After a hard day of knocking on doors and grinding out deals, how do commercial real estate agents relax?
By sitting down and watching films about our industry like the nerds we are. Or is it just me?
Here are a few I recommend checking out…
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Although Saskatchewan’s GDP is projected to decrease by 5.5 per cent in 2020, our latest quarterly industrial market survey shows the industrial vacancy rate in Saskatoon has dropped.
A remarkable fact when you consider the financial hit that our economy has just endured due to the pandemic.
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Therefore, salespeople could be considered artists. Here’s an example of what I mean.
With a total of seven partners within our brokerage division, we have a bit different business model at ICR. Our new licensed associates are mentored collectively by the partnership.
When they’re seeking solutions for an assignment, an apprentice is encouraged to request input from a few partners.
We then suggest they take that input and craft a solution that they can call their own.
It’s kind of like art and it’s an empowering process!
It’s interesting how we can all have a different strategy to move to the next step.
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The dialogue is starting around this latest experiment in the office sector.
We’ve seen other experiments in recent years such as the open office concept and co-working concept. COVID-19 has accelerated a work-from-home (WFH) trial that might otherwise have taken years to duplicate.
Will WFH emerge as the disruptor that some are suggesting?
Will organizations be able to maintain culture within, while the experiment is underway?
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I’m grateful that despite the new challenges many of us are currently encountering in this remarkable new world, I’m doing well.
However, that would not always have been the case in my past.
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Did you know when you’re buying or leasing that you can engage a commercial broker to search listings, organize viewings, and write offers, among other duties, for the low cost of… ZERO?
This relationship is referred to as a Buyer’s broker and as the name suggests, they work for you and you alone.
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I think it’s fair to say that we don’t recommend people and their services if we don’t like them.
The problem, however, is that often liking someone can hinder us from really considering if you’d recommend them.
Confused? Consider the following…
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As a commercial real estate broker/advisor, the type of assignments I take varies significantly.
They’re never boring; there’s a different nuance to every deal!
I started my career in real estate sales when I was 20 years old and to this day, still find it immensely rewarding when a client’s goals are met through a closed transaction.
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There are many real estate investors who wish they’d just got into a market before a boom.
Appreciation of real estate investments has made many people wealthy over time.
For those willing to take the risk, the reward can be real.
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If you’d have asked me a few years ago about the long-term fate of the independent commercial real estate broker, I would have honestly expressed some uncertainty (you may be thinking, “but Barry, you are an independent commercial real estate broker… that means you would have been questioning your own survival!).
Most of that uncertainty arose from questioning the independent broker’s ability to keep pace with potential investment required in metadata.
Let’s look at the current differences between a national and an independent regional commercial real estate broker.
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