News: Front Section

Why earn the SIOR Designation

SIOR is a professional commercial brokerage credential held by approximately 2,600 office and industrial real estate brokers. This commercial real estate brokerage professional designation distinguishes you from the general brokerage community - leading to more business; assists you in conducting your business practices and transactions at the highest level of professionalism; provides you with a Code of Ethics that clients highly value; and enables you to constantly improve your skills. Several other reasons also are apparent why a commercial real estate broker should want to earn the SIOR designation. These reasons include: * SIOR allows you to more effectively network within your own firm's network. You earn recognition within your firm as the elite office or industrial broker and a "go-to" person. With many brokers to choose from within a company, it is often reassuring to a referring broker when an SIOR broker can be used. The referring broker has a high degree of confidence that a valued client will be properly serviced with the highest level of professionalism, whether the assignment is large or small. A request to use an SIOR broker is adequate to assure that business will not be handled by a junior, less-experienced broker. * Although your firm may cover a multitude of markets, often a client may have a requirement in areas with no coverage. It is important to have an SIOR relationship in secondary markets. In this manner, representation can be made by you to the client that they will be serviced by an experienced SIOR broker who maintains the highest quality standards of the profession. * Members state that they have been selected over competing brokerage firms on major assignments and that the SIOR designation has been the deciding factor. * Many SIOR commercial brokers have commented that transactions have occurred solely because of their SIOR networking efforts. The designation has amply paid for the time and money invested in the SIOR organization over the years. In other words, the SIOR designation constantly delivers a return on each broker's financial investment. These office and industrial transactions occur not only because of networking at the national level, but because of strong relationships with competing SIOR brokers at the local chapter level. * SIOR is an individual professional credential, not a company credential. * Corporate America also recognizes the SIOR certification as the highest level of commercial brokerage nationally. * Finally, and perhaps most important, when you attend SIOR conventions or Chapter meetings, SIORs find themselves in an elite social environment with their clients and/or prospective clients. National investment and development firms such as Panattoni Development, Rockefeller Development, ProLogis, and many others are regulars at the SIOR conferences. This prestigious venue has benefited SIORs in generating new business. The SIOR may be awarded new building listings, corporate tenant representations, challenging consulting opportunities and prospects for new client relationships from contacts made during these meetings!
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary