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This page shows you all of the Articles and Links you requested. Assuming you have an account and are signed in, you will see a link to save the Article or Link to "Saved A&L" for later review. Once you do either, the Article or Link will be moved. You will need an account to use these features, and you must be signed in as well.

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    Posted by Steve Watts, on April 23, 2018
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  • link Texas Real Estate Commission Consumer Advocacy
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    Synopsis Posted by Steve Watts, on August 3, 2019
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    The Texas (and other State’s) Real Estate Commission (TREC) exists to implement the state laws established around the practice of Real Estate. The state decided at some point - I used to know the date - that consumers need to be protected from fraud and ignorance in the most consequential transactions in which some folks will ever be involved. TREC has come a long way in simplifying what it thinks the consumer needs to know.

    They require a lot of things, but some of the most important center around setting up a relationship with a Real Estate professional. They want you to know that until you have an agreed upon relationship with your Broker, you can not assume that they work for you because by statute, they do not. This doesn’t mean that they are allowed to lie to you - just that their duty is to provide their client with the best possible information, and that until you are their client, you need to assume their client is someone else.

    They do a much better job of explaining it than I do with their Consumer Protection Notice, which talks about where to file a complaint, what recovery options are available to you as a consumer, and how to get more information. Add to that their Information About Brokerage Services document, which explains in detail the professionals you will be working with, the minimum duties of these professionals to their client, and more detail about the different ways a given Brokerage can represent you in your Real Estate transaction. This information is critical to you and to your understanding about who to trust and what to share. TREC requires all Real Estate professionals in Texas to provide this information to you BEFORE they conduct substantive discussions with  you about your Real Estate needs.

    There is a good deal of useful information on the TREC Web Site. You can investigate the licensing status of anyone you are considering using as your Real Estate professional, including complaints lodged against them. Most of it is aimed at the Real Estate professional, so you might well consider it pretty dry reading (not that a Real Estate professional doesn’t…).

    Every state has rules set out for this situation. I haven’t reviewed the regulations of any other state in detail, but it is my  understanding that all states regulate these transactions to some, and probably to a similar degree.

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  • link Supply Chains and Industrial "Warehouse" Requirements
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    Synopsis Posted by Steve Watts,
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    Supply Chain Management InfographicOverview 

    Many (most?) in the business world have no real need to understand the ins and outs of commercial real estate property types until they experience a need to expand or contract their business. My goal here is to take you briefly through my experience, converting my business experience into an understanding of the Industrial & Flex warehouse market.

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  • link CoStar Arial Survey of Houston CRE Market
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    Synopsis Posted by Steve Watts, on July 12, 2019
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    A Houston Chronicle article documents an effort by CoStar to take a video survey of the Houston CRE market.

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  • link Top 100+ Real Estate Crowdfunding Sites
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    Synopsis Posted by Steve Watts, on July 12, 2019
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    There are CLEARLY many ways to invest in commercial real estate (CRE). One of the newer ways is an offshoot of crowdfunding - but for CRE. This site does indeed seem to have the names of nearly 100. Actually, I counted tonight, and count 59 in “tier 6,” which appear to be unreviewed and unlinked. “Tier 1” is a wish-list set of categories that no one in the industry attains, and then “Tiers 2-5” comprise 25 companies that appear to have been reviewed fairly carefully. Some or all of the rest appear to have been assessed and found to have deficiencies that indicated to the author that they are not currently able to support a full assessment. I did sign up and download the latest version of his assessment spreadsheet available and am looking it over. It appears to be aimed at the more serious investor - which hopefully is a good thing.

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  • link Multifamily Classifications
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    Synopsis Posted by Steve Watts, on August 16, 2017
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    This is a nice little summary of Multifamily property classifications and what these classifications typically mean in terms of property quality. There is also a discussion of what it all means in terms of financing options.

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  • link Articles & Links Categories & Filters
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    Synopsis Posted by Steve Watts, on February 27, 2017
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    This article describes the method provided to help you sort through articles and links on our site. The site uses a system of categories and filters to help you narrow things down to your interests, and lets you save them and archive them so that they won’t be included in the future.

    This graphic below is an attempt to illustrate some the first-level methods for sorting Articles & Links (A&L). All A&Ls are grouped in the blue stack box. These can be sorted by CRE Type (yellow) and Metro Areas (yellow). CRE Types in this case will be all types available on our site. Metro Areas in this case will be Metro Areas where there is some activity. In each of these cases, you may save one or more CRE Type or Metro Area (gray) to use directly as filters, and if you have then links will show up for these with a count of the number of Areas or Types. The result of this sorting would be filtered lists of A&Ls.

    Graphic showing Articles & Links Categories & Filters

    Additionally, each article - with the exception of “sticky” articles which will already show up - can be saved for later use or eliminated from future consideration by archiving it.

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  • link NAIOP Terms & Definitions - Real Estate Types, Etc.
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    Synopsis Posted by Steve Watts, on December 17, 2016
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    The NAIOP (National Association of Industrial and Office Parks), also known as the Commercial Real Estate Development Association, is an organization for developers, owners and related professionals in office, industrial and mixed-use real estate. This is a link to the Terms & Definitions page for their research foundation. You can navigate these on their web site, but they also provide a link to a .pdf to the right of the “Terms & Definitions” label that I found quite useful.

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  • link Texas Real Estate Commission - TREC
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    Synopsis Posted by Steve Watts, on December 16, 2016
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    This is the official web site of the Texas Real Estate regulating body - the Texas Real Estate Commission. If you are a prospective or actual buyer or lessee, this is where you can go to learn about what you can and should expect out of the players in your real estate transaction. You can learn about the the agents and brokers involved - whether or not their licenses are active (they MUST be for them to deal with you) - and whether or not they have or have had disciplinary action against them. If you are I would suggest that you browse the site just a bit to make sure you know what is there that might be useful to you. Bon apetit.

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