hospitality: California 2010 Recovery and Renewal byTapan Munroe, PhD December 9, 2009 - 12/22/09 01:47 PM
The Investor’s Marketing Forum (IMF) held it’s Holiday Luncheon and Marketing meeting at the Orinda Country Club today. It was a sold out event. Tapan Munroe was the guest speaker. Tapan is a past chief economist for PG&E. He served his post longer than any other chief economist.
Tapan suggests that we as a state should focus on our strengths- namely the Silicon Valley. As a state, California is the 5th largest economy in the world and our Bay Area is the 20th largest economy in the world! The Silicon Valley is the nucleus of jobs and innovation. Innovation is propelling … (0 comments)

hospitality: OVERPRICED LISTINGS November 3, 2009 - 11/14/09 11:12 AM
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 the following scenario; Listing agent is being pressured by an Office Manager to “get listings”. The theory is; the more listings you have the more probability you have of closing a deal. Dutifully, the listing agent agrees to seller’s request for yesteryear’s pricing. Property is listed with bogus income and expense … (0 comments)

hospitality: Cooperating or NOT cooperating Agents October 11, 2009 - 11/14/09 11:07 AM
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 the listing agent directly. How does that serve the Seller’s best interest?
Good question! I wonder whose interest is really being served?!  I wonder how many sellers of commercial real estate really understand how their listing agents operate after the listing agreement is signed?!
A recent event caused me to … (0 comments)

hospitality: Jobless Recovery November 14, 2009 - 11/14/09 10:55 AM
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’s begin by analyzing the cause of the recent stock market rally. What is fueling the stock market and causing the rally? One idea that stands out above all others has to do with the unemployment numbers. Media tries to put a positive spin on unemployment figures claiming the RATE of new unemployment … (0 comments)

hospitality: Bob Kramer, The Foreclosure Specialist, October 6, 2009 - 10/08/09 07:50 PM
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 three to five bidding efforts each day! He covers Alameda, Contra Costa, San Francisco, Marin and Sonoma counties. His knowledge and experience is unparalleled. Of course, bidding on Trustee’s Sales is not for the faint of heart and reserved for those with cash assets in excess of $100,000.
Steve Edrington of Edrington & Associates … (0 comments)

hospitality: Smart Negotiation in Commercial Real Estate by Terry Hird, October 6, 2009 - 10/08/09 07:38 PM
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 presentation I heard SUPER REVIEWS- I have seen his presentation before and was no less impressed the second time at the various approaches to negotiations. Several colleagues have expressed interest in learning more and you can learn the same on Terry’s website- his next class starts November 14, 2009. You can also sign up for Terry’s newsletter … (0 comments)

 

Pete Chrzaszcz

CCIM

San Ramon, CA

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