In almost every transaction, working with a tenant rep won't cost you a penny. His or services will be completely free. However, a tenant rep isn't like any other free service that you use. Looking at them as being equivalent to a free e-book or a salesperson's "consulting," which is really just training on how to buy their products, would be a foolish error.
Continue ReadingTopics: tenant representation
When you sit down to choose a commercial real estate broker to serve as your tenant representative, finding the right one can be a challenge. Typically, the right broker brings two things to the table -- a personality that meshes with yours and a comprehensive skill set. While you can gauge whether or not a broker is a good fit for you through a conversation over lunch, asking the right questions is key to assessing skills. Here are six good ones and some guidance on what to seek.
Topics: Corporate Real Estate Broker, Tenant Rep, REoptimizer, tenant guide, tenant representation, Tenant Representative, corporate real estate, commercial real estate, tenant tips, CRE, lease vs rent
Tenant representation is exactly what it sounds like. It is a type of commercial real estate brokerage where an agent focuses solely on the needs of a tenant, rather than being tied to the lessor or landlord. Tenant reps are the leasing industry's equivalent to a buyer's broker on the sale side of the industry. While the underlying principles might seem straightforward, the benefits of working with a CRE expert that is tied to you run deep.
Topics: tenant representation, CRE Tenant Rep, CRE Tenant Representation, corporate real estate, commercial real estate, tenant tips, CRE
Posted by Don Catalano on Jul 07, 2014
Using a tenant representation expert when you look for space might be the biggest no-brainer in the commercial real estate industry. If you're considering going on your own for your next lease, here are the top five reasons that you need to get a broker.
Topics: Commercial Real Estate Tips, tenant representation, corporate real estate, commercial real estate, CRE
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