Weichert applauds referrel network.

John G. Udell, president of Weichert Commercial Brokerage, cites the company's unique referral network as a contributing force to its success. Each year, Weichert Commercial Brokerage receives hundreds of referrals for commercial real-estate requirements from Weichert's network of more than 15,000 residential and referral agents. The leads range from requests for single office suites to large industrial warehouses and offices, as well as retail properties, investment properties, and commercial land.

Udell noted, "In the competitive industry of commercial real estate brokerage, Weichert Commercial has an edge on other companies with our extraordinary referral system that generates hundreds of leads each year. Weichert has over 9,000 active residential agents in 200 offices along the East Coast who build strong relationships with their customers as they list and sell their houses. Many residential customers will also have commercial requirements and we are able to serve their needs. We encourage our residential agents to inquire about their customers needs and refer these leads to us. Weichert Realtors also has a referral company with over 6,000 agents who send us additional leads."

W. Joshua Levering, Weichert Commercial executive vice president, stated, "In my 20 plus years I have never been at a company where referrals are so prominent and consistently received. What an additional bonus for the sales staff!"

Recent successful transactions that were generated by referrals include a 40,000 SF lease of warehouse space in Toms River, N.J. to Walmart and the sale of a 53,000 SF industrial building in Southhampton, N.J. to RCC Properties. Other large referrals include a 60,000 SF retail strip center in Randolph, N.J. that was leased to 100% occupancy and three office buildings leased and one building sold to the University of Medicine and Dentistry.