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#10 NOT ALL COMMERCIAL REAL ESTATE BROKERS ARE

#10 NOT ALL COMMERCIAL REAL ESTATE BROKERS ARE 2025

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The document is a newsletter from Tenant Real Estate Advisors, focusing on the importance of choosing the right commercial real estate broker. It emphasizes that not all brokers are equal, highlighting the distinction between generalists and specialists. The article provides essential questions tenants should ask potential brokers to ensure they receive dedicated representation and avoid conflicts of interest. It also outlines the benefits of using tenant representatives who exclusively advocate for tenants' interests, ultimately aiming to save time and money for businesses.

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What is the Naics code for commercial real estate brokerage?

531210 - Offices of Real Estate Agents and Brokers.

What is the difference between a broker and a commercial real estate agent?

The agent may represent either the buyer or the seller. A real estate broker does the same job as an agent but is licensed to work independently and may employ agents. Brokers are paid on commission but also get a cut of the commissions of agents who work for them.

How do commercial brokers make money?

Brokers earn a commission from the total sale price or total rent collected during the term of a lease for any commercial property transaction they facilitate, whether theyre acting on behalf of the buyer, seller, landlord, or tenant.

What is the difference between a residential broker and a commercial broker?

Residential real estate brokers work with single-family homes, condos, or co-ops. In contrast, commercial brokers deal with properties with an investment component to the real estate, such as multi-family or mixed-use properties.

Who is a commercial real estate broker?

A commercial real estate broker does everything a real estate agent does but has a license to work independently and may hire agents to work under them. Commercial brokers are paid a commission and collect a percentage of their agents commissions.

What does a commercial real estate broker do?

Commercial real estate brokers assist landlords and tenants looking to lease or sublease office and retail space. These brokers negotiate favorable lease terms for their clients and set rent and other fees based on market research.

Who are the largest commercial real estate brokers?

Top 10 Commercial Real Estate Firms of 2023 CBRE. CBRE 2023 performance statistics. Cushman Wakefield. Cushman Wakefield 2023 performance statistics. Colliers. Colliers 2023 performance statistics. Newmark. Marcus Millichap. Avison Young. 7. Lee Associates Commercial Real Estate Services. TCN Worldwide.

#10 NOT ALL COMMERCIAL REAL ESTATE BROKERS ARE 2025

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