My Blog

Hey, Looking For A JOB, SUCKS!

Hey, Looking For A JOB, SUCKS!

Just by looking at a few job postings on Craigslist and you understand what I mean… It SUCKS! Be a real estate broker and have the freedom…

Real estate broker

These people are either out of their mind or they think people are just too stupid and too desperate… They want you to be an expert not in only one field but in many for only $30K-$50K annual salary. They want you to be a marketing expert, an SEO expert, a content management expert, a social media expert, a secretary, a go-getter, a salesman, etc. etc. All of these for $30-$50K annual salary. WOW! I mean WOW! How low can they go!?

Ohhh… by the way, you also have to be available on the weekends or 24/7 on-call…

I get very angry when I see a JOB posting like this. And this is NOT only CL. This BS is everywhere on every JOB site…they are not all that bad of course, just look at the positive side, at least they haven’t asked you to clean their houses and cook for them too, not yet…

That being said, Let’s get to the point. Shall we?

I am an entrepreneur and a true entrepreneur usually never works as an employee unless he/she has to. Because being an employee doesn’t get you where you want to be in life. Therefore, they either work with like-minded entrepreneurs or they work for themselves to achieve their life long desires.

Be A Real Estate Broker

I am looking for real estate brokers to work with me, NOT for me. You can do both commercial and residential transactions. I am offering you my help to get out of this rat race and achieve your goals in life. Be a real estate broker for the flexibility and freedom you always wanted.

  • We help/teach you how to generate leads
  • We teach you the business (if you don’t already know it)
  • We will train you and hold your hand as long as you need it
  • You have access to us anytime you get stuck with a transaction
  • Work on your time and terms whenever you want (You are NOT an employee)

Remember this quote from one of the richest men in the World, John D. Rockefeller, Quote: “I would rather earn 1% off a 100 people’s efforts than 100% of my own efforts.”

Also, remember this Quote: “You miss 100% of the shot you don’t take”

Are you ready for a CHANGE for that ENTREPRENEUR inside you?

P.S. Please don’t apply unless you are ready to make a CHANGE in your life…

P.S.S. If you don’t have a real estate license, don’t worry. As long as you are willing to learn, I can point you to the right school to get your license pretty fast…

Contact Us to get you going right away!

New Residential Service

New Residential Service Gives 5% Back To Charities

New residential service and mortgages
Residential Service & Helping Charities

Creative Commercial Brokers announced today the official launch of its upcoming residential real estate service to Bolingbrook, Naperville, Romeoville, Plainfield, Lisle, Downers Grove, Woodridge, and surrounding areas.

The first thing people should expect is a big improvement in the quality of service and professionalism. Creative Commercial Brokers makes this happen by hiring very experienced real estate brokers who are already dealing with multi-million dollar commercial real estate transactions at executive levels. This is to be expected from a business that places such value on customer satisfaction and delivering the results desired.

People will be interested to know how a commercial-only real estate company decided to venture into the residential sector of the market. It’s been a long time coming to put it together, from the initial idea to fully implementing the service by empowering customers.

And most notable, Creative Commercial Brokers will celebrate and publish the event by giving away 5% of the earned commission to a charity of the customer’s choice in their local community at the closing of every transaction. It is their hope that local communities in DuPage and Will County will benefit from this service tremendously. Because they are a part of these local communities, they want to give back to the ones in need.

Kevin Kaplan, Managing Broker, at Creative Commercial Brokers added, “I think “HELP” is both the most beautiful and the most important word in our dictionary. Because it brings the best out of people and thus creates a perpetual cycle that comes back to you. The more you help the community, the more help you get from the community! And this is the most beautiful thing in the world.”

It’s a WIN-WIN for consumers that are in the market to sell their house, and they can feel better at the end of the day by helping people via their Church, local food pantry, Red Cross, etc.

Further information about this new residential real estate service to serve Bolingbrook, Naperville, Romeoville, Plainfield, Lisle, Downers Grove, Woodridge, IL, and surrounding areas, please Contact Us to have a quick phone conversation.

Want To Sell Your Hotels?

Then You Must Provide Financials!

