Challenges confront Maryland as state prepares for BRAC moves

Todays report from the Daily Record advises us on some “minor” issues involved with the comming flood of growth to our area. As I was standing in the middle of road today speaking with a client that is getting ready to list some commercial property with me, the question comes up, “don’t you want to see the inside?”. “Nope” I said, “the building couldn’t even be there, I am going on the numbers.” So if you are just going on the numbers, make note, and read this…. (by the way, got the listing!)

Can you trust a commercial broker?

From one of our readers, author Jonathan Butler,
Jonathan Butler
Director
Diligent Hands Consulting
972-681-2500

Buyer beware, for there are always going to be individuals out there
who will see an advantage and prey on good people. So how can you
tell if the Broker/Consultant with whom you are about to contract,
is reputable? Here are some tips:

Not All Real Estate is Equal

The residential real estate market is a completely different animal than commercial real estate - but you knew that, right?

Well, not everyone does. Read this article from the Washington Post from this week and you’ll see what I mean:


Washington Post - Diagnosing the Downturn

The commercial REITs are being affected by the issues (dare I say collapse) of the subprime lending market - in residential. Why? Simple, really. Overreaction and panic.

The two markets are distinctly different, but because they are both types of real estate they are getting lumped together. That makes no sense to do in other industries, does it? Just because two types of products are associated, that doesn’t mean that they are.

Changing the world starts w/ education….summer series

One thing I have learned being an instructor, if you want change if have to start with education. So due to timely hold outs and increasing demand Long and Foster University has booked me to teach at the following dates and locations:
June 19th - Blue Bell, PA
June 22nd- Hagerstown, MD
June 28th- Lancaster, PA
July 13th- Gaithersburg, MD
July 17th- Washington, DC

To reserve your seat please contact:

Rebecca Herman

Administrative/Communications Coordinator

Long & Foster, Training and Education

11351 Random Hills Road

Fairfax , VA 22030

P: 703-359-1796

FX:703-359-2865

rebecca.herman@longandfoster.com

Today, from NAR/ RCA Commercial Reports and Outlooks.

 COMMERCIAL REAL ESTATE INVESTMENT AT RECORD PACE WITH IMPROVING FUNDAMENTALS

The commercial real estate markets are continuing to grow with record investment, with appetite for office properties at historically high levels and fundamentals improving in almost all markets, according to the latest COMMERCIAL REAL ESTATE OUTLOOK of the National Association of REALTORS®.