CRE Romans @creromans
Talking about finding and doing CRE deals. How to setup automated prospecting https://t.co/VoLbxIPRWT bit.ly/4dqjtnB Best 12 CRMs for CRE Joined March 2022-
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When will someone fix the HVAC hot/cold issues in CRE? Seems like an Elon sized problem ripe for a solution
Getting a lot of questions about how prospecting automation works I set up a test automation that will send you an email, followed up by text and then drop a voicemail If you’d like to test it out, let me know This can give you more of a real time feel of what your prospects…
After a deal is done shouldn’t you be talking to that client at least every quarter Discussing things that are important to their business? Keeping them dialed in to the market? Helping them navigate expansion, contraction, acquisition, disposition, value add or management…
If it’s a maybe You better follow up They aren’t buying without your help
LOI negotiated Lease executed One side’s attorney comes back to the other (after execution!) and says a previously agreed to item in the LOI wasn’t in the lease What’s your move?
If you’ve never seen The Big Lebowski it’s time to get some culture in your life
Don’t fool yourself by putting low probability deals in the pipeline You say “I’ve got $675,000 in fees in the pipeline” A closer look reveals that you only have one deal that will likely close for $30,000
Accountability is something the work from home crowd is lacking This rings true in CRE as well It’s easy to skip the calls when it’s rainy, you’re in sweats and Netflix is calling your name Working independently comes with its pros and cons That’s also true for working…
Unrepresented buyers, seller, tenants and landlords… You’re losing value, time and efficiency by not working with a broker At the basic level of the business if you’re not doing deals for a living every day, you are likely missing something that is wildly obvious to a pro…
For around $200 you can get: - CRM - Automated follow up built - Landing pages of all kinds - Newsletters - Pre built content for messaging - Built in dialer and texting This is about all you need to get into the 1% of those who are paid to generate business … i.e.…
One thing I learned early on when making cold calls: *You need to find the objection and use it to keep the conversation moving If you think about it, this makes a lot of sense too.. Because the prospect has told you the problem and they now own that objection It’s personal…
With so much talk about the CRM dilemma in CRE… Trying to get a gauge on what’s what Curious to hear from anyone using GoHighLevel specifically for CRE prospecting Do you use GHL exclusively? If so please let me know Thinking about putting together a place where we can all…
Anyone ever been involved in a lease transaction that included the landlord exercising their relocation rights of an existing tenant? How did that deal end up for you?
It’s incredible how lucky people become when they consistently execute a high profit task every day
Let’s say you are out and about canvassing a submarket and you come up with a great idea to target all owners in this specific area… But then you quickly realize you have no mechanism for setting something like this up So you’re highly profitable idea dies before it is even…
Finding a tech stack is one thing, but…. Bridging the gap between implementing commercial real estate into that tech stack is a completely different thing This is a big issue that we all have when it comes to adopting technology The folks that build technology don’t…
I remember calling a prospect for a few months when finally he responded and said don’t ever call me again… actually it was much more harsh than that :) Then found a few other contacts at the company, as I was pursuing a tenant rep assignment I contacted the CFO who then sent…
If you have trouble coming up with value add reasons to call people… Consider starting to journal your days.. what you’re seeing, doing, projects you learn about, etc. At the end of the week you’ll have dozens of value add ideas to help with calls
Moses Kagan @moseskagan
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@creromans Tricky. First, assess the impact and legality of the missed item. Then, swift communication and negotiation are key - gotta find that win-win before things get too heated
@creromans You are good T. Whenever you have time
If you talk regularly to X friends, they are real friends also.
@creromans I figured as much! 😎 Do you know if Kixie is any good? That has been on my radar.
@creromans Curious what this issue is you're referring to?
@creromans Aren’t vm drops illegal? Or is there a legal way to do it?
Highly recommend following @ClarenceWongCRE if you are interested in retail or industrial. This guy seriously knows what he is talking about and posts actual information rather than "Algorithm" tweets.
A lot of complaints about the algorithm and engagement nowadays. Gained 500 followers this year, so I feel it. However, will do the same thing I have been doing since 2020. Some threads, two tweets a day, and responding to every comment. Will not go the engagement route.
@TobyBoyce @creromans @gottaphd It's the most cryptic process in CRE. Everyone wants to be a hero on documents no one reads, understands, or manages.
@JBPVFM @creromans @gottaphd And they all think they are the head chef.
I hate early termination clauses. I hate them because I do not like unquantifiable risks. Whenever possible I try not to gamble in business and reduce unquantifiable risks.
@creromans And that’s why I’m anal about specifics - we forget and have selective memories 😂😂
Create a target use! Start prospecting! I’ve already gotten 2 responses! One says her lease will be up in 7 months and wants pictures of the space, and 1 said they aren’t ready yet. Easy Peezy!
He’ll always answer.
Tenant retention is a top priority for any landlord. Provide quality service and amenities to ensure your tenants are happy and satisfied 👍
Remember: A lease agreement is a legal document that should be carefully reviewed and negotiated before signing.
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