- Name
- Jim Freeman
- Company
- Coldwell Banker Park Shore
- E-mail
- Contact Jim Freeman (Coldwell Banker Park Shore)
- Website
- http://www.jimfreeman.com
- Office Phone
- (360) 616-7924
- Cell Phone
- (360) 551-5042
- Fax
- (360) 871-7554
- Address
- 4235 SE Mile Hill Drive, Port Orchard, WA, 98366
- Description
- Kitsap Real estate, Bremerton real estate, Port Orchard real estate, Silverdale real estate, new homes in Port Orchard, rent to own houses, Kitsap commercial real estate, real estate investing
Buyer and Seller Performance Guarantees
Jim Freeman has been one of the most active Kitsap commercial real estate brokers in Kitsap County since 1997. He has sold or leased many major retail, office and indsutrial properties during that time period. Jim Has published a book "Insider Secrets of Commercial Property Leases" to help his clients obtain or provide high performance space for creating wealth in your business. Jim Freeman is the marketing leader for his Guaranty Home Sales Team of residential agents. The Guaranty Home Sales Team offers a number of unique consumer benefits and guaranties including a Guaranteed sale Program for Kitsap real estate homesellers, a Kitsap real estate homebuyer price guarantee and their V.I.P. Buyer Service. "Your home sold in 120 days guaranteed or I will buy it." "I will save you at least $5,000 off the purchase of your next home or pay you $1,000 in cash at closing."
For 2 years in a row Jim Freeman has been awarded recognition by Coldwell Banker for placing in the top 5% of real estate agents nationally in the Coldwell Banker system.
Areas of Expertise
Jim Freeman has been an active real estate investor, builder, developer, lender, broker and finance specialist in real estate markets throughout the western United States. In the 1970's and early 1980's Jim Freeman developed and built multi-family and commercial properties in the Lake Union area of Seattle. In the middle 80's he joined the team at Seafirst Mortgage Corporation working as an REO and asset recovery officer for the bank. In 1987 he formed Mortgage Security Corporation, building a business as secondary mortgage market trader and services consultant working for many major banks including the Bank of America, Security Pacific, Pacific First Federal, First Interstate and others.
As a trader in the secondary mortgage markets he worked with Lehman Brothers, Univest financial Group, Arthur Anderson Consulting, Westinghouse Capital and other investment firms to analyze, value and purchase portfolios of perfoming and non-performing mortgage portfolios and REO. He worked in this capacityin the US, Canada and Scandanavia.
In Kitsap County he has helped a number of commercial property owners and tenants obtain or provide high performance space top create wealth in their businesses. Jim has facilitated the construction to suit for manufacturing companiies like Leader International and Beck Engineering in Kitsap County. He helped the owners of Pacific Silver acquire the 38,000 sf Westbay Center in Port Orchard; represented the sellers of the South Kitsap Mall, a 160,000 sf community shopping center in Port Orchard; brokered the sale of 203 acres of land for 638 new housing units in the West Hills area of Bremerton between Olympic Property Group and Triway Industries. Jim has helped a number of commercial, professional and medical tenants obtain lease space for their businesses.
In building his Guaranty Home Sales Team, Jim Freeman and his team members have developed a guaranteed home sale offer whereby they will guarantee the sale of your home in 120 days or they will buy it. They offer a numner of innovative services and performance guaranties for homebuyers through their V.I.P. Buyers Service.
Jim Freeman has helped a number of renters of both homes and commercial properties opportunities to transition to ownership through an innovative lease to own program.
See www.jimfreeman.com for more details about all of these offers and guarantees.
Jim's Client Experiences (In Their Own Words)
I wish to convey my perspective and testimonial to any business owner or investor who may find themselves facing similar decisions that I encountered several years ago.
I started my company, Pacific Silver, a wholesale jewelry and fashion accessory business the way most businesses start; under capitalized, ignorant of the market, no customer base and no credit resources. Slowly, I began to ally myself with others who contributed valuable, qualified information to the success of my business and my company grew. Like most fledgling business owners most of my efforts were devoted to gaining market share and focusing on gross revenues. Gradually, as my business grew, I became more aware of, and more victim of, the way our tax system likes to "reward" successful businesses. I also began to realize that more capital investment into my primary business was no guarantee of higher profits and in many cases, exposed me to greater associated risk. I came to the realization that I needed to diversify my assets into a business vehicle that would allow me to benefit through inflation, offset actual gains with paper losses, leverage the greatest amount of other people's money to my benefit and offer my primary business a controlled infrastructure from which to expand.
Investing in commercial, rental real estate was the only viable method for me to accomplish these objectives. Thus, I began my search for an existing building or property that could be developed commercially. For approximately one and a half years I worked with an agent in Gig Harbor whom I had worked with on the purchase of my home. The agent was diligent, honest and well meaning but had little experience in the commercial arena, thus we had no success finding the right property. Eventually, I decided to broaden my search to include the neighboring community of Port Orchard. About that time my bank notified me of a commercial real estate listing service called LoopNet. My bank also provided me with a report that outlined approximately 20 properties that had one thing in common, they were listed by Jim Freeman. It became obvious that Jim Freeman specialized in commercial real estate.
