Getting Started in Commercial Real Estate in Today’s Modern Economy Many Opportunities Exist

Posted on: Thursday, October 12th, 2017, under Commercial Real Estate, Development.

Commercial real estate deals often take a lot longer than residential transactions, but each deal is (often) much more lucrative. Commercial real estate is a varied segment that encompasses so many different types of properties: shopping centers, office buildings, warehouses, and lots more.

There are many avenues to explore if you’re a newcomer wanting to get started in commercial real estate. You have to figure out which approach to take and then take the steps to get your career rolling.

Career Opportunities

Considering a commercial real estate career? There are three main paths to take to make it happen.

Commercial Brokerage: You represent buyers or sellers in commercial property deals. They usually work as independent contractors and may specialize in a certain type of commercial real estate, like retail, office, or industrial.

Development: Devolopers work to purchase land and build something on it. It’s up to the developer to arrange financing, hire architects and contractors, negotiate tenant leases, and supervise the entire project.

Property Management: Once properties are purchased and developed, property managers tackle the day-to-day operations, including staffing, repairs, maintenance, and .

Ready to Get Started?

If you’re ready to get involved in commercial real estate, it may be difficult to know where to start. Follow these steps to start networking and get your career :

  1. Make a list of everyone you know in commercial real estate. Then, ask your friends and relatives to do the .
  2. Start making calls. First call the people on your list. Ask if you can about 20 minutes of their time to learn more about the industry.
  3. Visit with CRE professionals. Talk about how they got started and ask for advice for newcomers. Get them to talk about the industry and suggest industry publications that you can read to learn more.
  4. Read up on the industry. Visit industry-specific websites and do some research on the industry and your specific market. Also, attend some local commercial real estate classes—you’ll learn a lot and meet some new .
  5. Find opportunities. Learn about CRE compensation structures and consider what type of opportunity you’re most interested in and how much salary you need to .
  6. Start applying for positions. Once you’ve narrowed down what you’re looking for, start the serious job search. Contact CRE professionals who you’re most interested in working with. Most organizations don’t have job openings, but create slots when need or opportunity arises.
  7. Explain what you can offer. Companies are most interested in what they will gain.

Many opportunities exist in commercial real estate. You just have to know what you want and where to look—and, you have to be persistent and do your .

6 Reasons Startups Should Purchase Commercial Property: Buying property comes with many advantages

Posted on: Tuesday, October 10th, 2017, under Commercial Real Estate, Real Estate Investing.

Bob Samii

If you’re a startup founder, raising capital and getting your business off the ground the first major hurdle. There are countless decisions that need to be made daily in order to bring your product or service to market. One decision that is often overlooked, at least until they are later stage startups, is whether to rent or buy your office space.

Most startups don’t think twice and jump immediately into the rental market. But there are some distinct benefits that buying commercial real estate offers and renters miss out on. The best way to make the decision is to decide what you can handle both short term and long term. Consider your individual real estate market and the stage of your business.

Here are six reasons that as a startup, you should opt to purchase your office space rather than rent it:


  1. You Get to Be the Landlord. Being your own landlord has its advantages. You don’t have to worry about your rent going up or lease agreements changing. Plus, you set all the rules. You can change the property however you see fit without having to ask for anyone’s permission. You can renovate the space or rent part of it out for additional cash flow. You can shape your space to fit your brand, your ideas, and your team.


  1. It Costs More to Rent. In some markets, the cost of rent exceeds the cost of purchasing property. You may be able to actually lengthen your runway by investing in your office space. That’s why we recommend that you carefully examine your individual market and weigh the pros and cons of buying versus renting. Look at the numbers from both a short-term as well as a long-term perspective. Buying property is almost always a better long-term investment and it may be better for your company in the short term as well. (ahem, you could save on moving costs down the road, too).


  1. You Can Focus on the Long-Term. There are two main reasons most startups go straight to renting: they don’t want to be distracted from their main mission and their investors didn’t fund them to get into real estate. So if you’re trying to grow users to get to your next funding round, it probably isn’t a good idea add any commercial real estate to your balance sheet. But, if you have the time and energy to take it on and are able to look 5+ years into the future, it starts to look like a good idea.  


  1. Cash Flow Isn’t a Problem. When you’re cash flow positive (or are growing quickly and can easily attract investors), there are distinct advantages to owning rather than renting. Buying property is a long-term investment that allows you to build equity, which you can use as collateral for future growth. Commercial real estate appreciates in value, so if you choose to sell in the future, you could potentially make a solid return on the property. And, if you invest in a larger property and can attract tenants, their monthly rental payments will be a nice, steady source of income.


  1. Tax Benefits Exist. Tax benefits are available to businesses that invest in commercial real estate. As a property owner, you can receive tax deductions for property taxes, mortgage interest, and other costs associated with purchasing and managing the property. And if your business grows too fast and you outgrow your space, you can use a 1031 exchange to upgrade your space without paying taxes on increased value.


As a startup, the decision to buy or rent office space is tougher than many think. We get it. But it’s important to know your options. You may just be surprised at how purchasing your office space could be more cost-effective and while contributing to your ongoing success.

Why You Should Add Video to Your CRE Listing: Video paints a true picture and drives leads

Posted on: Wednesday, October 4th, 2017, under Commercial Real Estate, Marketing.

Bob Samii

Commercial real estate listings are all about the visuals. High-quality photos are obviously essential, but adding a video to your listing takes it up a .

A video walk-through gives prospective buyers or leasers a real-life perspective of the property. It provides much more detail and description of the building than photos alone  can. Viewers can see how rooms connect and get a better idea of the layout.

If you’re not using video in your listings, here are some reasons why you should.

Video Traffic Keeps Growing

YouTube is the second-largest search engine, behind Google. Websites with properly optimized video will rank higher in search results, which means more people will find you. Mobile videos are even more of a traffic driver. Online video will represent nearly 70% of all mobile traffic in 2017. Videos are among the shareable content. Listings with video will be more likely to be shared.

Video Better Conveys Information

People often prefer videos over text and photos these days. Most people don’t like to read and digest information. You can convey more information with video in less time than you can with text, and people are more likely to remember what they’ve seen in videos. So, you can provide all the information that potential leads need in a shorter timeframe, which they will appreciate.

You’ll Create Better Visuals  

Consumers respond to video. Letting them visualize the space in a real way, where they can see the true sizes of rooms and how they connect, increases their level of interest in the property. Videos tell a property’s story, as well as the story of its surrounding neighborhood.

A video paints a true picture. Just make sure your video is high quality, and hire a professional to get it right. Proper lighting, good pacing, and a steady picture will get the listing the attention it deserves.

You Can Establish Yourself

Consistently creating video for your commercial real estate listings can help establish your CRE business and you as a major player in the industry. Make sure you make an appearance in the video to introduce the property and talk about its features. It shows that you are innovative and creative, and it can help you grow your sales in the future.

Videos generate potential leads for your property, increasing the likelihood of a quick sale or lease. It can also help raise your company’s profile. When planning your listings, start making video an integral part.