Real Estate
This is a specialty of Encompass. With over 30 years experience in this industry, we have the expertise to help Clients, Agents and Brokers throughout the entire United States. The focus is Brokerage & Agent Development as well as the many Real Estate solutions for business owners.
Since 2001 Encompass has provided business development expertise to over 800 Real Estate Brokers & Agents and provided brokerage development assistance to 45 Minnesota brokerages.
We are very connected within the real estate industry and facilitate monthly Broker Network workshops on a monthly basis and continuing education for Real Estate Brokerages at the Minneapolis Area Association of Realtors and St. Paul Area Association of Realtors.
When it comes to real estate we can help in the following areas
RESIDENTIAL SALES & LEASING
COMMERCIAL SALES & LEASING
When it comes to your real estate questions, you need a specialist. We have screened and experienced specialists to help you.
UNIQUE PROPERTY SOLUTIONS
INTERNATIONAL PROPERTIES
AUCTIONS
REAL ESTATE CRISIS MANAGEMENT
We are pleased announce an Encompass alliance who offers unique service for today’s real estate market developed specifically for Builders, Developers and Lending Institutions:
Pete Harrington, a business consultant, has been in the real estate development field for over 40 years. He has experience in all phases of real estate such as building, funding, cash flow issues, development, working with partnerships and business ownerships.
Harrington has developed shopping centers, office buildings, apartment buildings and condominiums. He has extensive experience in land rezoning and land development and has worked with single family developers. Harrington Partners expertise is finding creative options and solutions in real estate, based on current market conditions and your unique situation.
Harrington Partners is aware of the problems that lenders, developers and builders are having in the current market including foreclosures and short sales.
Signature Harrington Projects:
The Cliffs at Ridgedale
456 Apartment units
The Villa on Bassett Creek
54 unit Condominium Building
Ridge Square North and South
125,000 sq. foot strip shopping center
Old Long Lake Road, Wayzata, MN
Square foot single family estate
(Site selection & marketing)
RESOURCES are AVAILABLE on a project or ala carte basis:
ANALYSIS REPORTS:
Property analysis (Highest and best use)
Financial Analysis
Rental analysis options
Determine Property value
Best options to market the property
Determine who the buyer will be
Cash flow
Re-zoning
Determining a long or short term exit strategy
Marketing & Positioning Strategy
CONSTRUCTION:
Complete construction on uncompleted properties
Find contractors / investors interested in purchasing properties
Remodeling, Refurbishing
If you are a developer, builder or a bank with excess inventory, call Peter for a confidential and valuable consultation.
D. PETER HARRINGTON
612 718-5733
pharrington@exitlakesrealtymn.com
- CAREER OPPORTUNITIES
- BROKERAGE CONSULTING
- CAREER COACHING
- BROKERAGE MERGERS & ACQUISITIONS
- JOINT VENTURES
- MANAGEMENT & OFFICE SET UP SERVICES
- RECRUITING & MARKET POSITIONING
- BUILDER, DEVELOPER & BANK PROPERTY LIQUIDATION
Visit:
For details on franchise and career development opportunities or a brochure on Professional business coaching & consulting
BROKER SUPPORT NETWORK
We are pleased to announce the 3rd year of the Broker Support Network, sponsored by the Minneapolis Area Board of Realtors and St. Paul Area Association of Realtors
There has been a rapid growth and entry of small brokerages in the marketplace. MAAR & SPARR have been proactive to offer: FREE Broker support, lively discussions, expert panels, guest speakers, timely information and events to network and exchange ideas among other small Brokers.
Prior to the Small Brokers Network, unfortunately, the main way of meeting other Brokers would be during a dispute; and, a wonderful unexpected benefit at these meetings was the openness, networking and exchange of referrals.
Monthly meetings cover topics based on current Broker issues over the course of 6 sessions.
This program has been a very successful endeavor and beneficial by area Brokers.
If you are a Broker, it is an excellent use of your time. If you have an entrepreneurial spirit and a gift for selling, you will want to talk to us.
Michael Lynch, EXIT Innovation Realty – Highland and Julie Olson, EXIT Realty MN are honored to facilitate these sessions.
- Market Trends and State of Real Estate
- Adapting to the Challenge of Change in Today’s Market
- Agent Training and Retention
- Broker Ethics, Anti-Trust and Etiquette
- Who’s in Charge of Your Brokerage
- Market Positioning and Broker Opportunities
- Are You a Leader?
- Managing Dispute Resolution
- Broker Business Planning for the new year
REAL ESTATE LICENSE HOLDING & REFERRAL COMPANY
GOOD NEWS
Sometimes the timing is not right for you to sell real estate full time. There are several options for the placement of your new, active or inactive real estate license in the state of Minnesota.
What this means to you is, that during the year, as well as at license renewal time, you have several choices for your license status, depending upon how you intend to utilize your real estate license.
ACTIVE STATUS:
- You will be licensed as an active real estate salesperson or broker with a licensed real estate brokerage.
- This is the appropriate choice if you are actively representing Buyers and Sellers.
Requirements:
- Membership in the Board of Realtors if your Broker belongs to the association
- Errors and Omissions or Liability Insurance premiums
- Independent Contractor/Compensation Agreement
- License Renewal Fees & Continuing Education
- Lockbox key and dues associated with the Lockbox
- Multiple Listing Fees
- Business Cards
- Education and Participation necessary to represent your clients best interests
- Brokerage fees associated with individual Brokers
INACTIVE STATUS
- You may place your license “on ice” (inactive) with the State of Minnesota for a 2 year period without having to pass the written 2 part exam. (National and Minnesota laws)
Requirements:
- During the time you are inactive; you cannot represent clients or receive brokerage fees.
- You will have to have completed the appropriate continuing education requirements prior to reactivating your license after having it held by the state and pay the appropriate licensing renewal fees.
- Detailed information on reactivation, changes or Minnesota Department of Commerce licensing requirements are available on www.comerce.state.mn.us click licenses on the top bar, then real estate on the left hand side.
REFERRAL AGENT THROUGH OPTION REALTY:
We are pleased to announce that, Option Realty Inc. has been a licensed real estate company since 2001 and is allowed to function in a Limited Function Referral Office status with the Minneapolis Area Association of Realtors.
- You will be licensed as a referral agent with Option Realty, Inc.
- This is an appropriate choice if you utilize your license to purchase investment properties or occasionally collect referral fees and do not actively represent clients
Requirements:
- License Renewal Fees & Continuing Education
- $99.00 the annually, due upon licensing (which is refunded if you generate a referral that results in a referral fee in excess of that amount)
- Signed licensed referral agent agreement with Option Realty.
- We report your status to the National Association of Realtors as an associate of a Limited Function Referral Office (LFRO) for your board dues exclusion.
For further information
Option Realty, Inc. – http://www.optionrealtymn.com/ or email info@optionrealtymn.com
1st Step – Contact us to arrange an appointment to “tell your story“
- We will analyze all the components of your business
- Prepare written recommendations for a plan of action
- Estimate the cost of each implementation phase
- We offer package pricing rather than “mysterious never ending consulting fees
