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Thursday, June 10, 2010

Seriously, I Just Got This Email Regarding Commercial Real Estate

You know why people hate real estate agents? Because there's a perceived notion out there that real estate agents are all after the commission without regard to whether or not the purchase (or sale) is right for the CLIENT.

I want to share with you an email I just received that drives home exactly that. (I took out any references to the sender, or the company name that sent out this doozy):

There has never been a better time for business owners to purchase the commercial property their businesses occupy. It's a fact, and I'll tell you why.

The 20-year fixed interest rate on commercial loans projects continues to be historically low -- the effective rate for May is 5.52%. And that's fixed for 20 years! On top of that, the continued elimination of most up-front fees makes a commercial loan an unbeatable alternative to conventional financing . . . and a no-brainer for any business owner who recognizes the wealth-creating power of commercial property ownership.

The Experts in commercial property financing (that's us) make the purchasing process easy and simple because it's ALL we do. If you're the least bit interested in owning your commercial property, call me today

Is this guy doing ANY market research? Probably not - he just wants a deal. The fact is all RELIABLE DATA and market forecasting point to exactly the opposite - there's a perfect storm brewing in commercial real estate and if you think the residential foreclosure market got hit hard, just you wait.


"a no-brainer for any business owner who recognizes the wealth-creating power of commercial property ownership"?!?!? This must be a joke, right? It used to be "don't wait to buy real estate, buy real estate and wait". Not anymore. You'll be turning cartwheels of joy if you just wait around and get ready to pounce when the timing's right - but that time's certainly not now.

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