Posts Tagged 'irvine'

Why We Need Better Tools in Commercial Real Estate

Using the right tools, you can get anywhere.

This will be a brief posting by me today. I’ve got way too much stuff to do for my own sake. So, let’s get started.

All commercial real estate brokers can agree with me, that our industry is slow to transform. In fact, I don’t think there’s been much innovation in the operating style of running or performing our business. The good thing about this is that it keeps our business model safe and pure. The bad thing is, that we have to settle for really crappy and antiquated tools to do the same work that people in other companies achieve with the click-of-a-button. I mean, even the mortgage industry has tools that automate and catalyze productivity! Now, what do we have? We mmmm… have excel.

It’s pretty embarrassing.  Continue reading ‘Why We Need Better Tools in Commercial Real Estate’

My Favorite BrokerHacks For Extreme Productivity

Like most of you in commercial real estate, I’m extremely busy. My day usually starts around 5:30 AM. I put the kettle on, make some tea, jump in the shower, get in front my home office computer, review yesterday’s tasks, review things I have to do today, clean-up my to-do list and get crankin’!

With all this prep and organization you’d think that my day would be swift-and-easy, right? Ummm…..not at all! Like many of you, around 8:30 AM my phone starts ringing like crazy, I start getting a ton of email, the voicemail starts piling up and I even receive text messages! A lot of these calls are not time-wasters, they are important calls from brokers trying to tour or inquire on my listings and clients trying to inch-closer to closing a transaction. So, when everything is important how do you deal with all of it? It’s not easy, but over the past 12 years, I’ve gotten really darn good at it, and I’ve learned several tricks that leverage my productivity significantly. I call these tricks, “BrokerHacks”. And today, I’m going to share my favorite BrokerHacks with all of you. Let’s rock! Continue reading ‘My Favorite BrokerHacks For Extreme Productivity’

Why LoopNet’s Property Data Model Will Reinvent Commercial Real Estate

As you may have heard, LoopNet, the commercial real estate multiple listing service provider, recently announced it’s “Property Record” database feature. This feature allows its subscribers to search through its huge 7.5 million property database records. Not only can a user can search for properties within a specific square foot size range and location, but also lookup recent sales, current Tenant and Owner data. I’ve used it a few times and although there are some holes in the database, this technology has the potential to be a HUGE win for LoopNet. The other major alternative to LoopNet’s Property Data database is CoStar’s Property data platform; but the cost for accessing LoopNet’s Property Data is unforgivingly competitive and can give CoStar a run for its money.

Continue reading ‘Why LoopNet’s Property Data Model Will Reinvent Commercial Real Estate’

How You Manage Your Office Lease Expirations Can Either Help or Kill Your Business!

Oh, Lease Expirations. In our industry, they are the lifeblood of brokerage and the commercial real estate economy. If it wasn’t for lease expirations, a commercial real estate agent wouldn’t have the necessary Tenant turnover in the market to make a living. Landlords would not have the turnover in Tenants actively looking to relocate to a fill vacancies. But there’s something about Lease Expirations that’s good and bad; they can either help or hurt you. Continue reading ‘How You Manage Your Office Lease Expirations Can Either Help or Kill Your Business!’

Stop! Don’t Be a Victim! (Foreclosure Scams)

Are you a property owner or landlord facing possible foreclosure?

If you are, don’t be ashamed. Some of the hardest working, successful business men/women often go through tough times, especially when they face an economy like the type we are currently living. When facing foreclosure there are a number of options that can be of major help to you and your company. As a business owner I know you would do ANYTHING to save your property from going under the red-line, but you can’t let desperation hinder your thought process. The problem is differentiating when a “good solution” is authentic and not a scam. Continue reading ‘Stop! Don’t Be a Victim! (Foreclosure Scams)’

Finding Hidden Gems

You don’t have to be a leprechaun or a pirate to find a hidden treasure; you just have to be resourceful and use the tools around you to find that diamond in the rough.

Don’t get me wrong it’s harder than it looks. Locating the perfect office space that fits your business needs at a great price could take a lot time, but with the right sources and tools, you can find the perfect commercial property in less than half the time. When active tenants or buyers are searching for property, they can be bombarded with hundreds of spaces at a time. This usually gives tenants and buyers a headache …..or more like a migraine. Well, we have the solution to make that pain and stress disappear. Continue reading ‘Finding Hidden Gems’

Loan Modification 101

The biggest misconception when dealing with commercial loan modifications is that they are very similar to residential loan modifications. This is incorrect. The recently economic downturn has left a lot of small business owners and commercial borrowers in a tough bind with a number of loans. These loans are pushing them to reach the brink of foreclosure. Small business owners and entrepreneurs are often confused and don’t know ways of avoiding foreclosure. Well, that’s where our knowledge and expertise comes to your aid. One of the most important options of avoiding foreclosure is modifying your commercial real estate loan. Continue reading ‘Loan Modification 101′

The Secrets Behind Purchasing Power

You have the power!

Doesn’t that sound so great? Well, I’m not just blowing air in your bubble, it’s actually true. Active tenants have so much purchasing power in the commercial real estate market than ever before. Since lease rates have drastically decreased, landlords and property owners need buyers now more than the previous 3-4 years. Take advantage of your position and capitalize on the market catering to you so you can take your business to near heights. Continue reading ‘The Secrets Behind Purchasing Power’

Attracting More Users

One of the hardest tasks we hear from landlords and property owners today is how to attract more users. They don’t know if it’s them, or if it’s the users. The first thing you have to realize is that there are actively looking tenants out there.

Active tenants get bombarded with a ton of available commercial properties on a daily basis. Being a landlord, you have to find a way to attract the attention of these active tenants, in a market swollen with competition. So, you will have to think outside the box and find new ways for users to find you.

We have some tools for you that will help you shine, in a world full of competing properties: Continue reading ‘Attracting More Users’

Getting The Best Deals By Using Your Resources

The world is endless with resources, you only have to know which ones to best use for your business. Tenants actively looking for property sometimes have to go through so much rubble to find their perfect spot, when it could have just taken one or two tries. This mission could seem like an unnecessary endless destination.

So, we’re going to give you a few tips to make life a heck of a lot easier for you and after reading this post, you will be a pro at searching and finding the perfect office space for your business. Continue reading ‘Getting The Best Deals By Using Your Resources’

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