The Most Expensive Word in Commercial Real Estate | Tips That Stick
What's the most expensive word in a commercial real estate transaction? Assume. In this episode of Tips That Stick, Liz Mahoney, SVP Sales and Director of Marketing at Lender Consulting Services, explains how assumptions can lead to delays, higher costs, and complications. These include assumptions about a property's prior use, zoning, appraisal, environmental report, survey, or construction reviews. The smoothest transactions don't always involve the most experienced people. They involve people who check information instead of assuming it. They ask questions, identify requirements, confirm timelines, and understand potential risks before they reach the closing table. Whether you're a lender, attorney, broker, investor, or borrower, replacing assumptions with information is one of the best habits you can build. Today's Tip That Sticks: Assumptions are cheap. Mistakes are expensive. Tips That Stick is your quick and clever guide to protecting your investments, brought to you by Lender Consulting Services. #TipsThatStick #CommercialRealEstate #CommercialLending #DueDiligence #CRE #RealEstateInvesting #RiskManagement #LenderConsultingServices #Shorts
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