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#265887 - 12/22/08 11:30 PM leading commercial brokers
WisdomRealtors Offline
Member

Registered: 12/19/08
Posts: 39
Loc: TX, USA
who are the leading commercial brokers out there?
on the national level and if you know of local leaders in the DFW metroplex that would be great.
_________________________
Wisdom Realtors - Real Estate Services for Buyers & Sellers in Dallas, DFW Metroplex, TX
RE/MAX Premier Group.

We will pay referrel fees for the DFW metroplex.

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#270215 - 01/19/09 08:26 PM Re: leading commercial brokers [Re: WisdomRealtors]
WisdomRealtors Offline
Member

Registered: 12/19/08
Posts: 39
Loc: TX, USA
wow, no one has an idea?!
_________________________
Wisdom Realtors - Real Estate Services for Buyers & Sellers in Dallas, DFW Metroplex, TX
RE/MAX Premier Group.

We will pay referrel fees for the DFW metroplex.

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#270267 - 01/20/09 08:09 AM Re: leading commercial brokers [Re: WisdomRealtors]
Troy Richardson Offline
Member

Registered: 05/31/06
Posts: 402
Loc: Bennington, Vermont
It might be more helpful if your request was more specific.

Leading Commercial Broker in what - sales, transactions, number of agents?
_________________________
Troy Richardson
The Richardson Group
RE/MAX Maple Leaf Realty - Commercial Division
Bennington, Vermont 05201
Bennington VT Commercial Real Estate

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#270270 - 01/20/09 08:41 AM Re: leading commercial brokers [Re: Troy Richardson]
El Luchador Offline
Member

Registered: 05/01/07
Posts: 220
Here is a list of the top commercial brokers for 2008 published by Real Estate Forum Magazine, a commercial real estate publication: http://www.reforum.com/topbrokers2008/index.asp

The list breaks down "number of square ft leased/sold", "number of completed transactions", and "total dollar value of leases/sales."

Note: there are two lists - "Leasing" and "Investment Sales." You can view both lists by clicking the appropriate links at the top of the page. I personally know No. 2 on the leasing list - it's an amazing accomplishment for anyone, but especially so considering that he works for a small, independent brokerage. His stats for 2008 were:

125 leases completed
3,375,907 sf leased
Total value of leases - $646,935,450

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#274288 - 02/07/09 09:03 PM Re: leading commercial brokers [Re: El Luchador]
WisdomRealtors Offline
Member

Registered: 12/19/08
Posts: 39
Loc: TX, USA
Thanks El Luchador.

Troy,
i'm looking for the leading firms out there.
if you would ask the same question about residential i would answer Remax, Century21, coldwell banker etc.
_________________________
Wisdom Realtors - Real Estate Services for Buyers & Sellers in Dallas, DFW Metroplex, TX
RE/MAX Premier Group.

We will pay referrel fees for the DFW metroplex.

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#274308 - 02/08/09 12:18 AM Re: leading commercial brokers [Re: WisdomRealtors]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 8391
Loc: georgia
Wisdom what is the fascination with that??

Most big commercial national or worldwide brokerages are reporting big cuts in costs and high losses of revenue right now.

Not much is moving in the market. For a small firm a big sale stil makes them alot of profit. For a national firm there fixed budgets are killing them right now.

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#274322 - 02/08/09 07:16 AM Re: leading commercial brokers [Re: super realtor]
El Luchador Offline
Member

Registered: 05/01/07
Posts: 220
In no particular order:
CBRE
Grubb & Ellis
Cushman & Wakefield
NAI Global
GVA Worldwide
Studley
Staubach
Binswanger
Marcus & Millichap
Colliers
Jones Lang LaSalle

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#274327 - 02/08/09 08:34 AM Re: leading commercial brokers [Re: super realtor]
WisdomRealtors Offline
Member

Registered: 12/19/08
Posts: 39
Loc: TX, USA
super realtor, nothing in particular. I've been thinking on going into commercial in a while and before i do such a move i prefer to study the industry.

It's true that the commercial market is down now but in a year or so it will boom again cause when this is over companies will start recruiting again and they will need space to put all the new employees.

it's better to learn now and join, knowledgeable, when the market changes direction then to go in clueless then.
that's my 2 cents.


Edited by WisdomRealtors (02/08/09 08:35 AM)
_________________________
Wisdom Realtors - Real Estate Services for Buyers & Sellers in Dallas, DFW Metroplex, TX
RE/MAX Premier Group.

We will pay referrel fees for the DFW metroplex.

