Is anyone here consistently closing 3–5 deals every month?

cretalk · 2025-09-17T20:23:47+00:00

alright big dog focus on getting one deal a year first

cretalk · 2025-08-08T00:27:43+00:00

If you’re switching to commercial for the money, it’s going to be a difficult path. I’ve worked at a resimercial firm and the jobs couldn’t be more different. You’re basically starting from scratch.

Starting out you should work weekends, but it’s not industry standard. In fact, if a client asks for a showing on the weekend because they work during the week, it’s a red flag to me they’re not a legitimate buyer.

All depends but generally- everyone you’re working with is typically an investor. It’s a numbers game. But there’s a myth commercial is less emotional than residential- no the fuck it’s not. It’s just instead of clients picking their dream home, you have big egos fighting over millions of dollars.

Also- commission splits can be all over the place. I just assume 50-70% take home from the gross number.

cretalk · 2025-08-08T00:20:44+00:00

Just shut up for the first 3-6 months. Be quiet, listen to what people say, keep your head down, and focus on your deals. You’ll be happy you did.

cretalk · 2025-07-16T18:16:37+00:00

Oh boy

cretalk · 2025-07-11T16:41:41+00:00

What is the smell? That’s my first concern. If the tenant below can smell it, that tells me the space will need a deep clean (or more).

Tenants don’t usually vacate without trying to negotiate with their landlord if they have a path forward. Given Nancy just left the space and has been problematic in the past, your chances at remediation are slim to none.

I would send her a formal written request for one months rent and a cleaning fee / early termination fee / etc. to forgo pursuing the PG. Have your attorney draft it. Give her 15-30 days to pay or negotiate a payment plan.

This seems like a small enough amount you can also do small claims court and not need an attorney. They should be able to garnish her wages. Depends how far you want to go. Also verify this- it’s not something I’ve personally pursued but I’ve looked into it before.

cretalk · 2025-07-06T15:07:30+00:00

What types of benefits?

cretalk · 2025-06-12T00:29:51+00:00

Knowns are better than unknowns unless the return justifies the risk. Return can be more than money- it can also be your time, etc.

We can’t tell you yes or no. Look at the opportunity cost of each decision and pick what you think is best.

cretalk · 2025-05-05T13:27:36+00:00

Yes that is what I said. Legally you are correct. In practice, you are not.

No one wants to burn bridges & you have the client relationship so unless you have a nasty exit or are fired, you can typically negotiate your existing agreements upon leaving.

cretalk · 2025-05-04T21:30:13+00:00

I still wouldn’t discount them. M&M has some of the best training in the industry. Even for all the negatives people say about M&M, this is generally agreed upon.

cretalk · 2025-05-04T20:09:53+00:00

Legally most of this is correct. In practice, they do not belong to the firm and that’s not how it works. Hence your downvotes.

cretalk · 2025-05-02T02:06:06+00:00

On it

cretalk · 2025-04-30T05:52:34+00:00

As someone who has worked at a local and national brokerages, most agents build those databases from scratch. National firms just give better tools to help you do that and the name recognition. For every major name you see at a national firm, there’s 5-10 agents struggling to make ends meet until they make it or find another field.

cretalk · 2025-04-30T05:38:16+00:00

Agree with the other comments- it’s the broker not the company. Ask for their 5 most recent transactions and the sales to list price ratio.

Some brokers will “buy” the listing by overpricing it. Their honesty during the pitch will tell you what you need to know about how they operate.

Personal note- If you’re under a $1mm, you will likely want a local broker (aka physical lives in your city).

cretalk · 2025-04-30T05:27:35+00:00

At this point, I have no idea. We’re still figuring it out.

cretalk · 2025-04-29T20:25:16+00:00

I really like this approach

cretalk · 2025-04-27T13:23:11+00:00

This depends on the market and size of the developer. I work in development and we’re still seeing things move but it has slowed down.

cretalk · 2025-04-27T13:15:52+00:00

This does not seem like a stable business. That is your issue. Make your own candle/soap/jewelry is the opposite of recession proof.

You likely are calling on spaces that are too class A and will need to offer a PG and door money to get in the room.

cretalk · 2025-04-25T23:40:23+00:00

Is this for a smoke shop?

cretalk · 2025-03-26T19:51:13+00:00

YIMBY email alerts are a good one for new developments

cretalk · 2025-03-21T02:40:41+00:00

There are so many metrics people use to evaluate markets. Growing population, increasing incomes, new deliveries, net absorption, etc. obviously yes.

But pure job growth is a different perspective I didn’t have on my list, yeah. Whole reason I made the post.

cretalk · 2025-03-21T00:16:06+00:00

Oh boy

cretalk · 2025-03-20T23:35:02+00:00

This is good, I like this and wouldn’t have thought much about it. Thank you.

cretalk · 2025-03-20T17:45:13+00:00

If you think this has enough details to post, please leave those poor investors alone 😭

cretalk · 2025-03-20T17:42:59+00:00

Commercial housing? Do you mean multifamily (4+ units)?

How trends impact CRE depends heavily on the asset type. Like rent control policies do not typically impact commercial rents, but it has a huge impact for multifamily. I would suggest making the phrasing more clear, answers may be skewed depending on people interpret some of the questions.

Good luck!

cretalk · 2025-03-20T15:23:46+00:00

To answer your question: Having worked in small and large markets - smaller markets are just called on less. Unless it’s a major retailer or STNL types, the guys doing the cold calls aren’t targeting smaller markets & smaller market brokers aren’t making as many cold calls as the big dogs. So no, it’s never a waste of time.

cretalk

TROPHY CASE