“Cooperation is the best way of doing brokerage… which just so happens is the way that about every other efficient market outside of the commercial real estate world works,” said Solomon Poretsky, Executive Vice President of Organizational Development at SVNIC.
SVN considers itself to stand out against other real estate firms through the use of cooperation and a Shared Value Network set in place by the corporate offices of SVNIC and practiced by local SVN offices. At SVN, each listing is presented to a national and international platform of buyer and buyer’s brokers through a national listing platform, local, regional and national email blasts as well as an international weekly sales call with new listings from SVN which outside brokers are welcome, and encouraged, to join.
Corporation Cooperation
SVN Gold Dust Commercial Associates is a franchisee of SVN International Corporation (SVNIC), located in Boston, MA. SVNIC holds over 1,500 Advisors and staff in over 200 offices nationwide. Ranked as the sixth-most recognized brand name in commercial real estate, SVNIC provides the latest technology, tools and platforms to their employees and clients alike.
The platform of cooperation is unique and draws buyers and their representatives to the product. In a recent survey of 15,000 CRE transactions, properties with broker cooperation had an average 9.6% higher value per square foot throughout all property types. Cooperation drives up interest, which drives up value and secures a higher price.
An open market system based on cooperation to brokers on the international level is successful in large part due to technology and has pushed a focus onto local offices to embrace new technology, training, and tools in order to provide the highest quality service to their clients. Changing and evolving the process we use to get new information out to clients and the community continues to be a primary focus for SVNIC.
“Companies that seek out and embrace change are healthy, growing and dynamic organizations, while companies that fear change are stagnant entities on their way to a painful demise,” said SVNIC CEO Kevin Maggiacomo.
The Local Team
The local SVN offices have increasingly gained recognition in the northern Nevada market through the use of the tools provided by the SVNIC offices and a hardworking team to implement them. Over the past several years, the Industrial Team has gained a considerable amount of market share. Throughout 2015, the team completed over $10.8M in sales transactions and currently represents over 530,000 square feet of industrial/office product throughout Northern Nevada. Through strategic marketing tactics and detailed tracking of the industrial market, the team has helped to decrease the vacancy and increase the value of a property for their clients.
SVN leads clients through each step of moving within or into northern Nevada from start to finish. Exclusive tenant representation combines SVN’s comprehensive market knowledge, financial analysis and research tools with their negotiating expertise to attain solutions for each client. SVN provides market reports, site selection analysis, lease comparison and competition tracking for tenants coming to the northern Nevada market.
Over the past year, SVN and its Advisors were nominated for and won multiple awards through local and national competitions. Most recently, SVN was announced as a finalist for the 2017 Nevada Business Magazine’s Family Owned Business Award for ‘Change is Good.’ At the 2016 Summit Awards, 2015 Generalist of the Year was awarded to Managing Director Thomas Y. Johnson while the 2015 Mixed-Use Development of the Year awarded to The Johnson Family Revocable Trust and Shaheen Beauchamp Builders for a local building renovation project. Additionally, Managing Director Tomi Jo Lynch took home the 2015 SVN® Trainer of the Year awarded by the SVN corporate offices as well as being appointed a seat on the 2016 – 2017 SVN International Corporation Board of Advisors.
SVN Advisors and staff have strong ties to Nevada and focus their passion for the improvement of the state and the citizens and business within.
For more information about SVN® | Gold Dust Commercial Associates or to reach out to one of our Advisors, please visit: www.svngold.com.