Opinion of Value

Did you know that we offer an opinion of value for your church property? The process is a simple one… each evaluation is done on a case by case basis with most being provided free of charge. What we do is we first show sold and for sale comparables to your property so you can get an idea of value and what people are asking for in the market. Lastly, we provide market data so you can determine how healthy your community is and consequently how willing or able people or banking institutions would be to supporting your moving or refinancing efforts. If you would like more information or would like to inquire about an opinion of value please message us for more details!

 

RE/MAX Commercial Group

300 W Lake Lansing Rd

East Lansing MI 48823

517-321-2800 Ext 143

Who is RE/MAX Commercial?

official commercial ReMax Logo Remax

Who is RE/MAX Commercial?

 

. The RE/MAX Commercial brand was officially established in 1990, leveraging the influence of the RE/MAX name and reflecting a commitment and expertise specific to commercial real estate.

In the early 1990s Re/Max launched the groundbreaking RE/MAX Satellite Network (RSN) (which later evolved into RE/MAX University). RSN was a perfect education opportunity for commercial agents. The network’s pioneering approach to education gave commercial practitioners even more reason to join RE/MAX. The CCIM designation was among the first designation courses available through RSN, and one of the first to be offered anywhere outside of a classroom.

Throughout the RE/MAX network, both nationally and internationally, the RE/MAX Commercial brand has grown. Entrepreneurs have established commercial specific and residential/commercial “hybrid” offices in increasing numbers.

RE/MAX Commercial Group in Michigan is headquartered in East Lansing Michigan and was established under the leadership of Broker, Adam Whitz and Matthew Wisniewski, CCIM in 2009. Their focus on providing value to their clients first has garnered the firm national recognition and they pride themselves on a market leading agent productivity level.

 

Who is Adam Whitz?

official commercial ReMax Logo

Who is Adam Whitz?

Whatever the circumstances surrounding a church property transaction, there is sure to

be a need for a good understanding of the concerns and expectations of the individuals

and groups charged with the responsibility to lead this process on behalf of their faith

community. These concerns may include:

• Selection of Professional Well-versed in Process for Seeking or Selling a Church Property

• Credible Advice on Valuation, Marketing and Transaction Negotiation

• Reasonable Expectations Related to Pricing and Timing

• Understanding of Special Conditions such as Zoning or Use Permits

• Clear Understanding and Evaluation of Space Use Needs

To have a professional that is well-versed in commercial real estate transaction processes

and has the first-hand experience in guiding numerous church property transactions to a

satisfactory completion is imperative.  Adam Whitz has the experience to assist your faith community

through the myriad of decisions required throughout the process.

Adam Whitz – Resume Highlights

EDUCATION AND CREDENTIALS

1989 Licensed Real Estate – State of Michigan

GRI, CRS, ABR, e-Pro and ACP certifications and designations

RELEVANT PROFESSIONAL EXPERIENCES

Broker: RE/MAX Commercial Group

Past Presenter: RE/MAX International Commercial Symposium

Past Speaker: RE/MAX of Michigan Regional Conference

 

Information for Building Committee or Search team

It is always a challenge when a church decides to undertake the task of finding a new property to lease or to buy and that church needs to be prepared for some of the realities of that search. In this blog post I am hopefully going to offer some insight and some numbered helps to everybody out there looking for church property.

1. Be realistic about your timeline–If your search team just formed and you are at the beginning of your search now is not the time to be looking at potential properties. It is likely that the properties that you are currently looking at today will not be available when you are ready to proceed with obtaining property.

  • The average time frame from initial search to occupancy of a property is 90 days for a lease and up to 180 days for a purchase.

2. Have the necessary authorization to conduct your search–If you are the governing board make sure you have congregational approval before searching for property. If you are a building committee, make sure that you have the governing boards or Pastor’s authorization (in writing preferred) before proceeding with search.

3. Figure out a realistic budget and obtain any necessary funding letters–One good common sense guide is that 40% of your churches annual budget should go for staff salaries and no more than 25-35% toward the building upkeep and debt service. Additionally, just like in a home purchase the bank or ecclesiological body who will providing the monies for the purchase should give you a funding letter or pre-approval letter so that you will know how much your budget is for the purchase.

  • For the lease of a property you will not need funding letters but you should have enough cash on hand to cover first months rent and security deposit (usually also equivalent to one months rent) in guaranteed funds to cover the initial leasing expense. also, it is wise to budget money for moving expenses and money for “sprucing up” whatever space you lease.

4. Be open minded about your search criteria–A lot of folks want to locate their church in a specific area and have very specific requirements about what they want in their new church home. This is great because it means that a lot of thought has been put into what  congregation needs. However, if what you are looking for is a more non traditional church location you need to be prepared to make compromises. It is helpful to have a list of “must haves” and “would be nice”

5. Be ready to strike while the iron is hot–This type of decision can make or break a congregation, don’t be afraid to take the time necessary to find the right place or to get your congregation on board. With that being said though when you find the right place at the right price you need to be prepared to act. If you have done your work well as a search team the congregation will be ready for your findings and eager to vote.

If you need any further tips please feel free to contact me! I am willing to meet with your board or search team.

Justin Miller

517-321-2800 x 136

or Justin.miller@rcgmichigan.com

RE/MAX Commercial Group 517-321-2800 300 W Lake Lansing Rd East Lansing MI 48823 Commercial Real Estate Lansing Area Businesses For Sale