Commercial

West San Gabriel Valley REALTORS® (WSGVR)'s Commercial Committee has been formed to provide valuable services to our commercial REALTORS® since 2007 by:

  • Delivering quality commercial real estate education and networking opportunities with other commercial REALTORS®.
  • Offering the opportunity to "pitch" listings to other commercial REALTORS®.
  • Introducing commercial REALTORS® to many services provided by the National Association of REALTORS® and the California Association of REALTORS®.
  • Introducing commercial REALTORS® to lenders, title, appraisers, inspectors, attorneys, etc.

Other services that WSGVR provides to its Commercial members are:

  • Access to the National Association of REALTORS® news and information for their marketplace.
  • Strategic alliances with Commercial real estate vendors.
  • Legislative advocacy on the local, state and national levels.
  • Weekly MLS Breakfast meetings and monthly commercial seminars.

Latest Commercial News

URGE YOUR SENATOR AND ASSEMBLY MEMBER TO VOTE NO ON AB 1482

C.A.R. OPPOSES UNLESS AMENDED AB 1482 (Chiu), which creates a very restrictive statewide rent cap and burdensome “just cause” eviction standards. C.A.R. had reached an agreement with the sponsors and the bill’s author to make reasonable amendments to remove C.A.R.’s opposition. The consensus language would have promoted tenant protections and protected property ownership. However, because our consensus language was not incorporated into the bill, C.A.R. is opposing AB 1482. The bill could be heard in the Senate as soon as Tuesday, September 3rd and in the Assembly within a day of that. YOUR ACTION IS NEEDED NOW. YOU WILL NEED TO CALL BOTH YOUR SENATOR AND YOUR ASSEMBLY MEMBER TO ASK THEM TO OPPOSE THE BILL.

Modest Uptick in Commercial Property Sales and Prices in 2019 Q2
Commercial real estate deals and prices of properties that are typically less than $2.5 million are still rising though at a modest pace, according to NAR’s 2019 Q2 Commercial Real Estate Market Trends & Outlook Report.[1]

2019 Q2 Commercial Real Estate Market Trends and Outlook
NAR’s Quarterly Market Survey gathers  information about the commercial transactions of REALTORS® and members of affiliate organizations (CCIM, SIOR, RLI, IREM, and the Counselors of Real Estate) and the opportunities and challenges facing commercial practitioners.

Commercial Digest, June, 2019
Understand the benefits of NAR's recent partnerships with the new Commercial Listing Platforms FAQs, read the 2019 Q1 Commercial Market Trends and Outlook Report, and watch a panel discussion, conducted during the REALTORS® Legislative Meetings & Expo, about Opportunity Zones.

FAQs - NAR’s Partnerships with Commercial Listing Platforms
Learn how NAR's commercial listing platform partnerships came to be: Read our Frequently Asked Questions to understand the benefits.

2019 Q1 Commercial Real Estate Market Trends and Outlook
NAR’s Quarterly Market Survey gathers information about the commercial transactions of REALTORS® and members of affiliate organizations (CCIM, SIOR, RLI, IREM, and the Counselors of Real Estate) and the opportunities and challenges facing commercial practitioners.

Commercial Digest, May, 2019
NAR announces a new partnership with two commercial listing platforms, a new REALTORS® and Sustainability Report indicates that promoting energy efficiency in commercial listings is valuable...

Impact of Amazon HQ2
These presentation slides are from Brian Ball’s talk at the Commercial Real Estate Economic Issues and Trends Forum at the REALTORS® Legislative Meetings & Trade Expo in Washington, DC, on May 16, 2019.

Q1 2019 Commercial Real Estate Outlook
The last quarter of 2018 registered a solid increase in the volume of sales transactions in LCRE markets, closing the book on the year on a high note.

Second Century Ventures Launches REach® Commercial Accelerator
WASHINGTON (February 19, 2019) — Second Century Ventures, the National Association of Realtors®' strategic investment arm, has launched REach® Commercial, its first commercial real estate technology accelerator. Applications for the 2019 REach® Commercial class will be accepted through March 31, 2019, at narreach.com/apply (link is external).

