How do I find good brokers in a area i'm trying to get in to?
Hi,

I'm did a few commercial deals in my area and i know the brokers here. I'm trying to find deals a little further out and I'm having a hard time finding good brokers. Is there a way to find CRE brokers preferably with the most listings in an area?

&amp;#x200B;

Thanks.
[{"id": "ih2nxf1", "text": "What area are you looking into ?", "replies": [{"id": "ih2o8cf", "text": "Eastern Pennsylvania", "replies": [{"id": "ih3lmly", "text": "As in Philly or anything not Philly?", "replies": [{"id": "ih3m1c7", "text": "Not Philly...", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ih3pv32", "text": "When looking at an investment property, I recommend that you interview a few. A broker with a lot of listing may focus on that side of the business vs the buying side. \nAsk for a list of a few properties they helped purchase, did they take a look at the underwriting of the property, can they help you to understand your yield for a 5 year or a 10 year hold.", "replies": [{"id": "ih3qa1i", "text": "Sounds like good advice. Thank you.", "replies": [], "depth": 2}, {"id": "ih46t80", "text": "Can you explain about to understand your yield for 5-10 years hold? What things to know about underwriting for property?", "replies": [{"id": "ih6gec5", "text": "As a broker, when I sell an investment property, I advertise a cap rate and a lot of people just getting into these type properties look at this number as their profit. \nThis number does not take into account the annual increases, depreciation of the improved properties and any additional potential income. \n\n Yield is the annual income from the investment, expressed as a percentage of the investment's total cost.\n\n\nWhen I underwrite a property, I look at all these numbers and then calculate what that number would be if I was to sell it in 5 or 10 years.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ih49un7", "text": "Ask the brokers you currently use.", "replies": [], "depth": 1}, {"id": "ih526t1", "text": "If you have access to CoStar, you can find capital market reports for various markets. These reports list the top brokerages based on sales volume. Go on the brokerage\u2019s site to see who has most of their listings. This is my go to method for finding top brokers for multi family deals in markets I\u2019m not familiar with.", "replies": [], "depth": 1}, {"id": "ih5khz2", "text": "DM me and I can try to help you find someone tomorrow", "replies": [], "depth": 1}, {"id": "ih8n9ap", "text": "If you\u2019re in DFW, feel free to DM me", "replies": [], "depth": 1}]