48 – Augmented Reality & Virtual Reality Are Here, and Changing Commercial Real Estate!

Good morning and welcome to Episode 48 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

We have a fascinating interview for you today! Craig is talking with Steve Aukstakalnis, author of “Practical Augmented Reality: A Guide to the Technologies, Applications and Human Factors for AR and VR.”

Let us be the first to share the good news with you that the future is here. Virtual Reality and Augmented Reality are, well, real. And, the implications for the real estate industry are huge.

First let’s go over the differences between VR and AR. Virtual Reality is wearing goggles and being able to see 360 degrees of a different location; to be able to move through it. Augmented Reality is wearing googles and being able to see your current location with additional cues, markings, information, etc.

Now, think of how this technology could enhance the experience of a client who is shopping for office space. Imagine being able to walk through a property without actually needing to travel to or walk through the property!

How else could you implement this cutting edge technology? What will happen if you sit around on the side lines and wait a few years before doing so? How expensive would it be to create these virtual reality tours? Tune in and join us to learn more!

Thanks for listening!

Please leave us a review in iTunes so that we can help more business owners just like you.

Steve Aukstakalnis can be reached via phone or e-mail. Give him a call at 305-432-2216 or e-mail him at steve@practicalar.com

Helpful Links:

Read Steve’s book Practical Augmented Reality

For more information, be sure to visit LeaseSmart.com

47 – The Landlord’s Little White Lie That May Cost You Big Money

Good morning and welcome to Episode 47 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

Today Craig sheds a little light on a white lie that landlords use that could cost you big money. Here’s the thing: if you are looking at a property already and you bring a leasing agent into the picture, the landlord and the landlord’s agent aren’t going to be too happy about it. Craig thinks very highly of landlords and landlords’ agents. They are good people! You have to understand though, that they are working for the owner. It’s their job to get their client the best deal. That would be in direct conflict then with getting YOU a good deal. And, by bringing your own agent in to protect your interest, you’re making their job a little harder and their cut a little smaller.

So, the little white lie is that when you bring your own agent to the party, they’ll say, “Well, that’s fine but the the price is going to go up now, now that your agent will need a commission.” Don’t fall for it! Craig has NEVER seen a price go up due to his involvement. The commission gets divided and that’s built into the deal in the first place so while the landlord’s agent will get less, you won’t be paying more. Now you know.

Thanks for tuning in!

Please leave us a review in iTunes so that we can help more business owners just like you.

Helpful Links:

For more information, be sure to visit LeaseSmart.com

46 – Got Cold Feet? Your Risk May not be as Bad as You Think

Good morning and welcome to Episode 46 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

Today Craig brings up a topic that we can all relate to: Cold Feet. Whether you’ve made big business deals or small ones, you’ve felt it. It isn’t surprising either when you think about the long term obligations into which you’re entering.

When signing a lease for example, you might get nervous about being on the hook for a property for the full length of your lease. Talk to your agent, your financial advisor and your lawyer. Go ahead and get some advice. You may find that the risk you’re facing isn’t as bad as you think. In some cases, if faced with personally guaranteeing a lease, you can homestead your home to insulate it from exposure.

Thanks for tuning in!

Please leave us a review in iTunes so that we can help more business owners just like you.

Helpful Links:

For more information, be sure to visit LeaseSmart.com

45 – Using Science and Data to Make the Best Location Decisions

Good morning and welcome to Episode 45 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

Today Craig welcomes a fascinating guest, Wayne Kocina to talk about his company Geowize. At Geowize, Wayne’s team members analyze incredible amounts of data so business owners can choose the best locations for their businesses. This process is called “location intelligence.” Wayne and his colleagues consider everything! They examine demographics such as family-size population, estimated annual revenue and psychographics to analyze how and where people spend their money. Geowize does all the above (and more) to pinpoint the most charming spot for you and your customers to meet. Join us for this episode to learn more!

Please leave us a review in iTunes so that we can help more business owners just like you.

Helpful Links:

If you’d like to contact Wayne his e-mail address is wayne@geowize.com and his phone number is 313-731-1416.

For more information, be sure to visit LeaseSmart.com

44 – Should I use Friends or Family as my Leasing Agent?

Hello, and welcome to Episode 44 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

Today Natalie springs a leasing question on Craig about whether it is wise to use a friend or a family member as your leasing agent. This is one of those situations that could be kind of tricky! Craig recommends that if the family member or friend is an expert in the commercial real estate market then it could be a fine arrangement.

You just have to be careful of two things. First, make sure that the individual is an expert in commercial real estate and not just residential real estate. Second, make sure that the individual wouldn’t have any conflicts of interest. This means that you wouldn’t want to use the friend or family member as your leasing agent if they were also the listing agent, for example. We hope this is helpful information for you! Thanks for tuning in!

Helpful Links:

For more information, be sure to visit LeaseSmart.com