The current seller market has seen prices take shape for the last decade and has since accelerated since early 2020. When the market has that many more buyers than sellers – Negative yielding interest rates play a large role, the amount of Red Tape has been reducing supply and the immigration that has taken place over the last 7 years have all made the real estate market that much tighter.
This steady increase makes it quite challenging to secure potential deals. Nonetheless, that is not to say that a suitable commercial real estate deal cannot be found. With my knowledge and experience of the market, I have the necessary tools that can increase your chances of getting a lucrative deal even in the rigorous real estate market.
My buyer representation agreement puts you at the comfort of quality services, team work and agency relationship. This binding agreement helps you in the following ways:
1. Team work
By signing the agreement, we get to work together as a committed team. This creates a conducive environment for the buyer to ask questions, negotiate the terms and clarify his expectations. This agreement also keeps you—the buyer, private from the seller. This is the best way to commit myself to bring you direct off market deals as well as the MLS listings.
2. Finding Real Estate Opportunities
The commercial real estate buying process is quite a time-demanding engagement that might put some of your important daily activities on standby. Given the commercial buying process timelines, this can be a lengthy commitment in which you will want a committed Sales Representative representing your interest. My goal is to make the process as detailed as possible and fulfill my representation commitments by finding multiple Real Estate opportunities. I would be filling you in with every detail and opportunity at your preferred schedule in order to avoid any impact to your daily business.
3. Service quality
By establishing a contract based agreement, my relationship with you as the real estate agent changes from customer to client-relationship. The difference is a customer does not have a formidable relationship with the agency hence not entitled to superior services compared to a client. Providing comparables, market research, real estate opportunities and negotiation skills are all a large part in being a “client” of mine.
At Coldwell Banker Commercial, Eric Frey’s main focus has been 2 asset classes, Residential Development Lands and Investment Grade Commercial Real Estate properties. I strive to
ensure my clients are taken care of by providing them with as much knowledge as possible and
creating a teamwork environment to focus on the task on hand.