Indiana Commercial Board of Realtors Conference: Live Blog

Indiana Commercial Board of Realtors Live Blog

Today I will be attending the Indiana Commercial Board of Realtors Annual Conference Titled “Moving Indiana Forward.” I will try to post as often as possible. Please check back frequently and see what insights and comments I may have.

Breakfast and Keynote:

-President David Nugent BND Commercial LLC

-Big push for

-Do not want Loopnet/Co-Star to dominate or control data. $$$ from brokers.

-Legislative emphasis.

– Wants us the members to meet the local district rep. I have an opinion on that but that is for another day.

-Sitting at my table are some old friends Scott Rumble Coldwell Banker Shook. Andrew Gutwein and Dale my appraiser buddy from back in the day.

-Conference committee presentation. Brian Dell Summit Realty Group.

– Peeps already busting out the magazines and news papers. Who reads a newspaper?

-Main Presentation: Closing a Transaction Using Economic Incentives.

Larry Gigerich Managing Director,Ginovus LLC

-Defining the process and steps from a broker  point of view.

-Goals ,site selection, agreements signed.

-Considerations for incentives. Capital investments ,new or existing jobs, wage of workers.

-Biggest project they look for .Life sciences and bio sciences.

-Indiana Economic Incentives. State, County, City.

-Examples of incentive programs. Tax abatement, Industrial Development Grant Fund, Venture Capital  Tax Investment Fund.

– Financing. Industrial Revenue Bonds, Tax Increment Financing Bonds, SBA 504, SBA 7a.

-Timing is the most important factor to any deal and helps the process for accuracy and results.

Next Session: Ethics.

Jim Bittner Broker/Owner ReMax Real Estate Groups Anderson.


-Legislative update

-Legacy Project: Super Bowl. Near Eastside Redevelopment

-Recognition of officers

-Announcement that it was a record number  of brokers attending. Hmmmn.

-Realtor of the year  Bill Ehert Sumitt Realty Group

-New President. Larry Mitchel Mitchel Apprasials

Next session:

Agency Law:

Brian Crist, Partner Ice Miller LLC

Next Session:

Listing contracts:

Jeff Abrams Partner,Benesch/Dann Pecar


Off to Atlanta and CoreNet!






Image Credit:

Duke Long

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