True or False? Industrial Real Estate Agents Only Show Their Own Listings0

Posted by Thomas Miller, CCIM

This is part of our ongoing series that debunks commercial real estate myths.

Myth #5: “Hiring an agent for my commercial real estate deal will just limit me – everyone knows industrial property agents only show their own listings.”

Industrial Real Estate - Reno NevadaThis myth is dead wrong, but there’s actually only one reason why – and it makes perfect senses when you think it through. All agents want to make a commission. Period. There is no debate over this fact. When a prospect and an agent team up to find a real estate solution, there is a significant amount (or at least there should be) of time and effort the agent puts forth in proper due diligence, which is included but not limited to:

  • Locating all potential locations that meet the client’s needs and assembling them into an easily understood format
  • Assisting in the vetting process, gaining additional data, setting a property tour and touring the properties
  • Assisting in developing the short list and obtaining landlord pricing and terms to meet the client’s needs
  • Analyzing this returned information and presenting it in an easy to understand format
  • Assisting with the lease draft and helping negotiate the lease points
  • And the list goes on and on

Hopefully, completing these tasks successfully leads to some sort of a payday for the agent.

Real estate services are one of the few industries in which a professional engages his expertise, experience, his office staff and resources, his time, effort and his own money to serve your needs in the HOPES he can earn a fee. He has no guarantees. And this means he wants to be in a position to maximize his chances for success, which translates directly to exposing you, the client, to every potential real estate solution that is available. To do anything less is to jeopardize his chance to make his fees. And that simply won’t happen.

Have a commercial real estate question? Post your question in the comments and we’ll answer it with a post on our blog. And if you’re considering the northern Nevada market and want to explore our local industrial real estate options, browse our many current listings via our homepage.

Our posts are intended to educate commercial real estate users so they can make better decisions in their real estate use, investments, buying and selling. We encourage your input and commentary. If you are enjoying these posts and finding them useful, help spread the word via Facebook, Twitter, LinkedIn, Google + or email with the buttons above.

AES Industries Moves Facility to Reno Nevada0

Posted by Thomas Miller, CCIM

a manufacturer of roof curbs and drop box diffuser systems based in Tallassee, Alabama moved their operation to Reno, Nevada
(Reno, NV) AES Industries, a manufacturer of roof curbs and drop box diffuser systems based in Tallassee, Alabama moved their operation to Reno, Nevada from Yerington.

Their products will serve clients in the 11 western states. AES had a long list of requirements for their new facility and Carole Brill of Miller Industrial Properties located the right fit for them at 14325 Mt. Lola, Reno, Nevada, a 9,600sf industrial building on 1.5 acres. The seller was Verdi Investments LLC.
Carole Brill - Miller Industrial Properties

Carole Brill
Vice President
W – (775) 828-4665 X14
C – (775) 338-3844
F – (775) 828-9503
Email: carole@mipnv.com

Our posts are intended to educate commercial real estate users so they can make better decisions in their real estate use, investments, buying and selling. We encourage your input and commentary. If you are enjoying these posts and finding them useful, help spread the word via Facebook, Twitter, LinkedIn, Google + or email with the buttons above.

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