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#190539 - 01/02/08 09:44 PM Re: How many of you do both Residential and Commercial? [Re: Paul Oaks]
Prodigy Offline
Veteran Member

Registered: 11/15/05
Posts: 724
Loc: Riverside County, California
 Originally Posted By: Paul Oaks
I took one in vegas...nothing like a vegas trip as a tax deductible expense.

Genius...
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Adam Clarke
Commercial and Residential Lending Specialist
access commercial finance
Direct: (951) 318-1162
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#190897 - 01/04/08 06:24 PM Re: How many of you do both Residential and Commercial? [Re: Paul Oaks]
StarkRealEstate Offline
Member

Registered: 01/04/08
Posts: 65
Loc: Nevada, USA, Reno
I have noticed a lot of residential agents in my area don't really understand the commercial markets. With Google and forums like this, it is only a question or two away. However if you don't understand the basics like what a NNN lease is, then it is probably time to work with someone that HAS done the commercial stuff to learn the basics.

It is a pet peeve of mine when other agents are representing their clients' interests and don't really understand the basics about the asking terms.
_________________________
Earl Peterson
Stark & Associates
Commercial Real Estate
Office, Industrial,
Retail & Investment Properties
Reno, Sparks & Northern Nevada
www.starktcn.com

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#190919 - 01/04/08 07:32 PM Re: How many of you do both Residential and Commercial? [Re: StarkRealEstate]
Watermark Offline
Member

Registered: 10/09/07
Posts: 379
Loc: Georgia
Earl,
WHile I agree that google, etc. can give people some technical knowledge that previously would be hard to access, it remains that there is much more to being a commercial broker than how to just calculate an NOI. The Experience to handle immensely complicated transactions and keep all the pieces together to actually get the deal to closing is something that just can't be learned off the internet.

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#191519 - 01/07/08 07:15 PM Re: How many of you do both Residential and Commercial? [Re: Watermark]
StarkRealEstate Offline
Member

Registered: 01/04/08
Posts: 65
Loc: Nevada, USA, Reno
I wouldn't disagree... hence the recommendation to work with an agent that specializes in commercial. I still learn something everyday in this business after doing it (strictly Commercial)for over three years.

However, it helps that I work in an office with mentors rather than adversaries.

At the end of the day it is about servicing the client's needs, but everyone has to start somewhere.


Edited by StarkRealEstate (01/07/08 07:17 PM)
_________________________
Earl Peterson
Stark & Associates
Commercial Real Estate
Office, Industrial,
Retail & Investment Properties
Reno, Sparks & Northern Nevada
www.starktcn.com

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