Duke Long Commercial Real Estate With A Little Attitude Podcast

Broker A has a long term relationship with building owner B. Out of nowhere the owner decides to push a spectacular asset. Broker A makes two quick calls and finds out it’s hotter than he thought. He makes three more calls and now has four hot prospects. He fields three quick verbals and tells the owner he made get a deal on paper and the number they wanted and then some with a short cycle to close. Now I ask you. Is that deal on or off the market? What makes it a “market property?”