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Friday Thoughts - October 18, 2024

Exams.

They are one of those things that we all go through at some point or another, but I haven’t met too many people that actually enjoy them. Everyone approaches them differently, but in the end, they are one of the few ways to really gauge how well someone understands subject matter.

I think we all hope that at some point we will have written our last one, but we never really know. I’ve written dozens over the years, and it doesn’t really matter when it’s been, there’s a different set of nerves that kick in right before I walk through that door.

A week ago, it was no different.

I was prepared. I knew the course material. I was pretty confident that I was going to do well. And still, those nerves were still there, just like they always are.

I’m happy to report that I PASSED! The successful completion of the next level of my Commercial Real Estate designation is finished!

I have spent countless hours understanding the unique ways in which Commercial real estate works. There’s a large variety of different properties and businesses, and also rules, regulations, and complex contract details to understand when you embark upon a commercial transaction.

Having an agent on your side that can explain and calculate Capitalisation Rates, Time Value of Money, Rates of Investment Returns, Amortization Schedules, Debt Service Coverages, Lending Values, etc, is a very good thing. They are all important details, depending on the type of purchase or sale, and your short & long-term real estate goals.

So, if you’ve been contemplating a commercial real estate investment or sale, give me a call. Not only is that a large part of what I do, I also have the knowledge and credentials to lean on to provide you with great advice and guidance.

I wish I could tell you that was my last exam, but I know it wasn’t.

There’s always more to learn.

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