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daniel aubry

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Rainmaker
2,362,977
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

wow - this may be the most complicated question I have seen on AR! 

Jan 25, 2016 10:58 AM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I'd suggest  to bring an agent with experience on board if you have never done anything like that. Team up.

Good luck!

Jan 25, 2016 04:20 PM
Rainmaker
4,572,183
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

I'm sorry this transaction sounds as if it is heading for trouble.

Find a referral partner.  

Jan 25, 2016 09:35 PM
Ambassador
3,727,873
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

Sounds like you need your broker and an attorney at your side to do this competently.

Jan 25, 2016 01:11 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Danile, It is clear you are over your head and that is never a good place to be. Find a skilled agent in commercial development and either partner on the deal or refer it. Some is better than done if you should blow it.

Jan 25, 2016 11:42 AM
Rainmaker
2,071,025
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

Great question and answers. 

Something I can use too.

Thank you!

Nov 20, 2019 06:04 PM
Rainmaker
1,598,452
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

I hope you got that deal.

Nov 20, 2019 04:46 PM
Ambassador
6,393,494
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I have seen situations like this.

Apr 19, 2019 11:49 PM
Rainmaker
1,052,211
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

What Ken said, plus, find a top CRE broker and bring them on, split with them and let them lead. You brought in the players, but you need help. And your client needs a RE attorney.

Jan 26, 2016 01:36 AM
Rainmaker
7,836,139
Roy Kelley
Retired - Gaithersburg, MD

Good luck. You need to have experience to handle transactions like this. 

Jan 26, 2016 12:56 AM
Rainmaker
140,768
Joan Dickie
Keller Williams Premier Realty - La Crosse, WI
Keller Williams Premier Realty

I have to echo the rest.  Co list with an experienced commercial agent.  It will save you money, time and angst.

Jan 26, 2016 12:43 AM
Rainmaker
2,781,173
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

A developer will want to purchase outright so they can offer fee estates. This allows maximum ROI and is easier to get financing upfront and at the back door. The church would do well to either partner up as in they put up the land and the developer does the rest and some split ratio after that. Your commission should be included in the structure of the buyer/seller deal or include an option for sales on the finished developed product if you prove to the developer your worth (bring him a good deal). Or a flat fee from both for bringing them together. Cost of living increases that tie in to the consumer index is how to structure future values and the more astute can have language that compounds the increases if they have a whale client and the client agrees. Lots of good value here for all $$$ if a qualified, professional mover & shaker leader type steps up & commands

Jan 25, 2016 11:36 PM
Rainmaker
1,661,936
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I will say that's a first for me.

Jan 25, 2016 11:13 PM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

land transactions are much more complicated than a residential resale property listing.... you need to refer this to an agent who is well versed with land transactions....you should accompany and learn....but just listen, observe and learn.... 

Jan 25, 2016 10:59 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You should talk to your broker. I would not take a listing that is beyond the scope of my expertise.

Jan 25, 2016 10:30 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Ask your Broker!!!

Jan 25, 2016 10:27 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Daniel,

You are asking for a seminar on a Q & A forum. 

It is most likely you are referring to a land-lease which is common but should be left in the hands of the attorneys. 

Those involved should 'thank you for your service'  and invite you to follow up with them in 99 years.

In any transaction, most specifically commercial, if you don't have the compensation conversation you will be working pro-bono.

 

Jan 25, 2016 10:20 PM
Rainmaker
4,882,355
Richard Weeks
Dallas, TX
REALTOR®, Broker

Sounds like you are operating outside your area of expertise.  I suggest you partner up with a good commercial broker in your area and split the commission.

Jan 25, 2016 09:52 PM
Rainmaker
911,338
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

If this is outside of your area of expertise, then you shouldn't be doing it. See if you can find a local commercial agent to refer it to, or will help educatate ou for a small referral fee. The education you get will be worth it.

Jan 25, 2016 09:13 PM
Rainer
42,670
Fred Hafdelin
Weichert Realtors - Mountain Lakes, NJ

You need to involve your Broker, partner with an experienced Commercial Realtor and get an Attorney who is experienced in commercial leases. And finally make sure your E & O premium has been paid. You are in very deep water.

Jan 25, 2016 07:30 PM
Rainmaker
2,759,812
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good morning! It sounds like you're way over your head and you need somebody to help you. Not get free advice from active rain.

Jan 25, 2016 05:15 PM
Rainer
140,560
Richard L. McKinney P.A.
Atlantic Shores Realty Expertise - Port St Lucie, FL
For Results that MOVE you on the Treasure Coast!

Yeah, a lawyer needs to complete the lease. As for your commission, you need to refer to your listing agreement if you have one. If not, consult with your broker and/or a local commercial agent. You may need to bring in a commercial agent as a partner or take a referral on it. 

Jan 25, 2016 11:45 AM
Ambassador
2,684,109
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     Get an Attorney involved immediately.   Partner with an experienced commercial leasing Agent; be sure to get that agreement approved by your Lawyer.

     Structure the deal so that you get paid any compensation UP FRONT upon signing.  

    Whether a lease is one year or 99 years, the chances of the Lessee or Lessor sending you an annual commission check are slim to none.   If you don't get your fee upon signing, you will probably never see a dime... and "going to court" will cost more than it is worth.

Jan 25, 2016 11:36 AM