Dive into the world of Commercial Real Estate (CRE) with the latest episode of "Commercially Speaking," featuring the insightful Bo Barron, CCIM, and the ever-entertaining Timmy Barron, ADHD. In this engaging episode, Bo, an acclaimed CCIM instructor and CRE expert, takes on the challenge of demystifying the concept of Absorption in CRE, a topic often perceived as simple yet frequently misunderstood. Bo shares an amusing anecdote about how even his students in the CI102 course, who have never failed, struggle with Absorption questions. This sets the stage for a light-hearted yet informative exploration of the topic, where Bo humorously finds himself tangled in the simplicity of the Absorption formula. The episode shines when Bo skillfully clarifies the formula and its critical role in guiding developers in their decision-making processes. Additionally, Bo delves into the four crucial feasibility tests used in every CRE deal: Political and Legal, Financial Feasibility, Location and Site, and Competitive and Market Analysis. These tests form the backbone of strategic CRE decision-making, and understanding how Absorption fits into this framework is invaluable for both seasoned professionals and newcomers. Whether you're a CRE enthusiast, a professional looking to deepen your understanding, or just in for some laughs and learning with the Barron brothers, this episode is a must-watch. Join us for a unique blend of expertise and humor, and discover why "Commercially Speaking" is your go-to podcast for all things CRE. Don't forget to like, share, and subscribe for more insightful episodes. And if you have questions or topics you'd like to see covered in future episodes, drop us a comment below! 📊 Tune in and gain the wisdom to forecast CRE demand with confidence, guided by Bo's expertise. #Absorption #CommercialRealEstate #CREForecasting #SimplifyingComplexity ⏰Time Code⏰ 00:00 - Start 00:37 - Mario, Luigi and Ryan Reynolds 03:37 - Absorption Take 1: Too Simple To Get Right 08:42 - Absorption Take 2 10:45 - The CORRECT Formula For Absorption 17:30 - Why Absorption Matters - (Predicting When To Add Supply) 33:06 - Pop Quiz 38:07 - Final Thoughts: The Market Needs Vacancy Videos Mentioned: CRE LINGO: https://youtu.be/-vrGjNHeSJU?si=GqDeazoptImwo4Oc CRE FOR 3RD GRADERS: https://youtu.be/04GtveEgyGE?si=lpjguXahlftkh1SS CRE MARKET ANALYSIS PART 1 & 2: https://youtu.be/yvZf0JmW5dE?si=TkTvXxQIKezT8TbT https://youtu.be/yfE40phWOQM?si=IEGCQ1C-sHyeNbd8THE 4 FEASIBILITY TESTS: https://youtu.be/HsLWui6fjx0?si=S08mYNhHixZAIo0y STOP MISUSING CAP RATES!: https://youtu.be/Fv6Ta6fMGNQ?si=789YQsSPEqUe1VhY 📒Show Notes📒 🎉Join the party, stay informed, access bonus content, the blog and more: tinyurl.com/CRE-Podcast-sign-up Bo is the owner and operator of Barron Commercial Group in Owensboro, KY servicing the Western KY and surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron and on youtube @Timmybarron Subscribe and listen to Commercially Speaking Here: Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking📲 Connect with us: Subscribe to our Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Twitter: https://twitter.com/comspeakpod Newsletter: https://barron-commercial-group.ck.page/keep-me-informed

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“What did the council decide on item 42?” — answered with the speaker and the moment.