pay the cost of you to take “Quick Start” or other sales classes that their corporate office is offering after you come on board.
Some offices will team you up with a “mentor”, a seasoned agent that assists you & accompanies you on all your appointments. Often with mentoring programs, a portion of the commission on your first few transactions is paid to the mentor.
Franchise offices are a good place for a new agent. You will have access to a lot to training & managment assistance. These franchise offices also often have some very good tools for you to take advantage of like a personal webite (i.e., PrudentialProperties.com/YourName), nice professional marketing materials.
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