It’s almost every week now that someone asks me about my thoughts on crowdfunding, and how it relates to commercial real estate and the revitalization of communities. Crowdfunding, for those that don’t know, is the practice of funding projects and ventures by raising monetary contributions from a large group of people, for smaller amounts than typically syndicators accept. This is typically done via the internet, but more and more crowdfunding companies are relying on a group of investors that they have already vetted.
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Having an initial interview with the agent where the client is able to “interview” the prospective agent is the best way to see if they are fit for the job. This is analogous to an employer interviewing a potential candidate for the job. The client must ask the right questions in order to develop an understanding that the agent will indeed be providing the highest levels of knowledge and service. Some example questions for the client to ask include:
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Real estate brokerages see their agents in one of two ways, either as a profit center or as a client who they can help to succeed. Many of the large brokerages and a few smaller companies perceive the associate agent as a money machine, with the attitude of “How can I get the most out of the agent?” This differs from those companies that instead seek to support the associate agent, showing an attitude of reciprocity. They will help the agent in order to succeed and achieve higher goals, thereby increasing everyone’s income.
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