Blog
How do commercial real estate brokers get paid?
Commercial real estate brokers get paid a commission on the deals they close. These commissions are paid for by the landlord or seller, no money comes out of your pocket. The commission fee is built into the deal and the full amount will get paid to all brokers involved. That means if you do not have someone representing you, the entire commission amount will go to the broker representing the landlord or seller. Do not think that you will get a better deal if you don’t have a broker, because you won’t. The entire commission amount will be paid, it will just go to the landlord or seller’s broker. It would be in your best interest to have your own representation. Commission rates are negotiated and it is illegal to set an industry standard, but can range from 2-8%. For leases it is based on the total rent over [...]
What is a CCIM and why it should matter to you.
What it is.* CCIM (Certified Commercial Investment Member) is a designation that recognizes the leading experts in commercial real estate investment. It is achieved by those who have proven they are leaders in financial/market/investment analysis and negotiation. A CCIM is earned through advanced coursework, passing a comprehensive exam, and demonstrated experience in the industry. This self-paced program typically takes between one to three years to complete. Why it’s a big deal. The CCIM designation is an elite group of professionals, with only an estimated 6% of industry professionals holding this title. The professionals who go through this process are committing to becoming a leader in their profession. They are committing to: An extensive, 4-course curriculum Ethics course Negotiation training Other elective courses as needed Two days of pre-exam course review Full day final exam Submitting a comprehensive portfolio What this means for our clients. Regent Real Estate has two CCIM [...]
2019 – what a year!
2019 – what a year! Thank you to all the clients that allowed us to help them with their real estate needs. Whew! 2019 was a busy year for Regent Commercial Real Estate, with 333,136 square feet of deals done with an aggregate value of over $19,000,000. We helped clients in North and South Carolina, Alabama, and Florida. 255,558 square feet of industrial leases 36,000 square feet of industrial sales 22,335 square feet of retail leases 19,243 square feet of office leases As you can see, our commercial real estate specialists are experienced in buying and leasing all types of commercial real estate. We offer personalized solutions regardless of your size or use. Building long-term relationships with our clients is what we do. We are not a one and done real estate firm. We take the time to get to know our clients and understand what their real estate goals [...]
Regent Commercial Real Estate is pleased to welcome new team member, Barrett Fowler
Barrett brings over a decade of experience in multiple facets of commercial real estate, including development, finance and corporate real estate. Prior to joining Regent Commercial Real Estate, Barrett served as the Transaction Director for CBRE on the Regions Bank account where he managed a team of brokerage professionals responsible for office, retail, and ATM transactions across Regions’ 16-state portfolio. He also held various and progressive roles in Bank of America's corporate real estate group. Barrett specializes in and advises clients throughout the Southeast on: Strategic planning and execution for clients with multi-property portfolios Lease negotiation Property sales Sale-leasebacks Representative Transactions: Disposition of 400+ retail bank branch properties Acquisition of 60,000 square foot office building in Raleigh, NC Acquisition of 800,000 square foot retail mall in Roanoke, VA Sale-leaseback of 150,000 square foot office building in Coral Gables, FL Education and Designations: BSBA, Auburn University MBA with concentration in Real [...]
Thank you for a great 2019!
As we start a new decade, it is a great time to reflect and be thankful for all of the people and businesses that I have been able to help last year. In addition to helping clients with commercial real estate needs in the Charlotte, North Carolina market area I was also able to help clients with requirements in the following market areas in 2019: • Boiling Springs, South Carolina • Beaufort, South Carolina • Charleston, South Carolina • Columbia, South Carolina • Asheville, North Carolina • Raleigh, North Carolina • Greenville, South Carolina • Spartanburg, South Carolina • Winston-Salem, North Carolina • Greensboro, North Carolina • Knoxville, Tennessee • Cincinnati, Ohio • Atlanta, Georgia • Orlando, Florida If you have a commercial real estate requirement in North Carolina, South Carolina, or another market in the South East I would like to have an opportunity to speak with you to [...]
A Year End Checklist to Determine if You are in the Right Commercial Space
As we near the end of another year, many people like to take stock of 2019 and make plans for 2020. While the most common resolutions are to eat healthier, lose weight, or quit a bad habit, you might want to considering making some professional resolutions. If you haven’t put much thought into your commercial space needs, now is the perfect time to assess your current office/warehouse/retail space and determine if it will still work for you in the new year (and beyond). Even if you have some time left on your lease, it would be in your best interest to havea game plan in place now. Here are a few items to consider when evaluating your commercial space needs... SIZE Finding the right office space is a little like the Goldilocks and the Three Bears story. It shouldn’t be too big, or you will find yourself wasting money on [...]