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South Bend Redevelopment Commission <br />Regular Meeting - September 17, 1993 <br />5. OLD BUSINESS (Cont.) <br />a. continued... <br />Corporation for real estate services in our <br />redevelopment and economic development <br />areas. The staff has reviewed the proposals <br />and prepared a written summary. Also, both <br />firms have been asked to make an oral <br />presentation at this time. <br />Steve Ellison stated that Coldwell Banker PRESENTATION BY COLDwELL BANKER <br />intends to assign six people to the marketing <br />of redevelopment owned land, two to each <br />project area. <br />Peter Deputy talked about the marketing <br />strategies Coldwell Banker would use. They <br />would use a strict brokerage approach, as <br />opposed to a mixed brokerage /development <br />approach; they would use a team approach <br />with the six agents assigned to this effort; <br />and they would emphasize the synergy which <br />can be generated between redevelopment <br />property and the other property they <br />represent. One of the distinct advantages <br />they feel they offer is that they are strictly a <br />brokerage firm and would not be in <br />competition with land that they own or <br />represent. <br />Mr. Frash talked about the networking <br />opportunities available through Coldwell <br />Banker. He is a member of the Society of <br />Industrial and Office Realtors. There are <br />only four such members in this community. <br />He gets a lot of referrals through this <br />organization. John O'Brien belongs to <br />Certified Commercial Investment Marketers <br />through which he gets a lot of referrals. <br />Coldwell Banker has offices in forty -four <br />Sim <br />