During my initial visit with Jim, he provided me with a synopsis of various properties that we also previewed. After evaluating my needs and objectives he presented a strong case for me to consider one particular property. Though his case was compelling I wanted to review all of the possibilities. Eventually, through a process of educating me about the various nuances of commercial real estate, we made an offer on this property. Throughout the negotiation process Jim was very forthright about keeping open dialogue between me and the seller. Clarity of detail was important to all of the parties involved and Jim worked hard to make sure we all were aware of the effects of our decisions.
Now two years after acquiring the property Jim and I continue to work together as he works as the leasing agent for my multiple tenant building. We have all heard it said that the purchase of a home is the largest investment that most people ever make. However, for most people the purchase of a home is more of an emotional purchase than it is an investment. Consequently, because the purchase of a home is so emotionally driven, the degree of education, ethics and professionalism varies widely among real estate agents who sell homes. From the perspective of business owners, whose largest investments are typically their businesses, not their homes, it is vital that they are represented by someone who understands business. No one expects their CPA or attorney to be a soccer mom first and then sideline in taxes and legal counsel secondly. The practice of commercial real estate is serious business to Jim Freeman. His numerous years in finance and an ongoing education, in the form of seminars and correspondence, testify that he is a professional who desires to be the best in his field. I consider the value of Jim's wisdom and counsel to be on a par with that of any other trusted advisor that I rely on to make important, qualified decisions. I would recommend Jim Freeman to any other business owner who may be considering opportunities in commercial real estate.
Sincerely,
Bob Hampton
President
Pacific Silver
Port Orchard
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I am an active real estate investor as well as a busy public accountant. In fact many of my clients are investors too and I spend a lot of my time counseling them on how to buy, sell, own and lease investment properties to build their portfolios. Recently, I acquired another professional practice making it necessary for me to move to a larger facility and sell my owner occupied building in Poulsbo and to do it quickly without giving it away.
Well, as I said, I am an active real estate investor and work with a lot of brokers but when it came to this job most important to me I knew that you were the right choice. I appreciated the preparation and gathering of information that gave me a sound basis for making a pricing decision. Once it was a green light you didn't waste any time deploying the marketing plan. My decision to use you was validated when in short order we received three solid offers and were able to negotiate the price up to a level beyond my expectations. Furthermore, you taught me how to make the deal stick.
Your follow-up and attention to the closing details kept my appreciation meter running. I have never had a better experience with any other agent. In fact, I would like to meet you at another one of our investment properties to discuss converting it onto a commercial condominium and selling them. Thanks again.
Sincerely,
Gary Anderson, CPA
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Wave Broadband had occupied our Kitsap County facility for nearly 20 years through a succession of ownerships, mergers and acquisitions. In recent years our current ownership has been bulding our service areas throughout the Northwest with acquisitions of other cable companies and decided to use our Kitsap County real estate facility as the "electronic hub" for all of the acquired regions to provide advanced video, phone and highspeed data services. The decision was made to try to purchase the building because of its strategic importance to the growth of our company.
After spending a lot of time discussing our issues with the landlord and their real estate representative I decided to procure some expert representation of our own. Frankly, I didn't even think about calling someone else because of your reputation in the area as the commercial real estate expert and because of our longstanding working relationship, having successfully worked on problem solving for us and a number of your other clients over the years.
Even with this confidence because of your past performance I was pleasantly surprised with the immediacy of your response, your professionalism and the dedication to serving our need with the best possible outcome, in the shortest amount of time and with the least amount of hassle. You were able to merge your effort seamlessly with our corporate legal office and his team of outside consultants as well as our senior managers. The happy end result is that we now own our facility and we are able to control our own destiny in building a profitable and growing company, increasing our sharelholder value. I look forward to our continued good working relationship. Thanks again for your help.
Sincerely,
Jerry Rotondo
Vice President Western Region
Wave Broadband
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Pope Resources and its family of affiliated companies is the largest private landowner in Kitsap county. We own and harvest thousands of acres of forestland. We also develop master planned communities with a mix of uses including residential, industrial, office and retail.
We had owned, harvested and engineered our 270 acre West Hills project for more than a dozen years before making the move to harvest our investment. We are alsways monitoring the cyclical real estate market. In 2005 we saw optimal market conditions and contacted you for assistance. We enjoyed a wonderful result.
You immediately engaged the task and began to unearth qualified prospects. The strategy to open proposals on a date certainly intensified the sense of competition among the long list of qualified buyers. At the end we achieved a sale to a highly qualified buyer that exceeded our original expectations. Their offer was strong both financially and in terns of the permitting procedures they were willing to take on.
In the past year the buyer has behaved like the high quality firm that preceded them in reputation. We believe they will produce a quality community that will become an important part of the City of Bremerton.
Our team enjoyed working with you and looks forward to doing it again. Others that work with you should expect to have the same experience.