Sellers To Work With, Or Not…

Hotel Building
Hotel Building By Pixabay

We, real estate brokers, face some very unrealistic sellers in commercial real estate almost on a daily basis. These sellers want to sell their hotels or other property and they want to sell it at a very premium price. But when you ask them to provide bare minimum financials, they have all the excuses in the world not to provide them.

Real Estate Broker
Real Estate Broker

They want an offer before they can provide any financial… This is very troubling. They either have no clue how it works in the industry or they are just plain ignorant and playing hardball with you.

Based on what number will the buyer make an offer in this case?

Want To Sell Your Hotels for multi-million dollar without financials…

First of all, it’s impossible to convince any credible buyer to even make an offer on a commercial property without any financials provided. But let’s say, you were able to bring an offer because you are in good relations with your buyer.

The offer will have multiple contingencies and the first one is gonna be based on seeing the financials, STR report, for hotels, etc. Hellooo… Back to square one… So you are chasing your tail here. This is not going anywhere as you can see.

That being said, if you bring an offer too low then it’s insulting to the seller. If you bring an offer too high (Which I doubt) then they don’t want to budge when the real value comes in picture with an appraisal. It’s a losing proposition for a real estate broker to be in. Because your credibility is on the line due to a couple of reasons…

  1. Firstly, you would look ridiculous trying to convince any buyer to make a blind offer.
  2. Secondly, sellers like this won’t sign an agreement with you, to begin with. Therefore, it’s very easy for them to walk away from any offer you might have in order not to pay you. Or worse, to circumvent you if they know the buyer.

My advice to you, a) Never disclose your buyer in this kind of situation until you have some kind of agreement with those sellers. b) Don’t even waste your time with these sellers. You better walk away before investing too much of your time with those unwilling to work with you.

If you want, read this article too. I have written about this topic years ago from real-life experiences and published it on as well.

Contact Us for questions, comments or when you are ready to sell your hotels.

Best Commercial Real Estate Markets of 2017

Best Commercial Real Estate Markets of 2017

Commercial real estate investing is a wealth-creating machine like no other when done wisely and it’s becoming more and more popular for investors in the know. in this article, we try to give you the list of best commercial real estate markets for 2017, and some investment property types to consider. Of course, you have to do your own due diligence and calculate your own risk.

Best commercial real estate markets of 2017

People often assume that commercial real estate investing can only be done by the very best experts. It’s true to a certain extent; however, there are a number of different options when it comes to financing a commercial real estate deal, including the unconventional route that incorporates utilizing private equity firms and REITs as capital. Although commercial investing isn’t necessarily the best place for beginners to start, it is certainly a perfect future goal to set as it is a great way to diversify your investment portfolio.

Curious about which commercial real estate markets are best for getting started?

Besides our list of top 20, we also want to give you an alternative. Some of the markets are overlapping but nevertheless it’s a good comparison to have. Here is the list of Business Insider

It is important to keep a few priority items in mind. Commercial real estate markets that encompass these five criteria will be most profitable for investors.

Low Purchase Prices: This might sound like a no-brainer, but it is important to find a property that is priced either below or at market value. If you want to make a profit off of your renters, consider finding a sightly distressed property that is being sold for a deal. There is also the option to buy from a motivated seller or a commercial foreclosure.

Low Unemployment Rates: Cities with a low unemployment rate indicate that there are more citizens in the job force, which means more office space is needed.

High Asking Rents: Be sure to do your due diligence before jumping into commercial real estate and research comparable markets to see what average asking rent prices are. If the asking rent rate is high, and your purchase price is low, you should make a substantial profit.

High Renters Demand: Search for up-and-coming markets that are creating new jobs and developing new residential complexes because there will be an increased demand for space.

Low Vacancy Rates: If you have high tenant demand coupled with low vacancy rates, you will be able to charge a higher rent price, therefore increasing your profits.

There are 5 different types of commercial real estate spaces investors can consider: Retail space, office space, industrial space, hospitality, and multifamily complexes. If you’re looking to invest in a budget, start with either industrial spaces or multifamily complexes as those options tend to be slightly cheaper than retail and office space.

If you think you are ready to get into commercial real estate, consider rapidly developing markets below.

