Product Description

How to Succeed in Commercial Real Estate is a comprehensive, practical book for those considering entering the field of commercial real estate, those just beginning in the business, as well as experienced brokers and sales managers who want to evaluate and strengthen their current strategies—especially those related to listings, negotiations, contracts, and sales.

The author provides a straightforward overview of the business of selling commercial property, including coverage of the four main specialty areas -retail, office, industrial, and investment—as well as crossovers and emerging specialties. Rather than pumping a "get rich quick" approach to selling, the author shows brokers that they don't have to sacrifice integrity and ethics to remain competitive and deal oriented. The book includes detailed coverage of

• Choosing a company and a specialty that's a good fit for you.
• Sales strategies and sales points specific to commercial real estate, including practical suggestions for countering other brokers.
• The importance of focusing on exclusive listings, how to find and get the best prospects, and the most effective strategies for marketing the property.
• Standard parts and points of negotiation for contracts and forms, including earnest money agreements, leases, options, listings, counter offers, and fee schedules.
• Rent and how it is calculated and quoted, including triple net, modified net, gross, and full service leases.
• Technical knowledge including agency, law, appraisal, taxation, zoning, surveys, environmental investigations, investment analysis, risk comparison, exchanges, financing, and property management.
•The pros and cons of going independent and how to decide if it's the right move for you.

Written in an engaging, straight-talk style, the author shares a wealth of other practical knowledge reaped from 30 years in the business.

Product Details

• Amazon Sales Rank: #21270 in Books
• Published on: 2004-10
• Number of items: 1
• Binding: Paperback
• 316 pages

Jay Jacobsmuhlen, SIOR, Lance Denning Properties, Inc.
"A good basic introduction for anyone considering becoming a commercial real estate broker. The author has an entertaining writing style."

Gene Bentley CCIM, Associate Vice President, Norris, Beggs & Simpson
Where was "HOW TO SUCCEED IN COMMERCIAL REAL ESTATE" when I started in the business? It cuts to the chase.

Jay Jacobsmuhlen, SIOR, Lance Denning Properties, Inc.
"A good basic introduction for anyone considering becoming a commercial real estate broker. The author has an entertaining writing style."

Customer Reviews

The book was okay
This book was well written and had some solid information, but I felt it lacked detail. The book spends a lot of time talking about salesmanship and very little time really explaining the details of either evaluating or negotiating commercial deals. Honestly, I really liked Loren Keim's book The Fundamentals of Listing and Selling Commercial Real Estateand John Peckham's A Master Guide to Income Property Brokerage : Boost Your Income By Selling Commercial and Income Properties , 4th Edition better. Both went into detail on where and how to find clients, particularly online, and both did some detailed explanations of evaluation techniques, pricing strategies and understand the terminology.

Terrific book for any broker
This should be a must read for any beginning broker, and it should be a skills improvement book for any experienced broker.

Great book for a primer on commercial real estate
Don't be mislead by the introduction to the author at the start of the book. The author appears to have been a professional student in his younger days, who had no idea what he wanted to do in life. He has two liberal art undergraduate degrees from two different colleges with a major in philosophy, then he started to work in his dad's commercial real estate firm. I thought oh boy! Do I really need to waste my time on this book?

The book is an excellent primer for those who might be interested in selling commercial real estate. It would even be a worthwhile read for most residential RE agents. It covers many areas which could transfer knowledge to residential agents. While I can see some of the reviewers would be disappointed because it includes many basics in real estate a person considering entering the field should know and gives them a feel for what it's like to work in the field. The author has a variety and good understanding of the entire field of commercial RE, as has had many management positions within the field. What more this isn't book written by someone who has never been in real estate. There are plenty of those books in the market place. Likewise this is not a book about how to get rich quick, which are plentiful in the market place.

Is the book general - yes! Is it informative - yes! Is it interesting reading - yes! If you're a pro in commercial real esate with over ten years experience it's not the book for you.