The Lundy Group is staffed with aggressive and motivated brokers interested in success. Our commitment includes not listing any directly competing properties with any assignment becuase we do care which space leases or sells. Lundy has as its core value cold calling to prospect for tenants or buyers. We are not a “throw up a sign and wait for the phone to ring” kind of company. Lundy is not trying to be a large brokerage company and we turn down as many assignments as we take in due to our opinion of our ability to be successful.
Lundy can list property for sale or lease and keep the property fully leased for the highest possible income. Lundy’s leasing program first establishes a plan for marketing the property. This plan has three cornerstone elements. The first is the listing, advertising, marketing and other “public exposure” efforts for the project. Lundy uses all the regional commercial listing services including the Triangle Commercial Association of Realtors (TCAR) online service, and online listing services ranging from Craig’s List to Loopnet. We also establish an advertising plan using periodicals and journals such as the Triangle Business Journal, Business Leader, Commercial Real Estate Today, and local Chamber publications. Other specific advertisements are done as needed or appropriate in the respective venues. We normally utilize on-site signage advertising the property’s availability.
A second element is our aggressive cold calling, which is a fundamental ingredient in our leasing success. This practice ensures a full pipeline of prospects. We do not wait for the telephone to ring or for prospects to be brought to us.
Another element is our ability to originate and follow the leasing process through to signature and occupancy. Our experience allows us to use any existing lease form, or to use our own form, or to write a new lease. At all times our practice is to consult with you at your desired level of involvement. We are experienced in negotiating leases on behalf of owners and achieving acceptable results. Following signature, we have the ability to secure the construction necessary to renovate for any tenant and to supervise the work through to completion.
Our compensation is based on receiving a success-based fee or market leasing commission based on current rates, which is a percentage of the gross rentals to be paid by the tenant over the term of the lease. Sales commissions are based on a percentage of the sale price.