Commercial V.S Residential

[Jonetta Tejada]

Hey Everyone,

I have more and more clients looking to convert to the commercial market from primarily focusing on single-family investments. As an investor agent myself, broadening my spectrum is essential.

My questions are directed to the larger commercial deals.

What are some crucial systems you all have put in place to educate clients throughout the deal process in the commercial realm?

When sourcing commercial deals what are some major things that make are break the deal in the commercial realm?

Thank you for you expertise in advance!

Warm Regard,

Jojo Tejada

[Nathan Gesner]

In my opinion, this is a terrible time to get into commercial. I'm seeing businesses close down due to COVID. A lot of companies learned they can let employees work from home. One business owner currently pays $12,000 a month to lease his office and he's seriously considering leaving the employees at home and downsizing to a $1,000 a month office for just a few critical employees.

I also think the worst is yet to come. Brick and mortar was already suffering because of Amazon and I think it will get worse once the government grants and loans dry up this summer.