Rob Nahigian of Auburndale Realty Co., Newton, MA was honored to serve as a panelist for The Rhode Island Association of Realtors informative webinar on June 13, 2024. The program was named “Adapting and Thriving: Transforming Real Estate Transactions Together”. The program drew attendees throughout New England including SIOR and CCIM members. The topic was to discuss the seismic shifts expected in the real estate landscape on commissions due to the recent NAR lawsuit settlement. The panelists included John Dolbec, Chair of the RI Mortgage Bankers Association, Scott Kriss, Esq of Kriss Law Atlantic, Rob Nahigian of Auburndale Realty, Beverly Pierce and John Breault of RIAR. Discussions included how to navigate buyer agreements and fees for real estate professional services, potential changes to mortgage terms and conditions and how commercial real estate brokerage has adapted various methods of compensation beyond commissions, how to select buyer customers and developing a business plan. Rob Nahigian, FRICS,SIOR,MCR,CRE discussed how the commercial real estate industry has adapted to various services and fee methods offered to commercial buyers and tenants. Commercial real estate has adopted tenant/buyer representation since the topic was first introduced in the early 1990s in SIOR. Thank you to Ann Enos of RIAR for organizing this event.
Auburndale Realty Company
Auburndale Realty Co., founded in 1949, specializes in leasing and managing rental apartments and single-family homes along the Route 128 beltway. It became the largest apartment property management company in Newton, MA. In 1960, it became one of the first real estate syndicators in Boston, specializing in apartment complex acquisitions. In 1989, Robert J. Nahigian joined the firm, with over 52 years of experience in commercial and industrial real estate. The firm has expanded its developments and holdings since 1985.
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