Services Offered

 Detailed List of Services | Marketing Plan | Tenant Rep Plan

 

Detailed List of Services

 

Conventional Brokerage and Leasing:  Our brokers act as exclusive agents for property owners, developers, and retailers, and handle sales and/or leasing.  Our aggressive marketing employs the latest technology.

 

·          Marketing on the Internet (www.nolacommercial.com)

·          Digital photography and color reproduction of marketing materials

·          Online listing at the N.O. Commercial Investment Division site (www.cidneworleans.com)

·          Three color corporate logo signs

·          Target marketing through mass mailing and warm calling

 

 

Consulting: We provide evaluations and recommendations for property owners, retailers,

developers, syndicates, investors, and institutions, including:

 

·          Analysis of existing or proposed sites

·          Retail sales and competitive analysis

·          Retail development

·          Highest and best use analysis

·          Demographic and psychographic studies

·          Analysis and comparison of market rents and expenses

·          Consultation of space utilization and efficiency maximization

·          Development of marketing plans, including a targeted list of potential tenants

·          User decision analysis

 

 

Appraisal:  More and more, institutions, purchasers, and property owners need to know the current market value of their property.  We can provide and advise on these services at various levels of detail.  Property valuations for acquisition, disposition, refinancing, insurance, restructuring, and balance sheet verifications can all be performed.  Appraisal services apply not only to owned property but leased property as well.

 

 

Tax Abatement (Reductions):  With seven elected assessors in Orleans Parish (county) alone, and each parish having its own unique system, it is a necessity for property owners whose taxes are in question to have proper representation.  Property value changes, changes in market and property uses, and errors are all valid considerations of the subject property's assessed value.  Our fees can be structured on a percentage of savings or an hourly rate.

 

 

Property Exchange:  Through our experienced exchange associations, we can easily perform IRS (Section 1031) "Starker" exchanges.  No longer are property owners required to exchange one property for another.  The rules have been changed to allow for anyone owning a commercial property to be able to move their "basis" into another like-kind commercial property regardless of who buys the property, and thereby defer any capital gain taxes.

 

Property Management:  We have individual agents and staff who have been involved with properties ranging from apartment complexes and shopping centers to large and small office buildings.  Some of the services provided are:

 

·          Rent Collections

·          Accounts Payable and Receivable

·          Lease Administration

·          Tenant Management

·          Securities Services

·          Renovation Supervision

·          Budgeting

·          Billing Management

·          Monthly Financial Statements

·          Staffing

·          Parking Control & Maintenance

·          Preventive Maintenance

 

 

Construction Management & Supervision:  When doing a renovation or remodeling job, it is always better to use a knowledgeable professional.  We speak the language.  We assist in developing specifications, selecting contractors or sub-contractors, negotiating contracts, establish payment schedules and make sure all contractors are adequately insured.  Then we supervise the job.  We have supervised over a million dollars worth of renovations.  Our supervision doesn’t cost, it pays!

 

 

Investment Analysis:  Whether your needs include conventional brokerage, tenant representation, or appraisal services, anyone considering commercial real estate as an investment should seek the services of a Certified Commercial Investment Member (CCIM).   Our agents understand and explain:

 

·          Establishing Net Operating Income

·          Capitalization Rates

·          Present Values

·          Internal Rates of Return

·          Cash-On-Cash Returns

·          Loan-To-Value Ratios

·          Net Present Values

·          Capital Accumulation

 

We currently use several major software packages in evaluating investments including planEASe for investments and RELAOFF for office lease analysis.

 

 

Tenant and Buyer Representation:  "You would not go to court without an attorney, nor calculate your taxes without the help of an accountant, and you should not try to buy or lease real estate without someone representing your interest."  In today's real estate market, the line between representing the landlord/seller and the tenant/buyer is well defined.  RE/MAX Commercial Brokers can provide the buyer/tenant with proper representation.  The market knowledge of the agent and company are critical to obtaining an optimal deal.