Monday, February 25, 2013

Why you need Tenant Representation


If you are not using a tenant representative broker, you are vulnerable to many aspects of lease negotiation.  Your landlord negotiates leases every day, and if you don’t, you lack the experience to get the most of this type of transaction.  By leaving all the power in the landlords hands you are quite possibly paying more in rent than you should and could also be unaware of other available benefits.  Landlords use leasing agents to maximize their profit and capitalize on your lack of market knowledge and resources.  Landlords already have a leasing team in place, and it’s time for you to have one as well.

To achieve an advantageous solution to a specific real estate need, you must have access to: current and accurate market information, negotiation skills, and transaction expertise equal or superior to that of the landlord who has professional representation.  Landlords negotiate leases on a daily basis, which gives them an advantage over someone who performs a lease transaction every 3-10 years.  Utilizing an experienced real estate tenant representative Broker will help you get the most out of any commercial real estate transaction.   

Market Knowledge – A real estate Broker is the most knowledgeable person in his or her particular field and market area.  They spend years learning about every building, company, project, rate change, development, and nuance in a specific market place.  Real estate professionals also have access to many real estate networks and programs that others may not even know about.  This only increases their market knowledge and ability to direct a business owner in the right direction.  

Training/Experience – A real estate Broker deals with real estate transactions on a daily basis.  This includes: lease negotiation, market analysis, transaction completion, business consulting, marketing and many other aspects of commercial real estate.  To some, real estate is only a job, but to be successful it must also be a passion.  This passion leads to an unwavering desire to be the best along with a career-long commitment and devotion to their clients and market.  Someone who knows what is under every stone in a specific market will be able to give you an advantage when negotiating with a landlord of any size.

Value of Time – Unless you are a seasoned real estate professional, spending countless hours researching your next location or reviewing the legal terms of a lease will be a confusing and frustrating waste of time.  Your valuable time should be spent operating your business and taking care of your clients.  Allow a tenant representative Broker to handle all of your real estate needs in a confidential, professional, and honest manner.  An experienced real estate professional can typically foresee problematic real estate issues before they become a large problem.  If you are not utilizing a tenant representative broker, you are wasting your time and could also be missing out on other unknown benefits.  

For over 10 years I have learned from being involved in both sides of the real estate transaction. Now I am strictly specializing in no-conflict, tenant-only representation, where I will always look out for the tenants best interest, at no cost to them.  Allow a seasoned real estate veteran to negotiate new and renewed leases, expand or consolidate your office, find your next location, keep you well informed about the local market, and make sure your tenant rights are preserved. 

Stop trying to negotiate with powerful landlords while your time is better spent elsewhere.  Let an experienced real estate professional deal with the extensive lease negotiation at absolutely zero cost to you. 

Learn more at www.RivieraREG.com
  

No comments:

Post a Comment