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#274330 - 02/08/09 08:52 AM Re: leading commercial brokers [Re: WisdomRealtors]
WisdomRealtors Offline
Member

Registered: 12/19/08
Posts: 39
Loc: TX, USA
El Luchador,
i see non of the big residential companies are in your list. are they really not in the commercial game at all?
_________________________
Wisdom Realtors - Real Estate Services for Buyers & Sellers in Dallas, DFW Metroplex, TX
RE/MAX Premier Group.

We will pay referrel fees for the DFW metroplex.

Top
#274337 - 02/08/09 09:59 AM Re: leading commercial brokers [Re: WisdomRealtors]
El Luchador Offline
Member

Registered: 05/01/07
Posts: 220
WR,
Since you were asking for a list of the "leading commercial brokers" that's what I provided. Residential companies, by definition, are not leading commercial brokers. That said, Remax, Coldwell Banker d/b/a CB Commercial, and Century 21 Commercial all have residential foundations but offer commercial services. Also, I know Keller Williams is trying to start a commercial division.

As to whether these residential companies "are in the game" probably varies by region and will depend on the size of the deal. In my area, CB Commercial has a pretty decent presence. Although they are technically part of Coldwell Banker, they focus solely on commercial and operate independently from the local Coldwell Banker residential offices. In my area they do not share an office with the residential offices and their agents do not offer resi- and commercial services. Remax and C21 in my area do both within the same office.


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#274339 - 02/08/09 10:09 AM Re: leading commercial brokers [Re: El Luchador]
WisdomRealtors Offline
Member

Registered: 12/19/08
Posts: 39
Loc: TX, USA
i know they all have commercial division. maybe i should re-phrase: are the leading residential company considered a factor in the commercial scene or their share is irrelevant?
_________________________
Wisdom Realtors - Real Estate Services for Buyers & Sellers in Dallas, DFW Metroplex, TX
RE/MAX Premier Group.

We will pay referrel fees for the DFW metroplex.

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#274342 - 02/08/09 10:16 AM Re: leading commercial brokers [Re: WisdomRealtors]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 8391
Loc: georgia
They do a small share of the transactions.

Commercial is a MUCH more specialized field than residential where big transactional volume corporate clients demand assett class specialists and one stop shopping services for there buying and selling needs.


For the smaller guys selling land along with leasing and smaller corporations,and investors is more likley the client.

If you are going to do only commercial then you wouldn't want a residential firm.

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#274467 - 02/08/09 05:50 PM Re: leading commercial brokers [Re: super realtor]
Troy Richardson Offline
Member

Registered: 05/31/06
Posts: 402
Loc: Bennington, Vermont
I agree that Commercial is highly specialized and while the list of big firms above is impressive, there are also smaller firms that have a good share of the market.

If you are in a large metropolitan area, then that list above might be a place to start looking to start your commercial career, but if you're not in one of those large markets, you may not even have those companies as options.

I'm in Vermont, and I'm in one of the larger cities in the state, with 16,000 people. None of the firms listed above have offices here in town, but the large shopping centers use them for their leasing needs. The rest of the town is up for grabs.

I'm with RE/MAX and our commercial divsion worldwide has 3,618 Commercial Practitioners and 39 offices that are "Commercial Only" while there are 338 firms that have an official and recognized "Commercial Division."

I apologize if this sounds like an advertisement for RE/MAX, I just wanted to get across some solid numbers to prove my point.

I am in a residential office, doing commercial work. I have my own branding, identity and logos - so when driving around town, you can tell by the look of the signs what's residential and what's in the commercial division.

My advice is not to dismiss the residential brokers too quickly, because there is commercial business inside some of those doors.

As with any specialization, you're going to have to spend a lot of time learning, and while very expensive, the CCIM designation will teach you a lot, even after only a few courses.
_________________________
Troy Richardson
The Richardson Group
RE/MAX Maple Leaf Realty - Commercial Division
Bennington, Vermont 05201
Bennington VT Commercial Real Estate

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#274715 - 02/09/09 06:49 PM Re: leading commercial brokers [Re: Troy Richardson]
El Luchador Offline
Member

Registered: 05/01/07
Posts: 220
Troy,
I clicked on your Commercial Property For Lease link on your website and all the text was written in....Latin?! You're really going after a niche market!

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#274729 - 02/09/09 07:25 PM Re: leading commercial brokers [Re: El Luchador]
WisdomRealtors Offline
Member

Registered: 12/19/08
Posts: 39
Loc: TX, USA
[quote=El Luchador]Troy,
I clicked on your Commercial Property For Lease link on your website and all the text was written in....Latin?! You're really going after a niche market! [/quote]

its true!
LOL
_________________________
Wisdom Realtors - Real Estate Services for Buyers & Sellers in Dallas, DFW Metroplex, TX
RE/MAX Premier Group.

We will pay referrel fees for the DFW metroplex.

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