Sellers beware - Listing Contracts with no expiration date! - 04/18/09 04:28 PM
It has called to my attention a proliferation of selling listing contracts which they do not have a specific expiration date. This is in violating with the principles of a listing contract which has to have a specific starting date and a specific expiration date. Some unscrupulous agents are using this practice to retain the client for ever, even though if they do not perform with the client. Listing contracts without a definitive expiration date should be void and null to protect the interest of the seller. This is a critical topic and I would like to open it for discussion!
 
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RE/MAX Premier Associates - 04/18/09 04:18 PM
About REMAX Premier Associates
Based in Fort Lauderdale, Florida, RE/MAX Premier Associatesprovides Premier Quality Service to commercial and residential customers. With a network of more than 70 agents within the different specializations and holding the most important designations, such as CCIM, CRS, etc., makes RE/MAX Premier Associates one of the most prestigious real estate companies in South Florida.
95% commission split for residential agents and 90% commission split for commercial agents! What are you waiting for, stop leaving money on the table and take it home, you deserve it!
Our Offering:
Guaranteed Leads:  Through REMAX Lead Street and through an exclusive … (0 comments)

Retail Space in Coral Springs at the right price! - 04/18/09 04:01 PM
Don't miss this opportunity to start or move your business to this excellent plaza, anchored by Burlington Coat Factory and Ross. Convenient location on sample road, just west of state road 7. Rents start at $12.50/sq ft/year. Spaces from 1,200 sq ft to 4,000 sq ft.
Terms is at least 36 months. Please call us for a Letter of Intent, Spaces are ready to move in.
JM Padron, CCIM
RE/MAX Commercial Associates
200 S Andrews Ave
Suite 102
Ft. Lauderdale, FL
jpadron@remax.net

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Letter of Intent - 04/18/09 02:16 PM
This is another simple but important document I wanted to share with you, a Letter of Intent to lease office space. Letters of Intent evev thogh they are not binding documents represent the essence of the negotiation, therefore you should be very careful assuring all the relevant terms are included and understood by both parties.
Hope it helps!!
JM Padron, CCIM

 Month Day,
 2009
  
XXXXXXX
XXXXXXX
Address
Phone:
Fax:
E-Mail:
 
RE: Letter of Intent - Business Type
Name of the Building - Unit 7D
  
Dear Mr. XXXXXX,
  
I am presenting the following proposal to potentially … (0 comments)

Tenant Representation - 04/18/09 02:02 PM
Another simple interesting tip:
 Please have a signed Tenant Representation agreement before starting your search and working with a Tenant. Did you know that if you do not have a tenant Representation agreement the only responsible for paying your commission is the Listing Broker? Interesting!!
 Below I am providing a simple letter of Tenant represenatation.
JM Padron, CCIM
 
 
 
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Selling a Business, watch out with "OWNERS' DISCRETIONARY EARNINGS" - 04/18/09 01:49 PM
 
 The first step you should take when you are going to take a business listing, it is to differentiate clearly the current owne'r discretionary earnings. Most of the time these earnings are hidden and they do adversely affect the value of the business.
 
JM Padron, CCIM
 

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Exclusive Right to Represent Buyer - 04/18/09 01:39 PM
 
If you think it is hard sometimes to deal with residential buyer representation at least you have the procuring costs built in. On the other hand in commercial real estate, procuring costs are by far more difficult to prove. I highly recommend that you enter in to an exclusive agreement to represent, I have put one together which you could use.
 
Hope this is useful for the ones entering into the Commercial Real Estate World!!
 
EXCLUSIVE RIGHT TO REPRESENT BUYER
Buyer Agency Agreement
 
STATE OF FLORIDA, County of Broward, Date April 18, 2009, ______________________________ ("Buyer"), … (3 comments)

Now that you have taken the Intro, you are ready for the CCIM -101 - 04/18/09 01:21 PM
This is the fundamental core course for the CCIM Designation. Oncce you pass this course, you should be able to:
 Estimate the value of a property using sales comaprison approach, direct capitalization, and discounted cash flow analysis.
Measure before and after tax investment performance
Understand the components and structure of commercial real estate loans ( conduit, non-recourse, etc)
Use the basic cash flow model to compare diferent commercial properties
 
If you take the Introductory Course and the 101 Course and complement this education with networking, technology and the right mentor, I will guarantee you will be very successful within the top 10% … (0 comments)

 
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JM Padron, ACP, CCIM, CDPE, CRB Ft. Lauderdale-Doral-Sunny Isles-Weston

Weston, FL

More about me…

REMAX PREMIER-COMMERCIAL ASSOCIATES

Address: 2500 Weston Road, Suite 103, Weston, FL, 33331

Office Phone: (954) 703-2021

Cell Phone: (954) 868-5863

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