NAR’s USA Pavilion at MIPIM
MIPIM, one of the largest commercial real estate conferences in the world, is happening in Cannes, France, March 12-15th, 2019.

London Draws Most Global Real Estate Investment
Gateway cities remain heavily important in large, global commercial real estate, according JLL’s most recent research.

Realtors® See Increase in Commercial Income and Sales Volume for Second Straight Year
WASHINGTON (November 15, 2018) — Commercial real estate markets are on the rise, with Realtors® specializing in commercial real estate reporting both an increase in members' gross income and sales volume, according to the National Association of Realtors® 2018 Commercial Member Profile.

Developers Aren’t Sweating The Drying Up Of Foreign Capital In U.S. Real Estate
Published Monday, September 10, 2018 - Commercial real estate is riding a wave of economic expansion, but, even though a familiar source of capital has receded, U.S. developers aren’t ready to hit the panic button.


2019 Commercial Seminar Schedule

  • February 12, 2019 | 12PM-2PM: Introduction to Land Brokerage.  Click here for the photos...
  • March 12, 2019 | 12PM-2PM: Marketing on Steroids and The Residential Agent's Handbook for Commercial Real Estate
  • April 9, 2019 | 12PM-2PM: State of the Commercial Market
  • May 14, 2019 | 12PM-2PM: Understanding BOMA (Building Owners and Managers Association) Reports
  • June 11, 2019 | 12PM-2PM: 'Buying Commercial Properties as an LLC or Corporation' and 'Building Corporate Credit for Business Growth'
  • July 9, 2019 | 12PM-2PM: Phase I, II, & III Environmental Studies
  • August 13, 2019 | 12PM-2PM: How to Write Winning Sale Leaseback Contracts
  • September 10, 2019 | 12PM-2PM: 'Marketing Commercial Listings on CREXi' and 'The Fundamentals of Restaurant Business Valuation'
  • October 8, 2019 | 12PM-2PM: Cost Segregation
  • November 12, 2019 | 12PM-2PM: CoStar - Year-end Review and 2020 CRE Forecast' and 'Marketing Commercial Listings on AIR

Click Here for the 2017/2018 Commercial Seminar Schedule


RESIDENTIAL DEVELOPMENT & LAND USE SERIES

Date: June 10 - July 17, 2019
Time: 1:00 pm - 4:00 pm

Cost: Single Course: WSGVAR Members: $65/course; Non-WSGVAR Members $75/course

Entire 5 Course Series: WSGVAR Members: $260; Non-WSGVAR Members $300

(Refreshments will be provided)

Instructor: John Kaye, Argus College

Description: Residential Development & Land Use Series.
This live training series will cover the fundamentals and basics of land development, from the initial land acquisition through the entitlement approval process.

Schedule:
Monday, June 10th, 1PM-4PM:  INTRO TO LAND DEVELOPMENT
Wednesday, June 19th, 1PM-4PM:  ENTITLEMENTS - HOW PROJECTS GET APPROVED
Monday, June 24th, 1PM-4PM:  NUANCES OF INFILL DEVELOPMENT
Monday, July 8th, 1PM-4PM:  LAND VALUATIONS & PRO FORMAS
Wednesday, July 17th, 1PM-4PM:  DUE DILIGENCE PROCESS

View Flyer

 

 

NAR Five Commercial Affiliates

Continuing Education

Continuing your education is a great way for REALTORS® to keep updated and refreshed in the field. West San Gabriel Valley Association of REALTORS® has affiliates who help satisfy this need. Please see the below organizations for further education.

Commercial Forms

Commercial transaction forms are always available to our members. These can be found through:

Commercial Data & Listing Resources

Commercial practitioners need access to listing services, property data, marketing services, and other commercial real estate-related data and technology resources, click here.

NAR Online Member Guides