I was recently reminded about the value of being versatile in the commercial real estate industry. I deal with clients ranging from individuals to large corporations, someone looking to rent 400 SF for a small office to someone looking to buy a 300,000 SF industrial building. Commercial real estate requires versatility and adaptability. Here at SVN®, we pride ourselves on both.
One of our core covenants is “Cooperate proactively and place my clients’ best interests above my own.” Although we always work to place our client’s best interests above our own, their interests often vary greatly from client to client. Our commitment, professionalism, and level of skill does not vary between clients, but our communication and negotiation styles certainly do.
Earlier this month I closed a deal that was a lease for 512 SF in an office building in downtown Reno. The new tenant is an individual that is just starting their own business. A few weeks ago, I also completed a land disposition for $1,900,000. The buyer of this parcel was a large corporation with deep pockets and plenty of real estate knowledge. The level of care I demonstrated throughout both deals was the same, but I needed to be versatile and adaptable while facilitating both deals. A person starting their own business and looking for a small office has different needs and communication style than a large corporation looking to make a land investment.
The commitment remains the same, but meeting the client where they’re at and adapting to their needs and style is equally important. Those of us in commercial real estate need to have the ability to be a chameleon, as well as never change our spots when it comes to putting our clients first.
Tomi Jo Lynch, SIOR, CCIM, Managing Director
775.530.2621
Tomijo.lynch@svn.com