When you work in commercial real estate agency and property investment, you soon start to understand the high value of good tenants in a property investment. It’s in volatile and tough leasing markets like these that the pressure raises and the tenants that you have in the client’s property are just so important.
The reality of all this is you can make a lot of commission for yourself as a real estate agent in this market, if you work the leasing churn and the business tenants that need or want to move. Sure, sales are a bit slow and tough, but leasing is really active. Businesses are on the lookout for good premises to pick up and move to where they can improve their net position. Some businesses need to move and they need help.
Need to make some commission today? Start working the leasing market; you can go back to sales when times allow, but right now start picking up on the leasing of your local business community. Here is where you will find tenants:
- Call down the business telephone book for your area
- Work the businesses in the local streets by dropping by and leaving your card.
- Look for owner occupier businesses that want to sell and get their hands on some cash from the sale. Do a sale and lease back.
- Talk to more people locally.
Commercial real estate is not that hard; it is just requires knowledge of the local area and your ability to talk to many business owners and property investors in an ongoing and consistently relevant way. Quite soon the market will become friendlier for you.
My name is John Highman, check out some more of my ideas and tips for commercial real estate salespeople at http://www.commercial-realestate-training.com/