i am new: i just picked up a client for a commercial property apartment or retail center. what are the steps?

In Buying Property - Asked by edwin l. - Apr 24, 2009
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Answer(s)

Fontaine C.
Broker/Agent
Houston, TX

You need to talk to your broker so they can teach you the right questions to ask and to know. As a real estate professional, part of your fiduciary responsibility is to be well informed which you are not yet at this point. Educate yourself on the different property types, technical and financial terms if you have time or refer the client to a specialist and ask for a referral fee which will be paid to you through your broker.

Apr 24, 2009
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Andre D.
Developer
Atlanta, GA

I think the first thing you need to do is an assessment on youe client. Gather all the information first
1 Executive Summary
2 Business Plan
3 Financial for business
4 financials for indiv.
5 proforma
6 Exit Review
7 Business Lic, etc.
Once you gather that info, find a GOOD lender that can make your deal happen. If you need more information or help shoot me a email

Apr 25, 2009
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Paul S.
Broker/Agent
Glendora, CA

You need someone who knows what they are doing to guide you. You must watch out for your clients best interest which, without experience, you don't know how to do and can be sued if you don't do it properly.

Apr 27, 2009
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