Sincerely,
Jon Rose
President
Olympic Property Group
A Pope Resources Company
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When our Mom died last year my brother, sister and I decided we needed to sell her home and two commercial buildings. All three properties had difficult pronlems. The home was dated, worn inside and had a strange floor plan. The commercial buildings were very old, in disrepair, badly managed, had underperforming tenants and were located in the old part of Port Orchard where modern retailing practices are rare! Our ancestor's businesses have been part of the local fabric for about a hundred years. Bur, none of us had the ability to move in and activiely manage the properties productively.
The challenge for us was to find the best real estate expert in a market crowded with agents. We sought advice form our parents' friends. One, the president of the largest local bank, gave us three names to interview. He also advised us that you were the only one in Kitsap County real estate that knew the market, had the right experience and had a record of actually closing sales on difficult properties. After interviewing all three candidates we took our banker's advice and signed a listing agreement with you for the commercial properties.
From the very beginning the quality of your response and follow-up, your expertise and comfortable manner of dealing with us convinced us that you were the best choice. Whe we listed the proeprties with you we received excellent service, professional execution and frequent communication. The end result was that we received multiple offers for a bulk sale of the commercial properties at a price that we were pleased with. Your monitroing of the closing process guaranteed a smooth transition through the complexities of inspections, title issues and all of the other issues that can become "deal killers". We felt that you used your insight and negotiating skills in our best interest througout.
At your suggestion, we listed the residential property with your teammate, Betty Bostic Wohlford, on the Guaranty Home Sales Team. She handled this sale with equal skill and service. The ability to have a single point of contact for the combined services was a major plus and the team approach assured us that the details important to us would not be overlooked or ignored.
At the time we decided to sell Mom's assets, our Port Orchard estate and family attorney advised us that it could painfully diffcult and slow due to the stagnant Old Port Orchard economy. With you guiding us, we enjoyed proving him wrong. Not only did you find a buyer, but we watched you lead other agents and turn Bay Street into a lively real estate market!
I strongly recommend you to anyone wanting to buy, sell or lease real estate. The value you provide with your services far exceeds the commision you worked hard to earn. Thank you for your help.
Sincerely,
William H. Sprague
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To say that I was a little intimidated when I began the search for my new home would be an understatement. Maybe it is easier for other people, but I had been a renter for years, always paying for someone else's equity rather than buiding my own. The whole process seemed incredibly daunting! I just didn't know what to do or even exactly what I wanted.
When I met you things immediately began to change for the better. I felt that I could ask you a question and receive a considerate, professional answer along with data backing up the reasoning behind your answer. You set up a plan making it easy for me to view many opportunities, and while it took a while for me to sort out what I was really looking for, the house I bought was perfect for me and remains so many years later. It was almost too good to be true that I could own my home with zero down and a monthly payment that I can afford. Without a doubt, it has proven to be one of the best moves that I ever made.
Your help continued through the closing process and a couple of tough spots that we got caught up in with the seller. However your patience and skill gave me the confidence that I was making the right decisions along the way. I would wholeheartedly recommend you to anyone buying a home, especially first time home buyers like I was. Thanks again Jim.
Sincerely,
John Fedor
Port Orchard
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Over the years I have been pleased to work with you receiving your assistance with my varied real estate needs. When I built my current office building you were able to help me fill my rented space with the happy result that the buidling was fully leased upon receipt of our certificate of occupancy. Any landlord knows what a burden vacant space can be on his cash flow.
When a large tenant gave me notice that he would be moving in the near future I naturally called upon you again to fill it up. This time around because of your ability to find a long term, quality tenant prior to the move out date we were able to keep our building 100% full for another four years achieving 100% occupancy at market rates for a full 9 years from the date of completion. I value your advice and experience and will continue to look to you for wise counsel and focused action. Thanks again.
Cordially,
Bruce Yoder, DDS
Pottery Professional Plaza
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In the past two years we have had several demanding situations that required help from you. We would like to take this opportunity to thank you for your unwavering cooperation that helped us weather those trying moments.
When you put your considerable expertise and resources foreword to help a client you create a bond between the two. The efforts you displayed is not lost on my organization or me.
In the future when we need brokerage services done well we will come to you again.
Cordially,
John Hamann
CEO-Durst Properties
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When Guardian Security Systems recently needed new space for our expanding operations in Kitsap County real estate we interviewed a couple of real estate agents to help us. While our requirements were not large it was an important mission for us to secure the right type and size of space to continune our path of develeopment. Well, the other agents we talked to did not seem very interested in helping us so we continued to look for help and for space on our own.
Finally, we were referred to you by another agent, Kirsten Peterson, who told us that you were by far the best choice to help a commercial tenant find the right space. Based on our experience i would have to say that she was right! You got right on the job and showed us available alternatives. You also explained the entire array of details that one needs to pay attention to when negotiating for space and how to pull together the variables to arrive at a true picture of costs and value in the leasing process so we could understand what was a good deal when we saw it.
It took us quite a while to find just the right solution but you stuck with us during the entire process. Due to internal company matters we ran up against a deadline to move out of our existing space but the end result was the right space, in the right configuration for the right price. I would wholeheartedly recommend that anyone looking for space to lease or even to buy should use your services. Thank you, Jim and i look forward to working with you for our next space requirement.
Sincerely,
Bob Vezzani
Guardian Security