List Of 20 Best Commercial Real Estate Markets of 2017

1- San Francisco, California
2- Oakland, California
3- San Jose, California
4- Miami, Florida
5- New York, New York
6- Austin, Texas
7- Charleston, South Carolina
8- Palm Beach, Florida
9- Los Angeles, California
10- Houston, Texas
11- Louisville, Kentucky
12- Dallas, Texas
13- Chicago, Illinois
14- Boston, Massachusetts
15- St. Louis, Missouri
16- Denver, Colorado
17- Phoenix, Arizona
18- Jacksonville, Florida
19- Portland, Oregon
20- San Antonio, Texas

Creative Commercial Brokers can help you get an SBA loan in all of these top markets. No up-front fees and a straight forward process. Find out more by Contacting Us.

Commercial Loans

Hard Money Loans vs SBA Loans

Financing for commercial real estate is a completely different game when compared to residential mortgage loans. Commercial loans are generally speaking harder to get than residential ones. Today I will touch upon hard money loans briefly.

Commercial Real Estate loans – Hard Money Loans

When purchasing commercial real estate, financing is the most significant factor in determining whether the project is worth pursuing. Although there are a variety of commercial real estate loans on the market, we are going to look at hard money loans in this article. Also, if you want to get a general idea about commercial loans, read this Wikipedia article…

Hard money loans for commercial real estate are often a matter of last resort. They aren’t good deals, but they can save a financing situation that has gone critical. Most hard money loans come with significant upfront costs and astronomical interest rates. When you are facing the prospect of losing a commercial property, however, they can be a godsend because they also are granted very quickly if your project is a viable one.

Commercial loans & Mortgages

Hard money loans are considered very risky and are issued by private financing groups, not banks or lenders. The loans tend to be only available as the primary loan on the property, which isn’t that rare of a situation in commercial property.

Unlike home loans or conventional commercial loans, including SBA loans, hard money loans are all about the potential sale price of a piece of commercial real estate. The party considering lending you money is not going to look at the current appraised value of the property solely. They are going to look at the probable future value and sale price of it if the commercial real estate has to be sold a few months or a year after making the loan. Or, possibly until you refinance the property and take it out. Depending on the condition of the property, this figure will typically be between 50 and 75 percent of the appraised value of the commercial property.

Put another way, a hard money loan is a short-term loan designed to get you past an immediate problem. It is undeniably a loan of last resort and is not an ultimate solution to a financing problem with a commercial property. It does nothing other than buy you time and at a fairly hefty cost. If you are in a tight spot and can resolve the problem with a few extra months time to a year, a hard money loan may be the answer.

That being said, if you need a more secure and reliable loan that will not break the bank then consider getting an SBA loan. Contact Us to see if we can help you get an SBA loan with no up-front fees.

SBA loans can help you accomplish your long term goals without putting excessive stress on your shoulders. Due to the fact that of low-interest rates of an SBA loan will help you create more equity in your business and at a much faster pace. In other words, while SBA’s objective is to make you and your business a successful endeavor and create more jobs in order to improve the US economy as a whole, a hard money loan provider’s goal is to make as much money as possible in the quickest period of time. And hence, a hard money loan provider does not care whether you prosper or not in your business endeavor as long as they get paid their money.

The option is quite clear at this point about which loan will benefit you more I think. Now, the choice is yours …

Commercial Real Estate Investment Types

The How To’s of Commercial Real Estate

Question Mark
Have questions? We have answers!

In these hard economic times, you certainly want to make sure your investments will turn out to be successful. Commercial real estate, if done wisely, can become a great source of profits. This article contains several easy tips to help answer your questions and help you make the most out of your investment.

In many cases, it is best to utilize the services of a commercial real estate broker. These brokers are trained and educated and fully understand the commercial market, the times to buy, and what to avoid. You could also save a great bit of time by utilizing the services of a broker.

Knowing the different kinds of commercial real estate brokers is going to help you find the one that will get the best results for you. There are specialists and generalists, as well as full-service brokers. When buying, you will want to find a specialist to get the best results. CCB™ is specialized in “Off Market” hotels and can be a very useful source for you locating hospitality assets nationwide.

