I SEE TOO MANY TENANTS GETTING TAKEN ADVANTAGE OF BY BEING REPRESENTED BY THE LANDLORD'S AGENT. IT'S JUST NOT POSSIBLE FOR THE LANDLORD'S AGENT TO GIVE THE TENANT THE BEST LEASE TERMS POSSIBLE WHILE THEY ARE THERE TO REPRESENT THE LANDLORD AND GET THE HIGHEST RENT, ETC. THEY CAN FOR THE LANDLORD.
They're not bad people, they are just doing their job.
Leases are designed to protect the landlord's property, ownership rights and lending institution. It's this situation that creates the need for conflict-free, tenant representation.
Building owners typically make more profit in a simple renewal than in leasing to a new tenant. Understanding this dollar amount is imperative in winning back a portion of this in exchange for renewing your lease. Despite what your relationship is with your landlord, their interests are often not aligned with yours.
Knowing the amount that your building owner stands to lose by your leaving is the start of developing a strategy for your company that works to the tenants advantage.
MY SERVICES ARE COMPLIMENTARY TO TENANTS and I CAN STILL SAVE THEM UP TO 25% IN OVERHEAD COSTS. Here is an unbelievable example, one of my clients received a proposal from their landlord to stay in their office and renew. Would you believe that just by having me on board I was able to save them $5.00 per square foot before negotiating anything? The reason is because I have commercial information that only commercial brokers use and the landlord's agent intentionally drove up the costs assuming the tenant didn't have anyone educating them as to what the market is. Again, the landlord's agent is there to get the most money they can FOR THE LANDLORD.
Thanks for stopping by. More ideas to come!
;)
;)
;)
