News coverage of the real estate market often focuses on residential properties. But there is a whole other world of opportunity that exists in commercial real estate that KW Commercial associates are tapping into.
A look at the commercial market trends reveal that commercial real estate really woke up in 2014 and is on the path for acceleration in 2015. In 2015, KW Commercial associate Darrell Nevin of the Greater Howard County (Md.) market center will be keeping an eye on tenant representation. Nevin says that ease of Internet access to CRE data can create huge pitfalls for tenants who think they can find and negotiate their own deals. This creates a big opportunity for commercial agents to increase client service offerings. Other exciting news in the world of commercial real estate is the one-of-a-kind KW Commercial mobile app
The new KW Commercial Mobile App is one of the tools that sets KW Commercial associates apart from the competition. The KW Commercial app performs most of the functions that residential agents and consumers have come to love from the KW Mobile App. Both apps are personally branded to individual agents. In addition, the KW Commercial App features an investment analysis tool that allows users to input data such as purchase price, cap rate and year-one net operating income (NOI) to calculate the projected return on investment.