When it comes to a loan for your commercial property, don’t put all your eggs in one basket. if you are doing the process of applying for the loan yourself, which could be very frustrated and time-consuming, it is best to get quotes from at least 3 different lenders (Unless you are in a rock and hard place) and decide from there. You want to get the best rate or deal you can and that is the best way to find it.

If you’re buying a piece of commercial real estate, make sure you investigate the immediate neighborhood. While you may like the property itself, consider that the neighborhood creates an ambiance that may affect your visitors or customers. Checking out the neighborhood keeps you aware of what you need to know and ensures that you are making a sound decision overall.

If your first commercial real estate purchase is a fixer-upper, then make sure you have the time and budget to make it profitable before buying. Not only do commercial sales take longer than home sales, but your property will also have to pass all sorts of inspections and receive special licenses from local and state authorities before it can be used for business. Preparing for such expenses and setbacks in advance is the best way to avoid a stalled project.

Marriott Brand Hotels for Commercial Real Estate Investment
Marriott Brand Hotels

Weigh all of your property options before choosing what to invest in. Apartments are an easy choice, but there are a lot of people who are already in the apartment market. Look into other types of commercial properties such as franchise hotels like Marriott Brands, Hilton Brands, etc, office buildings, commercial land, etc. It may be best to step out of your comfort zone and find a unique goal.

Hilton Brand Hotels for Commercial Real Estate Investment
Hilton Brand Hotels

Do not rush as you are preparing to purchase commercial property. The process often takes a lot longer to complete than other real estate purchases, and you do not want to make a poor decision because you are feeling pressured or frustrated. Commercial real estate can be complex and thus it’s wise to use professionals in the field to help you with the process. It pays to take your time and make the right decision.

Commercial real estate can indeed be a great investment and one that can turn into a long term asset. However, it is not only very difficult and time-consuming, but it also takes a lot of input on your part. Apply these simple tips and methods to make sure your time and effort is worthwhile.

For questions please Contact Us or comment below.

Off Market Commercial Real Estate Deals

Not Listed Properties Or Pocket Listings

Off Market Commercial Real Estate Deals
Off Market Commercial Real Estate Deals Picture By Pixabay

Big investor firms, Private Equity firms and institutional investors don’t like competition because competition drives the price up, and this does not help their bottom line. Also, if they are not feeling exclusive then they don’t have leverage going into the deal. Leverage is the key to these buyers. Without it, they know that they just waste their time. Therefore, we want to cover some basics of Off-Market commercial real estate deals and how we can help you in finding them or selling them.

 Sell Off-Market & Make More Money

The benefits of selling hotels Off-Market are huge for the sellers. Here is to name a few.

  • Your property is NOT shopped around
  • You don’t have to reduce your price over and over again to attract buyers (If you priced it right of course. If you price it too high out of its fair market value then you will lose buyers. This is a big mistake many sellers make. Price it right with a fair market value and we will help you determine that.)
  • Fewer tire kickers and curious buyers to deal with etc.

Creative Commercial Brokers have a track record of selling all the properties with a full fair market price or sometimes even higher than that.

Off Market Commercial Real Estate Deals Everywhere

For every listed commercial property, there are almost 6-8 off-market properties out there. These sellers are not thinking of selling their properties and they are not in that state of mind for many different reasons. Maybe the timing is not right, or maybe they just don’t want to sell it dirt cheap when the market conditions are not in their favor. Or, perhaps, they don’t want their employees to know that the business is for sale.

Therefore, losing good key employees is not what they want to deal with when they are trying to sell their commercial properties. Especially, in the early stages of selling their property and business.

Creative Commercial brokers are specialized in Off-Market commercial real estate acquisitions and dispositions. Specifically in hospitality assets and well connected with many of these big buyers to help you from beginning to end. We know from the experience that many sellers are looking for a way out at some point but don’t know how to, or which brokerage to contact to.

Because in the sellers’ minds, all commercial real estate brokerages are the same. They are going to list your property, sit on it until a buyer comes along, signing a listing agreement that they can’t even get out of until it expires. Also, with a big commission percentage or fee. It is not what these sellers have in mind. So they just sit on these properties and do nothing. Until someone creative with a different approach comes along and gives them all the solutions they have been looking for.

