Secret Realtor Income - Lease Modification

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There are a variety of different ways to make money in the real estate business.  To my real estate agents out there, I had a very specific method for performing lease modifications and invested countless hours in perfecting the methods to get current Landowners to re adjust business owners current leases.  When the real estate market is in a distressed state, there are plenty of people looking to save and maintain there current state, including owners of large commercial businesss.   Even though I was a realtor in Arizona, I was sucessfully able to negotiate on behalf of owners nationwide and still get a fee, that was held in escrow until the lease was either readjusted or reduced to prevent the tenant from bailing out. 

For those of you strugling with Short Sales, actually the lease modification were much easiers as you are dealing with rational thinking "Business Owners" not large institution banks.  Your phone time with lease modification will be at most four to six calls and less then an hour on the phone total. 

You should know within a week or two if the lease modification will become sucessfully.  The hardest part of the lease modification was convincing the business owner that the Landlord would listen to your proposal and readjust the lease. 

Well hopefully you get an oppurtunity to look into commercial lease modification, as I found it a very nice method for realtors to add an additional income stream to there business.

Posted by

Jamar James

Keystone Realty Group

949-203-3907 Office

714-385-7443- Cell

License No# 01945182


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Scott Hayes
(512) 786-8300 - Austin, TX
Realty Austin, Broker Associate

Good sugggestion Jamar. Challenging times call for creative approaches to real estate.

Jun 14, 2010 04:25 PM #1
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