Retail Leasing Strategies for Commercial Property Agents

When you work on retail property as an agent, you will soon see the need to specialise locally.  There is a lot of difference in property performance when you compare retail property to office property and industrial property.  The factors that drive rental, lease enquiry, and property performance are totally different. If you choose to…

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Commercial Property Managers – End of Month Reporting Tips to Landlords

When it comes to managing a commercial or retail property, the landlords that you work with will have specific needs and requirements for the monthly report.  In the monthly report certain things will need to be monitored and tracked to ensure that errors and omissions do not ‘slip through the cracks’. Many a property manager…

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Commercial Property Agents – Do You Have Enough Time in Your Day?

In a busy commercial real estate agency, it is very common to hear that the salespeople are running out of time to get the key issues under control and the daily tasks undertaken.  In most cases, the reality of the situation is that some salespeople lack the organisation and focus to stay on track. Your…

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Commercial Property Leasing Handover

When you lease a property, it is not just a matter of finding a tenant and matching them to a property.  There is a lot more to the relationship and the leasing deal itself.  This is where the professional property leasing agent stands well and truly above the other competitors in the market. So let’s…

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Commercial Property Managers – How to Prepare a Budget for Your Property

When you manage a commercial or retail property, the budgetary process and assessment will be a frequent part of the property performance and monitoring system.  An accurate property budget will help you with the overall property performance throughout the year.  That being said, the budget that is created for a property needs to be completely…

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Technology Tips for Commercial Real Estate Agents Today

Technology in commercial real estate today can be an advantage but also a weakness.  There are so many tools for us to use and yet so many of them are poorly used.  Any real estate agency can then be improved if technology is correctly applied across the business.  Gone are the days of the commercial…

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Winning the Paper War in Commercial Real Estate Agency

Without a doubt, the amount of paperwork that we need to complete every day in the commercial real estate industry is significant.  As agents and salespeople, we need to set some rules regards the paperwork that needs to be done as part of our job.  When you control the process, it will be easier for…

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Commercial Property Agents – Giving the Right Property Solutions to our Clients

In this slower commercial property market, there is a lot of pain and discomfort being experienced by some of our commercial real estate clients and local property investors.  That being said, we as the local agents and realtors are the ‘pain relief’ behind the equation.  We can solve a lot of problems for our clients. …

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Commercial Property Management – Rental Growth Strategies

When it comes to managing commercial and retail property, it is very important to optimise the income for the landlord.  The income for the property should be looked at both individually with separate leases, and across the entire property and the tenancy mix. At the beginning of every financial year, there should be some form…

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Retail Shopping Centre Managers – Anchor Tenant Leasing Strategies

In larger retail properties today, you need a quality anchor tenant that is location based.  They have to be closely aligned to the local community and the demographics of the area.  For this reason, leasing managers and property managers should select anchor tenants well and ensure that the anchor tenants will build a customer base…

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Retail Centre Managers – Tips for Improving Shopping Centre Performance

Retail property performance is a fine balance of a number of relationships between the tenants, the landlord, and the community.  When the balance is correctly established and maintained you can see the retail property and the tenants thrive. In pressured times like that of today where retail trade is impacted by the internet and economic…

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Time Management Skills for Commercial Property Agents

One of the biggest problems in commercial real estate agency is getting organised for your business day and keeping to your time management plan.  So many things happen every day as an agent that can easily distract you; distraction leads you down a path that generally wastes your time. Your commission and your quality listings…

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Goals and Targets for Commercial Real Estate Agents and Realtors

One of the significant problems in a commercial real estate team today is the lack of goals or the focus of individuals on previously set goals.  Goals are commonly set by the team leader for both the team and the individuals on a yearly or quarterly basis.  In many cases the personal goals are simply…

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Commercial Property Managers – Strategies to Improve Commercial Property Income

In commercial property management, the process of income improvement is fundamental to the performance of the asset for a property investor.  There are many ways the income for a property can be improved; the greater number of tenants in a property, the easier the process is.  If you have a single tenant, then your options…

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How to Create a CRM Database in Commercial Property Agency Today

In today’s marketplace the Real Estate  Agent needs to be technologically supported as both an individual and an  office.  Good database software is the  only way to support ongoing customer relationship management and control your  accounting processes. Whether your office is focusing on property  Sales, Leasing, or Property Management, you will need database software to …

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