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All Forum Posts by: Michael Heller Chu

Michael Heller Chu has started 1 posts and replied 5 times.

Thank you very much, Henry and Joel. I appreciate the insights. 

Quote from @Erik Estrada:
Quote from @Michael Heller Chu:

Hi everyone, 

I have a group of people who are interested in investing in commercial properties in my area. However, this will be my first time as the Operator on a CRE investment. What is the thinking on whether a first time Operator/Investor should sign an exclusive agreement with a commercial broker? I have a broker in my network who is highly competent, does a lot of volume in the CRE space in my location, and will help me underwrite the deals I'm considering. I find this all to be incredibly valuable.

At the same time, I might be limiting myself by being in an exclusive with a broker. 

For someone in my position, is there a consensus on whether it would be better to sign an exclusive with a seasoned broker or go it alone? 

Thanks so much for your input! 


 Put yourself in the agent's perspective. Will I dedicate 100% of my focus to a client that is working with other brokers, or focus on the clients that I am exclusively representing? Imagine spending months working on deals only to find out that the investor signed with a deal with another broker. 

I would imagine the only people that would sign up for this are relatively new brokers. And would you want to work with someone that knows less than you? 

Thanks a lot for the perspective, Erik. All good points. 

Thanks, Taylor L. These are good points. 

Hi everyone, 

I have a group of people who are interested in investing in commercial properties in my area. However, this will be my first time as the Operator on a CRE investment. What is the thinking on whether a first time Operator/Investor should sign an exclusive agreement with a commercial broker? I have a broker in my network who is highly competent, does a lot of volume in the CRE space in my location, and will help me underwrite the deals I'm considering. I find this all to be incredibly valuable.

At the same time, I might be limiting myself by being in an exclusive with a broker. 

For someone in my position, is there a consensus on whether it would be better to sign an exclusive with a seasoned broker or go it alone? 

Thanks so much for your input!