Considering that 7 out of 10 individuals who apply for loans in the U.S. are rejected, there is a huge opportunity to improve access to financing for the small business and commercial real estate communities, reports Chinwe Onyeagoro, CEO of FundWell (a member of the REach® Class of 2014). Tune in to learn more about how innovators like Chinwe are helping connect brokers, lenders and entrepreneurs with the resources they need to grow.
Jim Gillespie, expert coach, trainer and consultant for Commercial Real Estate practitioners across the country, shares insight and practical tips on best practices and tools to transform your prospecting efforts into a powerful (and profitable) habit.
NAR Government Affairs policy representatives talk about the association's efforts to prevent lease accounting changes from hurting commercial real estate.
The REALTORS® Commercial Real Estate Market Survey measures quarterly activity in the commercial real estate markets. The survey collects data from commercial REALTORS®. The survey is designed to provide an overview of market performance, sales and rental transactions, along with current economic challenges and future expectations.2014.Q2 Survey Highlights
- 64% of commercial REALTORS® closed a sale.
- Sales volume rose 7% from a year ago.
- Sales prices increased 3% year-over-year.
- Cap rates averaged 8.3% during Q2.... Read More
WASHINGTON (August 26, 2014) – The strong rebound in economic growth during the second quarter and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, according to the National Association of Realtors® quarterly commercial real estate forecast.
The price index in July was unchanged from the record-high set in June. It is up 6 percent year-over-year and 76 percent from the cyclical low five years ago.
June 2014 update on commercial regulatory matters. For all current regulatory issues, see NAR's Political Advocacy page.
This course offers a broad overview of the basics of commercial real estate and how it differs from residential real estate. Students will be able to distinguish and understand the broker's role and discover the different types of commercial properties, terms, valuation methods, marketing and resources for further education.
While it will not equip an agent with the needed tools to practice commercial real estate, it will explain the business and introduce many of the resources needed to pursue a commercial transaction or a career in commercial real estate.
This is an... Read More
Steve Smullin, commercial real estate investor, practitioner, and active member of his REALTOR® association, shares how being prepared and doing due diligence can boost your credibility and create value for your clients and your business.
Commercial real estate sales improved 5% over 4Q 2013 and are up 11% from one year ago, despite severe winter weather and a slow market.
Commercial leasing rose 5% over the prior quarter, with new construction showing a similar 4% gain as demand for space accelerated.
Involvement in your state or local association can develop your leadership skills, strengthen the organization, and have a positive impact on your business. Leil Koch, CCIM, CIPS, CPM, CRB, Chair of NAR’s Commercial Committee, shares how his association experience has been beneficial.
Because of the importance of terrorism insurance coverage to commercial real estate, NAR supports the continued availability and affordability of coverage made possible by the federal backstop program of the “Terrorism Risk Insurance Act of 2002” and its extensions.
The program provides stability and creates a viable insurance market, with widely available coverage and affordable premiums, at virtually no cost to taxpayers. Sustaining a viable private market for terrorism insurance depends on the federal backstop. If TRIA is allowed to expire, or when there is even... Read More
NAR President Steve Brown talks about the Terrorism Risk Insurance Act (TRIA) and NAR's support of the bipartisan bill to extend it for seven years.
Akron Cleveland Association of REALTORS®: What’s Driving Notheast Ohio (NEO): Healthcare; Holding an educational and networking program with an emphasis on the healthcare industry's impact for area commercial practitioners and the kick-off of our newly merged association’s commercial program; launching ACAR as a leader in Northeast Ohio’s commercial practitioner arena.
... Read More
Commercial Member Profile Report
Based on a random sampling of NAR’s Commercial members, the 2014 Commercial Member Profile gives a detailed overview of a variety of demographic characteristics and business practices of REALTORS® who specialize in commercial real estate. This infographic presents a sample of data from the report. Read the full report here.... Read More
The REALTORS® Commercial Real Estate Market Survey measures quarterly activity in the commercial real estate markets. The survey collects data from commercial REALTORS®. The survey is designed to provide an overview of market performance, sales and rental transactions, along with current economic challenges and future expectations.
WASHINGTON (May 27, 2014) – The outlook for all of the major commercial real estate sectors is slightly improving despite disappointing economic growth during the first quarter of 2014, according to the National Association of Realtors® quarterly commercial real estate forecast.