Commercial Real Estate Blog

When managing or selling a commercial property, a commercial real estate agent can not only save you plenty of time, but their expertise can help you get the best deals possible. A commercial real estate agent will “create and update listings on the various commercial real estate listing services, field phone calls and emails from prospective tenants or their agents, show the property, handle a negotiation, and facilitate a closing whether that be preparing and executing a lease document or managing an escrow through its process,” all so you don’t have too (Top 5 Reasons To Hire a Commercial Real Estate Professional). Especially if you are new to commercial real estate, an agent can navigate the world of selling and/or managing your property with more confidence and ease. While this article will focus on landlord representation, much of this can apply to a tenant or buyer’s representation as well.

Commercial inspectors have varying methods they can use for pricing inspections. In this article, we cover the most common pricing models and strategies used by commercial property inspection companies as well as the pros and cons of each. Finally, we present 5 important reminders when hiring a commercial inspector.

The simple difference between commercial real estate agents and residential real estate agents is in what kind of properties they work with. However, each group has some specific responsibilities that come with the job. A residential real estate agent works with residential properties.

Structural engineering is under the umbrella of civil engineering. Civil engineers work on projects that combine the natural and man-made world, such as dams, roads, pipelines, and railways, but also commercial buildings; public works that people use. Civil engineers and structural engineers make the world go ‘round, as they are behind the buildings and amenities that you use every day.

When it comes to choosing someone to conduct your commercial inspection, it’s incredibly important to find someone who has extensive technical knowledge of the unique structures and systems of various types of commercial buildings, is properly certified by an accredited organization, and is up-to-date on all codes and ADA compliance. It’s also critical to find an inspecting team that has a proven track record of being trustworthy, reliable, transparent, and fair.

CCPIA is 501(c)(6) nonprofit organization and federally tax-exempt membership trade association for commercial real estate inspectors. CCPIA provides online training and resources to help its members become even better commercial inspectors. CCPIA provides up-to-date industry news, online classes and workshops, marketing and business tools, and a member’s directory for consumer and professional use. Members are from across North America and they all adhere to the International Standards of Practice for Inspecting Commercial Properties (ComSOP).

Residential properties and commercial properties are different, and the knowledge needed to professionally inspect both types of buildings aren’t always transferable. You can’t just do a home inspection on a commercial building, or vice versa. This is because the standards of practice are different for commercial and residential inspections.

The Coronavirus/COVID-19 pandemic has changed all of our lives for the time being, and has taken a toll on every industry in the United States. The reported first Coronavirus case in the U.S appeared in January, and in March most of the country went into some form of lockdown or stay-at-home order.