How can a company benefit from retaining a commercial real estate agent?
A company will always benefit by retaining a commercial real estate professional because he or she understands the ‘real estate game’ just as the landlords in the real estate business. Commercial agents acting as fiduciaries for the company work to ensure that the best deal is attained. And, since occupancy-related expenses rank just behind labor as the second-highest fixed cost of running a business, a solid real estate decision and a solid business decision must be one and the same. What types of services does a quality broker bring to the table? A quality broker will bring myriad value-added services to the table for the benefit of the company. These include market knowledge and research, comprehensive property analysis, financial modeling, space optimization analysis, lease negotiations and project management services. These are all things that a company is not typically set up to handle itself. When a company does try to handle a lease or purchase by itself, it will likely leave m
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