Wednesday, November 25, 2009

Commercial Real Estate





With the permission of : Le Collège de L'immobilier du Québec





According to the current Real Estate Brokerage Act, all real estate agents with a valid Certificate of Practice can work in residential real estate, commercial real estate or as a mortgage agent.

Under the next Act, which was passed in May 2008 but has not yet come into force, this situation may change since each “specialization” will require a different permit.

The duties and functions of commercial real estate agents are very similar to those of residential agents. However, they must have strong financial training. They must be able to handle a variety of brokerage operations such as the sale, purchase, exchange and leasing of a commercial property or lot, or a company.

They deal with clients who are supported (or represented) by various experts such as lawyers, tax experts, accountants, valuators, architects, environmental and commercial design specialists, etc.

If commercial real estate interests you, the Collège is now offering its Introduction to Commercial and Industrial Real Estate Program. This specialized program will be “recognized” when the new Act comes into force.
The program (in French only) consists of the following 10 seminars:

  • Commercial Leasing Basics
  • Public Relations
  • Preparing a Commercial/Business Sale or Lease File
  • Introduction to the Industrial Field
  • Understanding Business Valuation
  • Environmental Analysis
  • Taxation
  • Selling a Retail Business
  • Commercial Law
  • Marketing Commercial Real Estate
Fabienne Malenfant
Relationist
www.agentsbysector.com

Commercial Rea Estate


Origin :Le Collège De L’ Immobilier au Québec

According to the current Real Estate Brokerage Act, all real estate agents with a valid Certificate of Practice can work in residential real estate, commercial real estate or as a mortgage agent.

Under the next Act, which was passed in May 2008 but has not yet come into force, this situation may change since each “specialization” will require a different permit.

The duties and functions of commercial real estate agents are very similar to those of residential agents. However, they must have strong financial training. They must be able to handle a variety of brokerage operations such as the sale, purchase, exchange and leasing of a commercial property or lot, or a company.

They deal with clients who are supported (or represented) by various experts such as lawyers, tax experts, accountants, valuators, architects, environmental and commercial design specialists, etc.

If commercial real estate interests you, the Collège is now offering its Introduction to Commercial and Industrial Real Estate Program. This specialized program will be “recognized” when the new Act comes into force.
The program (in French only) consists of the following 10 seminars:

  • Commercial Leasing Basics
  • Public Relations
  • Preparing a Commercial/Business Sale or Lease File
  • Introduction to the Industrial Field
  • Understanding Business Valuation
  • Environmental Analysis
  • Taxation
  • Selling a Retail Business
  • Commercial Law
  • Marketing Commercial Real Estate
  • Fabienne Malenfant
  • Relationist
  • www.agentsbysector.com


real estate learning



real estate learning

Collège de l'immobilier du Québec : The College of Real Estate Leaders

Thursday, October 22, 2009

Much More Than a Representative






We often associate the real estate agent profession to the one of salesperson.Yet, the agent is a lot more than a representative.Boasting certified education and a sound knowledge of the market, he is first and foremost an advisor, helping his clients make enlightened decisions.

The LISTING agent, who represents the owner-vendor,visits the property, produces a comparative market anlysis, prepares advertising strategies and gives great exposure to the property by listing it in a database, exclusive to real estate agents ahd brokers. He also manages showings, offers to purchase, counter-offers and legal documents, while coordinating the deed of sale signature.

As for the SELLING agent, he helps the buyer identify his needs and target the properties that suit him with a database exclusive to real estate agents and brokers.He then helps his client during showings, objectively analyzes properties and assists him during every step of the transaction , including the visit at the notary's office.

Fabienne Malenfant
Relationist
Agents by Sector
http://www.agentsbysector.com

Much More Than a Representative, courtesy of the Collège de l'Immobilier du Québec

Thursday, October 1, 2009

Home ownership in Canada ,more affordable

Agents by Sector found this great article :

RBC Economics says home ownership in Canada became more affordable for the fifth straight quarter.
Senior RBC economist Robert Hogue says in a statement that home affordability level has now been restored to pre-housing boom levels. But Hogue adds the "recuperative phase of the affordability cycle seems to be drawing to a close."
He says housing prices are firming up in many parts of the country and mortgage rates no longer trending downward.
The RBC index examines the proportion of pre-tax household income needed to service the costs of owning a home.
During the second quarter, the index fell to 39.1 per cent for a detached bungalow, 31.5 per cent for a standard townhouse, 26.9 per cent for a standard condo and 44.4 per cent for a standard two-storey home.
Hogue says the levelling off of home affordability is "not expected to stop the impressive resurgence in the housing market."
"Supply of properties for sale is dropping as demand bounces back, which is working to heat up prices again in many parts of the country."

http://www.agentsbysector.com
The above article is from The Canadian Press, (September 09 edition)

Tuesday, August 18, 2009

The Potentiel of Social Networks for Real Estate Agents

(Agents by Sector found this article via a contact on Twitter )
http://www.agentsparsecteur.com


Question: What do Facebook, Twitter, Youtube have in common?
Answer: They are all social networking sites.
OK, So what? What does that actually mean?
Social networking sites are places where you can find new “friends” and build relationships. That makes them potentially important marketing resources. So if relationship-building is important to your business, then you really should not ignore the potential of social networking sites like Facebook, Twitter, Youtube and MySpace.
Waste of Time?Of course many people think online social networking is a complete waste of time. As a real estate agent, for example, you might say “I prefer to do my social networking with real people rather than ‘virtual’ people on the internet.”
There is a lot of truth to that. Much of the activity that takes place on social network websites is completely self-serving. There is a lot of navel-gazing and self-promotion going on, there’s no doubt about that.
But on the other hand, you can meet a lot of people very quickly, and if you have something to offer then you can very quickly put your offer out there and see what kind of people respond.
That is exactly what AgentMapIt is about – putting your profile in front of a lot of people who are looking for agents to “network” with and who are interested in sharing referrals. In fact, with AgentMapIt this is such a painless process that it is difficult to know why you would NOT want to do it.
No Effort, No Results
Many people think these sites (Facebook, Twitter, Youtube) are just alternatives to magazines or newspapers, and they are disappointed that you cannot just place an ad and sit back and collect the results.
As with all other social networking sites (Youtube, Twitter, Facebook, etc.), the benefit you derive from them is completely dependent on the effort you put into them. People who are really good at making these resources work for them – not as entertainment, but as business/marketing tools – are unanimous thatyou have to work at building relationships online just as you do offline.
What does that mean?
It means you have to really “network” with people by staying in touch with them. And not just by sending out ads or promos to them (although that’s OK from time to time).
Just as in the offline world, the best online relationship-building techniques involve sharing information and expertise, expressing an interest in what others are doing, helping people with their problems and concerns – especially when there is no immediate payback.
Sometimes all that means is just saying “Hi. I just wanted to touch base with you. How are things going in your neck of the woods?”

Thank you to AgentMapIt for sharing this article with us.
Fabienne Malenfant
Relationist

http://www.agentsbysector.com