“So you want to get into commercial real estate?”

The question I asked myself 3 years ago when I switched from residential to commercial. Could have been more in depth, but how was I to know what I was getting into? Would I make the same decision now?...knowing what I know, now? 

I should have asked myself if I should work for a boutique brokerage or one of the behemoth brokerages out there? I should have asked myself, how do I know what I don’t know? Make no mistake, this is a dog-eat-dog business with very few brokers doing deals and the rest of them taking up space. It is definitely not for everyone!   

My background was in residential where I spent 4-5 years. Before that, I worked in the finance department for a film company…don’t ask! In other words, my past experiences had no bearing on what I was about to embark upon. I had no clue how sophisticated many commercial buyers, sellers, and investors can be. My first meetings with the senior brokers & clients were surely eye opening. I learned many of these people had successful businesses for decades and my “A” game was more like a “D” game. 

I didn’t know how complicated a commercial transaction could be and all of the potential pitfalls. One thing is for sure, commercial is not the same as residential. The differences between the two are too many to list. But, I can tell you this. If you want to truly serve your client, you better understand zoning & use, CUP’s, MPCA regulations, environmental quagmires, P&L’s, FF&E, financing, cap rates, lease rates, 1031 Exchanges… The list goes on and on.

Continued Below.....
Active Listings
400 N 1st St, Minneapolis
$172,960 - $1,928,324
  • Retail/Office Condos
  • Units 101, 102 & 104
  • 1,086 - 11,865 SF

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11990 Aberdeen St NE, Blaine
$645,000
  • Office Condos
  • 2 Turn-Key Contiguous Units
  • 4,436 SF

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1315 Harmon Pl, Minneapolis
$2,175,000
  • Stand Alone Office - Loring Park
  • 15,041 SF
  • Custom Shea Designed Interior with 19 Private Offices

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2202 5th St, White Bear Lake
$209,999 - $710,000
  • Office Condo Units 6, 7 & 8 can be sold together or individually
  • 1,400 - 5,718 SF

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Testimonial
Commercial Training
Mark Hulsey and Hayden Hulsey, CCIM provided an exclusive training session for Become a Top Producing Commercial Broker or Team to
RE/MAX Germany, RE/MAX Portugal and RE/MAX Israel
August 17th & 18th
RE/MAX Brokers Owner Conference
How to Grow Your Business

September 15th
RE/MAX Commercial Symposium
Become a Top Producing
Commercial Broker or Team
Continued......

Fake it till you make it? I don’t think so. Not if you want to have a good reputation in this industry. One little mistake for your client could cost them a lot of money or even much more. Like any industry, education is the key. Commercial real estate may start with books, but it’s not until you dive into the mud and get chewed up and spit out by the other broker that you actually start learning. 

Commercial deals fall apart. It forces you to come up with solutions that work for all parties. Sometimes it feels like the negotiations or problem solving never ends. I’m lucky, my Managing Broker and team draw on decades of experience, complex situations, and solutions. We take a team approach to every transaction because it’s the best way to serve our clients…period! We get the deals done, but it might take a little creativity and patience along the way.

Again, I got lucky. I landed at a boutique commercial firm where we get to wear a lot of different hats. My fellow brokers hold a priceless amount of knowledge in their heads. We swim with the sharks every day and that plethora of knowledge and experience keeps our clients happy as we get their deal done. Reputation means everything in this business. Our hard work serving clients and bringing value to the table pays off.

My three years in commercial have been amazing. There’s always fresh situations I’ve never encountered and you can bet I’ll find a way to work through them. Yes, I came from the residential market into commercial and it was the best move I ever made. But make no mistake, it takes education & loads of dedication to make the switch, not to mention the support of your family.  
Pending Listings
212 10th Ave NE, New Prague
$2,604,088
  • Mayo Clinic Health Systems
  • Net-Lease/Medical

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1608 Randolph Ave, St. Paul
$500,000
  • Highland Park
  • Office/Warehouse
  • 3 Unit, Stable Property

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9274 Wellington Ln, Maple Grove
$1,775,000
  • Prime Industrial Location
  • 10 Units - Flex Industrial

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Leasing
4640 Nicols Rd, Eagan
AVAILABLE! MEDICAL OFFICE
  • #201 & 202 Medical Office
  • 1,234 - 2,751 SF
  • Turn-key space
16777 Marketplace Dr, Big Lake
LEASED! RETAIL
  • Retail Restaurant User
  • 2,635 SF
  • Next to Gas Station + C-Store & Restaurant
735 E. 48th St, Minneapolis
AVAILABLE! RETAIL/RESTAURANT
  • All kitchen equipment included
  • 850 SF Main Level + 850 SF Lower Level
  • Prime South Minneapolis location
961 Grand Ave, St. Paul
LEASED! OFFICE
  • Highly sought after Grand Avenue Location
  • 592 SF
  • Located above Stogies on Grand Cigar Shop
The Team
Mark Hulsey
Managing Broker
Hayden Hulsey, CCIM
Commercial Broker
Douglas Harris
Commercial Broker
Jessie Higgins
Operations Manager
Jake Gundershaug
Associate Broker
Sawyer Hulsey
Associate Broker
RE/MAX Results Commercial Group is a Top-Rated, Commercial & Investment Real Estate Brokerage Firm based in Minneapolis/St. Paul, Minnesota. Our seasoned and CCIM trained Brokers focus on Office, Retail, Industrial, Multi-Family, Land, and Net-Lease Investments.