ProspectNow Blog

8 Ways Commercial Real Estate Brokers Can Reduce Prospecting Time

Whether you’re new to Commercial Real Estate (CRE) or you’ve been at it for years, prospecting time for new clients never ends. Reaching out to old clients and kindling the spark of interest in new ones takes ongoing, active engagement and communication. Learning the art of real estate prospecting is

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How to Find Commercial & Apartment Building Owners Likely to Sell

Knowing how to find commercial property or apartment building owners likely to sell soon can give you several advantages. By approaching property owners before they advertise their intentions to sell, you might find that you can negotiate a lower price without competition from other buyers. You could also benefit from

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Things CRE Brokers Should Know About Mobile Home Parks

Commercial real estate brokers love to focus on high-end properties with huge income potential. So you may be surprised to learn that mobile home parks, a sometimes belittled investment, offer you excellent income potential with few management demands.  People have long put down “trailer parks” as an unsophisticated place to

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The Steps to a Property Lien Search: Three to Know

Of all the different steps related to homeownership and property ownership, the property lien search is one of the lengthiest — and the most critical. Yet, a lot of real estate investors — especially first-time investors or those looking to become a new property owner — might not know exactly

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What Is a Good Cap Rate for Commercial Real Estate?

When evaluating commercial real estate, investors use several pieces of information to assess the property’s value and potential ROI. One of the most popular metrics is the cap rate. Let’s explore this commonly used figure. We’ll cover the calculation and how to determine if it is a good cap rate

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Are Door-to-Door Sales Dead Post-COVID-19?

Technology has placed the world of marketing at your fingertips — with a few clicks, your next campaign is in the homes of your intended audience. Unfortunately, even the most well-planned and executed campaigns fall short of your intentions because the market, in general, is so heavily saturated. People see ads on every

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Spring 2021: Residential Market Trends

As the world plans to reopen, this spring is shaping up to be an interesting time for residential real estate. Here’s what some experts predict. This season’s housing market is a weird one. A variety of economic factors and the pandemic combined into a perfect storm of trends that experts

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How to Start a Commercial Real Estate Investment Company

  Starting a commercial real estate investment company could help you achieve financial independence. Successful investors, however, plan and act carefully. Few people can rely on luck to succeed in real estate. Instead, you need to know how to take a calculated, informed approach to start a company and moving

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