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#176583 - 10/19/07 10:04 PM Re: Commercial Lead Generation..... [Re: Prodigy]
Merkaba Offline
Veteran Member

Registered: 03/20/07
Posts: 1090
Loc: South Carolina
sht...what kinda info is presented in a commercial listing presentation? I was actually looking for it online but couldnt find anything. I'm guessing since its not a cash flow type of deal, I guess not alot different than resi?
Also, what kinda info should I get in order to have what a commercial buyer would want to know, besides zoning?
Thanks guys!


Edited by Merkaba (10/19/07 10:18 PM)
_________________________
Realtor Extraordinaire, ABR, E-Pro

Keller Williams Realty
Upstate South Carolina

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#176589 - 10/19/07 10:50 PM Re: Commercial Lead Generation..... [Re: Merkaba]
Watermark Offline
Member

Registered: 10/09/07
Posts: 379
Loc: Georgia
zoning & existing allowed uses
future land use plan proposed use
square footage
historical rental income (may not be available for owner occupied site)
typical rents in the area
property size
survey
how much sq. ft. warehouse vs. office (if any)
parking ratio (# parking spaces per 1,000 sq. ft. building)

that's a good place to start

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#176593 - 10/19/07 11:21 PM Re: Commercial Lead Generation..... [Re: Watermark]
Prodigy Offline
Veteran Member

Registered: 11/15/05
Posts: 724
Loc: Riverside County, California
How you will sell it... and how much they will net.
_________________________
Adam Clarke
Commercial and Residential Lending Specialist
access commercial finance
Direct: (951) 318-1162
Small Business Success

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#176599 - 10/20/07 12:07 AM Re: Commercial Lead Generation..... [Re: Prodigy]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 8473
Loc: georgia
I would start with WHY they are selling and DETERMINE motivation before going through a bunch of wasted steps.Then ask them how they determined there PRICE to understand there thought process and what type of seller they are.

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#181860 - 11/16/07 09:42 AM Re: Commercial Lead Generation..... [Re: Watermark]
RE Royalty Offline
Member

Registered: 04/11/07
Posts: 63
Loc: GA
Watermark,

Where do you find that information. Just curious as I have not done a commercial deal. But in case a deal comes my way, I'd like to know where to gather this information.
Thx!

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#182506 - 11/20/07 12:14 PM Re: Commercial Lead Generation..... [Re: RE Royalty]
That 20something RE Guy Offline
Veteran Member

Registered: 07/26/06
Posts: 693
Loc: Circleville Ohio
4%.....That's 1% away from the typical commercial commission.

If your company will let you do 5% for a commercial listing, i'd show him what he could get for 1% more.
_________________________
Brandon E. Schlichter
Real Living HER
(740)-571-1606
www.RealEstateCircleville.com
My REO Blog
How to get REO Listings, Find BPO Providers and Negotiate Short sales for FREE!

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#183565 - 11/27/07 02:16 PM Re: Commercial Lead Generation..... [Re: Prodigy]
MrsSea Offline
Member

Registered: 07/09/07
Posts: 242
Loc: Washington, DC
I have just begun to consider commercial. Can anyone reccomend if it is good to get my feet wet in residential first?

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#183593 - 11/27/07 04:34 PM Re: Commercial Lead Generation..... [Re: MrsSea]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 8473
Loc: georgia
That depends do you come from a business background or have owned businesses in the past?

If so you could skip residential all together and jump into commercial.After a ton of ce courses and mentoring on the first few deals.

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#190901 - 01/04/08 06:32 PM Re: Commercial Lead Generation..... [Re: Merkaba]
StarkRealEstate Offline
Member

Registered: 01/04/08
Posts: 65
Loc: Nevada, USA, Reno
If you are looking for listings, I think that you should elaborate on your experience and your marketing plan for that type of property.

Retail is different than office, office is different than industrial, and investment is different than land (and vice versa for all). Since I am on the marketing side primarily, it is easy to simply discuss the importance of having a proper marketing plan and understanding their property and the prospects that it will fill their need.

For tenant prospecting, Cold calling door to door on businesses has generated multiple leads for me and you get a lot of information and a lot fewer negative responses than one would think.
_________________________
Earl Peterson
Stark & Associates
Commercial Real Estate
Office, Industrial,
Retail & Investment Properties
Reno, Sparks & Northern Nevada
www.starktcn.com

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