Sources of Market Intelligence for Commercial Real Estate Brokers

In commercial real estate brokerage you need high quality market information to produce the right recommendations for your clients and prospects. Where you get that information from and its accuracy will be very important. Can you trust your sources? Do you know that the information is accurate and not based on ‘hearsay’?During an average year in property investment, all of the following factors will change quite a few times:
The levels of inbound enquiry for property purchasing
Tenant enquiries for new premises
Rent and price ranges
The supply and demand for local quality property
Negotiation factors in any contract or lease
Government policies impacting property
Local market conditions
Activities and sentiment from the local business community
Transport and other local demographic issues
Competing properties
Time on market
Seasonal selling cycles

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A good real estate agent or broker has to stay on top of these issues. To do that you must capture and share the right market information with key people. Quality information from the market will help you win better listings for sale or for lease.So let’s look at where you can get accurate market knowledge and information that you can use. Try some of these ideas:
I would start at the local planning office. Just about every sale or lease will be impacted by shifts in property planning activity, new projects, and future supply of quality property. Each month visit the planning office to see what properties are being considered for change or new development. They will have an impact on price, rents, and incentives. They will also impact methods of sale or lease.
Monitor the completed sales and leasing activity. You can get that information from industry sale reports and fellow agents. On that basis it pays to be on ‘positive talking terms’ with some of your professional competitors. Choose some good agents to share information with.
Watch the listings coming on to the market. Asking prices and rents will be visible in the internet advertising.
Understand the methods of sale or lease that work for the different property types. The improvements in a property will impact the target market and your inspection strategies.
Inbound enquiries to your office from buyers and tenants will have trends and factors that you can monitor. To lift the levels of inbound enquiry you can focus on ‘vendor paid marketing’ on all of your quality properties. Practice your presentations and listing pitches to get those funds.
Professional Property Valuer’s and Appraisers will have plenty of industry information for you to tap into; they will only do that if you share information with them.
Some very active quality clients will have information for you to consider from recent deals and property promotions.

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So the message here is that you can ask questions of the right people to get on top of the trends of prices and rents in the local property market. Get to know the right people and share information ‘both ways’.

Many Online Income Solutions Are Available For Making a Living From The Comfort of Your Home

The world as we know it today has become an extremely small place. This is primarily due to the way the Internet has expanded. People are able to be in one continent and have business associates and clients in a totally different part of the world. This has also opened the door for many online income solutions. It is possible to generate an income from the comfort of your home equipped with a computer and a live connection to the Internet. The types of opportunities are endless.WritingThe Internet has become an extremely good hunting ground for online writers. They are able to tap into many resources. These range from freelance job boards, sites that pay you to write, blog sites, and so on. You just need to do a search for writing jobs on one of the major search engines.

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Virtual AssistantThere are numerous online income solutions for virtual assistants. Many companies out there use the Internet as a primary business vehicle. Sometimes they need someone to assist with various administrative or organizational tasks. Being online, it is not necessary to have someone local. It has become common practice to advertise for virtual assistants. Such appointments often require a few hours of service a week from your home.BloggingIf you have your own website or blog, it is possible to earn money from the selling of products. Many vendors of various services and products have affiliate programs. Site owners can apply to be part of such a program. The vendor will supply a link to a specific product or service they sell. As a site owner the link is embedded into your web page. Every time people visit your site and make a purchase via an affiliate link, the vendor pays you a commission. This a way of earning a passive income without doing anything.Web DesignWeb page design and creation has become a huge industry. One of the nice things about this niche is that it is possible to do business from anywhere in the world. It is possible to interact with clients, irrespective of their location. You just need to market yourself well and provide an excellent product.Computer ProgrammingComputer programmers are found in many places around the world. Some software companies who are Internet savvy use this to their advantage. They advertise jobs to freelance programmers, irrespective of their location. Programmers who have the skill and desired level of knowledge can make a living doing what they love from their home.

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Data Entry JobsData entry is another way of earning some money online. Companies often conduct studies which generates different types of data. They often look for online workers to perform the data entry for them. These types of jobs are often extremely easy to do and in most cases full details are provided. Some companies pay successful applicants handsomely.The Internet has opened the door for the development of many online income solutions. A huge number of skills are required by employers who scout online for suitable candidates. This makes it possible to find the perfect job and earn a living from the comfort of your home.