Conflicts Spur Changes in American Real Estate Industry

SAN FRANCISCO, March 19 /PRNewswire/ -- Global Real Estate Consultants, LLC, a new player on the international real estate market, is making its debut as a provider of European-style commercial real estate strategy advice and services.

A major trend among large American corporate real estate service providers has been to start offering more advisory services. "The benefits of strategically connecting these large capital assets to your company's operational needs are quite significant and measurable," says company principal Tom Bomba.  "Having the same team develop and then implement a strategy creates efficiencies and other benefits, but can also create conflicts of interest."  A common client concern heard throughout the industry is that brokerage fee-driven recommendations are often not in their best interest.

"It is not uncommon for brokerage firms in Europe to structure their fees in ways that avoid significant conflicts of interest," states Erich Struzyk, another principal, who has a European background.  "We can also structure our fees to avoid such conflicts, which is rare in the US. Our clients appreciate our open book approach, which aligns their goals with our compensation, often supplemented by other success metrics."

Whether other providers follow suit remains to be seen.  

About Global Real Estate Consultants

Global Real Estate Consultants, LLC (http://www.globalreconsultants.com) offers leading-edge corporate real estate strategy advice including portfolio, asset, location, and workplace strategies.  It also offers transaction brokerage, investment and other services, personally driving each client's project to completion.

The firm provides strategy advisory and services to North American companies with domestic or international real estate needs, and international companies with locations in the US and elsewhere. The founders of Global Real Estate Consultants have a combined 40 years of experience in the industry. They have developed award-winning strategies and best practices that have become widely accepted in the corporate real estate industry, and use a "Quick Assess" methodology to identify potential opportunities for their clients.  

SOURCE Global Real Estate Consultants, LLC