Join host Keith Andrews as he sits down with John Letourneau, Director of Commercial Operations at eXp Commercial, for an eye-opening conversation about how commercial real estate drives economic development at every level.
Key Topics Covered:
– The massive economic impact difference between residential and commercial real estate transactions
– Why commercial brokers must engage with municipalities and economic development officials early in the process
– Building relationships that matter: It’s not who you know, it’s who knows you
– The importance of being involved in zoning and land use decisions 2+ years before development
– Lessons learned from market downturns and the power of relational vs. transactional business
– Tax advantages and investment diversification opportunities in commercial real estate
– Career advice for professionals considering entering the commercial real estate field
Episode Highlights:
“If you sell a million dollar factory, forty workers now need a place to go every day. Those suppliers need to bring product in and out of there… So they’re bringing in community resources to two hundred ten, twenty, thirty times the fiscal impact a single million dollar home would sell.” – John Letourneau
This episode was recorded live at the Commercial Mastermind Summit in downtown Nashville, Tennessee, just blocks from the Cumberland River and across from the Titans stadium.
Perfect for economic developers, commercial real estate professionals, contractors, engineers, and anyone interested in understanding how commercial real estate shapes our communities and drives local economic growth.
Learn more at BuildForwardNow.com
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