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Commercial Real Estate
According to industry trade groups, there are more than 150,000 commercial real estate professionals in the United States. Choosing the right commercial real estate professional to assist with purchasing or leasing business office space is an integral part of business success.
Here are a few of the criteria that Goldline Research uses when evaluating a dependable Commercial Real Estate Professional:
- The number of years of experience
- The range of services offered (e.g. buyer/tenant representation, seller/owner representation, financial analysis, market analysis, investment analysis, project management, etc.)
- Advanced certifications and/or training held (e.g. CCIM, SIOR, etc.)
- Licensing (local, state, federal), if applicable
- The number of transactions in the last 12 months (lease vs. purchase/sale)
- The number of transactions in the professional’s history (lease vs. purchase/sale)
- The total dollar volume of transactions closed (lease vs. purchase/sale) in the last 12 months
- The total dollar volume of transactions closed (lease vs. purchase/sale) in the professional’s history
- The average dollar volume of transactions closed per year (lease vs. purchase/sale)
- Geographic service area (e.g. specific neighborhoods, cities or regions)
- The number of active clients (lease vs. purchase/sale)
- The number of total clients (lease vs. purchase/sale)
- An analysis of any client additions in the last 12 months(lease vs. purchase/sale)
- An analysis of any client losses in the last 12 months (lease vs. purchase/sale)
- The quality of client references
- A review of any outstanding lawsuits, grievances and/or com plaints against the firm/professional
- The firm’s/professional’s key differentiators