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What is a Commercial Broker?

By Colby Goetz
September 22, 2017
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A commercial broker has a skill set, training, and certifications that are specifically tailored to commercial realty. They often operate very differently from a residential realtor that you might find if you were to search some of the Top Realtors in Toronto or other locations you might choose. Here’s what sets a commercial broker apart:

A Commercial broker knows his/her communities.

A commercial broker’s job is to know their community backwards and forwards. They know the intimate details of every neighborhood, strip mall, and commercial industrial space. A commercial broker has relationships with business owners, tenants, and landlords and often work with other brokers, such as this Austin business broker, in order to make a business thrive. They invest countless hours in understanding community dynamics and demographics so they can most effectively meet their client’s needs.

Commercial brokers are well educated.

An excellent commercial broker will be highly educated in finance, statistics, economics, and business administration. They need years of successful real estate experience under their belts, before they move into the commercial market. And they need to be CCIM certified. CCIM stands for Certified Commercial Investment Member. That means they are a recognized expert in the disciplines of commercial and investment real estate. This designation is awarded by CCIM Institute. Of the 150,000+ commercial real estate professionals in the United States, only about 6% hold a CCIM certification.

Commercial brokers are expert negotiators.

Commercial brokers spend their days building relationships, connecting with their communities, and negotiating the best possible outcomes for their clients. Commercial brokers know how to negotiate effectively while still maintaining positive relationships on all sides of the deal. At best, negotiating can be a stressful experience if you aren’t well seasoned in the process. Utilizing the skills of a CCIM certified commercial broker can save you time, money, and countless headaches.

Commercial brokers can cut through the legalese.

Brokers such as those from Central Valley Real Estate Pros (click https://centralvalleyrealestatepros.com for more details) are exceptionally trained in all the legalities of commercial realty. They can take the guesswork out of their client’s lease agreements and paperwork by translating the thickest legalese into laymen’s terms and making sure all parties come to a thorough understanding.

Commercial brokers are realtors that are uniquely equipped to meet your commercial real estate needs. Working with the right broker will help you get the ideal property you’ve been looking for. Contact us today to speak to a great commercial broker!

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