3 Months
Beth Azor, The Canvassing Queen
“The Canvassing Queen?”, CRE Leasing Coach, Developer, Investor, Author/Speaker, CRE Women’s Investment Summit
131400 minutes.?2190 hours. 13 weeks.
3 months.
That’s how long it takes a leasing agent to get their arms around a new listing.
If you are an owner of a shopping center and want to change listing agents, know that it will typically take the new agent 3 months before they start to produce consistent deal flow.
Now they may get lucky and get a deal quicker, but on average it takes 3 months.
So don’t lose patience.
You made a change because you believed that needed to be done.
Give the new agent a chance, but understand it will take 3 months.
#leasingagent #leasingagentlife
National & Regional Retail Tenant Advisory // ICSC Next Generation Leadership Network
2 年Sam Krueger Kaitlyn Theriot good read!
Commercial Real Estate Consultant | ARGUS Instructor at UCLA Extension
2 年Takes time to transition—whether you’re a new employee at a co.; leasing agent taking on a new leasing assignment, etc. For a leasing team, it could take a few months (up to 3 months per post above) for them to get up to speed, etc. While a project is undergoing various common area capex projects etc., that could impact leasing momentum as well. On the office side, w/ the pandemic it's taken longer for some teams to adjust on some of our props. So, there could be various factors at play which could affect transition time & leasing velocity. Ultimately, there are some situations where the landlord does need to switch up the leasing team though. Thanks Beth Azor, The Canvassing Queen for sharing the post & your thoughts on the topic. #CREValueAdd ?? Follow Chris Matthew
Retail Real Estate in Florida | PRINCIPAL AT KATZ & ASSOCIATES | Leasing, Tenant Rep, & Sales | CRE Mentor | FloridaRetailPro.com |
2 年Thank you!!!! ??