Sharon Lancaster is a registered Realtor in Manitoba, strategic marketing consultant, internationally recognized public speaker and a published author.
Her passion for Real Estate extends beyond the transaction and into the realm of stewardship, as she strives to provide you with the questions and answers, required to make informed Real Estate decisions.
Are you a User or an Investor? There are two main types of commercial customers:
1. The Users who are seeking a property that will house their business. Their main concerns are location, visibility and the prestige that will accompany a particular property or location. Buying decisions will be affected by the buildings' age, or newness of the property, the neighborhood, safety...
Commercial Real Estate is divided into 3 distinct groups:
Industry - Warehouse, Manufacturing or Integrated Warehouse/Manufacturing space, purchased or leased along with areas designated as Office space. Some yard storage or parking may also be required. The sale or purchase of raw or serviced land to developers and owners/users is included within the Industrial Real Estate grouping.
The Commercial Real Estate Certificate Program is similar to other Manitoba Real Estate Association courses, in that it requires extensive reading and memorizing from the Canadian Real Estate Encyclopedia, as well as the Provincial Real Estate Reference Manual, Manitoba Edition. A 500 page Workbook and Assignment Booklet complete the study package.
My Blackberry task master reminds me this is the Monday I slated to begin the MREA Certificate Program: Principles of Commercial Real Estate. Technically there is still 1.5 hours left in the day. The Workbook weighs heavily on my desk. My Blackberry further reminds me, this is the Monday I am to begin my Principles of Commercial Real Estate blog.
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