Pete Chrzaszcz's (commercialmasterminds) Blog

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Commercial Real Estate Agent - Commercial MasterMinds
RECENT BLOG POSTS
An interesting discussion by Todd Weaver, the 2010 Vice President for CCIM Region 2 and President of Synergy Commercial Real Estate, Inc. was enthusiastically received as he spoke about the commercial real estate market conditions. Todd used a simple relation between Net Operating Income, Capital...
12/11/2009
Wow the market has really made a correction! Probably not what a property owner wants to hear- HOWEVER, if you are selling your property wouldn’t it be best to hear that early rather than later?! So why would a trained professional real estate agent consider taking an overpriced listing? Consider...
11/14/2009
Recently, I experienced a property listed for sale and the listing agent is not sharing information because there is little or no fee to share. In most cases, the Seller is unaware that their property is being marketed to select individuals only- namely those buyers that are likely to work with t...
11/14/2009
Let me begin by saying- there is no such thing. I could think of a few oxymorons to go along with this idea; Larger half    Almost exactly    Genuine imitation     Unbiased opinion     Exact Estimate  LOL! Since this “jobless recovery” is tied to the rallying stock market and housing sector, let’...
11/14/2009
 *** RED ALERT – SPLIT ROLL PROPERTY TAX INITIATIVES FILED *** The following message is from Rex S. Hime, President & CEO, California Business Properties Association- reprinted with permission. CBPA Board Members and Advisory Board Members Affiliate Member Leadership (ICSC, BOMA, NAIOP, IREM, CDA...
11/14/2009
The Northern California CCIM chapter meeting had its share of excellent speakers and presenters this month. Bob Kramer of Robert Kramer & Associates shared his 35 years of experience in representing bidders at Trustee’s Sale. Our attendees were sitting on every word that Bob spoke. Bob averages t...
10/08/2009
This month’s guest speaker at the Northern California CCIM chapter meeting was Terry Hird, founder of Negotiation International. His firm was created to provide individuals and organizations with the tools they need to obtain enhanced outcomes through the art of negotiation.   Post Terry’s presen...
10/08/2009
Today I attended two marketing meetings; The Investor’s Marketing Forum IMF and the Certified Commercial Investment Member CCIM meetings. A general discussion of the marketplace revealed that rents are soft but thankfully occupancy is holding steady.  I specifically asked Joe Lawton of Castle Pro...
10/07/2009
A recently discovered article discusses the ramifications of foreclosing on mortgages that were split up into tiny fragments when sold on the Mortgage Backed Securities, MBS market. “There is no evidence before the court as to who is the present owner of the Note. The holder of the Note must join...
10/03/2009
I had the opportunity to meet with Teresa Moss, Teresa.Moss@cdec1031.com of Chicago Deferred Exchange today. She discussed the 1031 Exchange rules and it was an excellent presentation for first time exchangers as well as seasoned veterans.   Highlights of her presentation included: Chicago Deferr...
10/02/2009