It’s Free – Your commercial real estate broker’s commission will be paid by your landlord even though your broker represents you exclusively.
Saves Time – You have a business to run. A broker specializing in tenant representation will know the market and will be able to find off market properties as well as narrowing the options to those best suited to your needs.
Saves Money. An experienced tenant representation broker can save you money by finding space that is the most efficient thereby enabling you to get more out of less space. In addition, your broker will know pricing in the market in general as well as prices paid by other tenants in your building and the concessions received by those tenants and will negotiate hard to get you the best deal possible.
Find the Right Property – Your broker will use their market knowledge to help you avoid properties with inherent problems such as insufficient parking, inadequate air conditioning, leaky roofs etc. Your broker will also help you avoid difficult landlords and those with insufficient finances to properly maintain the property.
Provide Flexibility for Future Business Growth and Contractions – Let’s face it, predicting future office requirements can be difficult. Your business may grow rapidly or you may hit a rough spell where you need to dramatically reduce the amount of space you lease. A knowledgeable tenant rep broker will negotiate rights of first refusal to help you grow and sublease and termination options in the event you need to reduce your office footprint.