Is that someone you? If yes, we can deliver and take away all these concerns you may have. With our simple confidentiality agreement, we can assure your property will NOT be listed in any commercially known public domain.

Creative Commercial Brokers can really deliver all these goodies without listing your hotel or commercial property for sale in the major listing services.

We can find you a qualified buyer without letting any of your employees know that your business is for sale. Because we are an Off-Market brokerage.

Can we do all of these things for a reasonable fee without tying you up in a long term Non-Sense listing contract?

Yes, we absolutely can… As a matter of fact, we don’t have a listing agreement of any form. Just a simple two-page fee agreement that everyone can understand with basic English. No complicated language or fine prints!

We understand change happens and we all have to adapt to it. That’s why we have to offer something unique that has not been offered by others, especially big players in the commercial real estate industry. Because this is the only difference that makes us stand out from the crowd.

We offer such a unique service that no big brokerages offer out there. In fact, not even many small brokerage firms offer this kind of service.

For more information and submitting your commercial properties and hotels for sale “Off-Market”, please Contact Us.

Serious Sellers vs Time Wasters

How Can You Tell A Seller Is Serious About Selling Their Commercial Property or Hotel?

Before we can represent a seller officially, we, as brokers, have to make sure that we are on the same page and everything is in place. We (with the sellers) need to have our expectations aligned if this is going to be a successful representation. Therefore, it’s very important to find out early on whether you are dealing with serious sellers vs time wasters…

serious sellers vs time wasters

If the seller’s expectations are too high for the property’s market area or are unreasonable, it’s a red flag. Don’t even bother working with that seller, just walk away. You will save yourself a lot of time and frustration.

This Serious Sellers vs Time Wasters Comparison Applies To Every Seller

Let’s go into detail what we need from our sellers for a successful transaction and representation. If a seller is not going to cooperate with you, there is no point in moving forward. I mentioned how to differentiate yourself as an Off Market commercial broker for this niche market in my previous article. But now, we also look for certain features in the sellers to differentiate them in this serious sellers vs time-wasters comparison. This is a two-way street and the seller also has to play his part to make it happen.

Ask your seller to provide you due diligence documents to present his property to a potential buyer. If for any reason the seller hesitates to provide them, then he is not a serious seller. Any serious seller should know that he has to provide this information. You, as a broker, can’t sell a multi-million dollar property without a due diligence package. This is why it is so important to align expectations. If the seller is serious, then expect these documents:

Seller To Provide:

  • A narrative relating to the property
  • YTD actual financials (If property in operation)
  • At least last year’s actual financials, if applicable
  • Projected P&L of the fiscal year
  • Detailed Rent Rolls, if applicable (Not applicable to hotels or vacant properties)
  • At least a 5 year financial Pro-forma (If past financials are not available)
  • Site plan, building layout, plus building specifications (Whatever available)
  • Parcel map of the property, if applicable & location/address
  • Copy of the basic lease agreement utilized with tenants (This is an unfilled version, not each tenant’s lease agreement)
  • Occupancy numbers for non-hotel property types
  • STR Report for  hotels
  • Asking price of the property

It is OK if the seller does not have all of these documents right away. As a broker, you just need to know that he/she is willing to provide them. You don’t want to spend a lot of time on a deal that goes nowhere, especially if it is an Off-Market deal. It is the nature of an Off-Market deal to work with a small and select group of buyers. Without an adequate information package, you are shooting yourself in the foot by presenting an unfinished product. This is bad for your own reputation, of course, if you want those buyers to work with you in the future.

We focus and specialize in Off Market commercial real estate in Chicago and nationwide. We are experts in filling the void of multi-national and local real estate brokerage companies for Off Market commercial real estate. If you would like to sell your property without listing it, discover how Creative Commercial Brokers can help you reach your real estate goals in Chicagoland and nationwide.

As commercial real estate brokers in Chicago, we have built solid relationships with many qualified buyers looking for well-performing assets nationwide.

We welcome your business.

Comment below or Contact Us for any questions you may have.

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