Communication and Negotiation Flashcards
C&N: In your agency Bristol search for an industrial premises what was in your schedule?
Property Address, size, asking rent, on the market date, pictures of the site and a link to the sales details.
C&N: In your agency Bristol search for an industrial premises what was your clients requirements?
Their requirements were for a 5,000 sqft Industrial unit on the outskirts of Bristol with storage yard and roller shutter door.
What are the current primary and secondary rents and yields for Industrial units in Bristol?
£15 - trade counter
£9 - £10 new build
£8.50 - big shed
Can be less than 5%. The Tesco Distribution In Avonmouth. Normally around 5-6%
Land values are around £650 - £700k per acre
C&N LV2 Cornwall: What was wrong with the septic tank and what was the costs involved?
The tank had reached the end of its economic life and required modernisation. The costs in involved was c.£10k for the new tank where the original would cost around £5k to replace.
C&N: What is effective communication?
Communication that is proactively and is appropriately chosen for the current situation.
Leaves the client with no doubt regarding what has been discussed.
C&N: How do you tailor communication to client needs?
This is based on individual client requirements.
Some clients wish to not receive emails only phone calls so staff cannot see any notifications form Colliers.
C&N Agency Cornwall: What are aspects are there within the buyers due diligence process?
This entailed all the enquires they were making prior to the purchaser such as:
-Planning searches
-EPC
-Title and register
-Report on title
-environmental checks
-Statutory compliance
C&N: How do you tailor communication to client needs?
This is based on individual client requirements.
Some clients wish to not receive emails only phone calls so staff cannot see any notifications form Colliers.
