Special offer

How Tenant Representation Works

By
Real Estate Agent with TRI Commercial Real Estate Services

I hate to be taken advantage of. Thus, I am a person who is always leery of scams or bait and switch schemes. Because I am this way, I regularly identify these tendencies in othes who are equally leery. This comes up often when people talk to me about finding a space to lease. They want to know, "how much will your services cost me?" I inevitably launch into an explanation about how my services cost the tenant nothing because the landlord compensates me for bringing a tenant to his / her space. However, the suspicious side of the person I am explaining this to often feels this is too good to be true. I'm here to tell you that being represented by a broker in order to find space for your office and business is truly FREE. It costs you nothing out of pocket. In fact, it actually saves you money. Without representation, tenants often get taken advantage of by greedy landlords or corrupt landlord representative brokers. A good tenant representative can negotiate a better deal for the tenant than she could negotiate on her own. This is another reason why a person should use a broker. Finally, a broker has accss to all of the currently available spaces that are often located in databases not accessible to the general public without a paid subscription. It is well worth having access to all the options. All of this ought to be good news to tenants looking for an office space or a retail space.

visit San Francisco Office Space for more information.

John Secor
EXIT Real Estate Results - Winter Springs, FL

Good info Ryan!  I have to jump the same hurdles with prospective commercial lease rep clients, they just can't imagine it won't cost them money somehow.  Check out my recent blog on the same subject.  Best of luck to you!

 secorj@bellsoth.net

http://activerain.com/blogsview/983621/WHY-USE-A-TENANT-REPRESENTATIVE-FOR-YOUR-NEXT-COMMERCIAL-LEASE

Mar 15, 2009 04:14 AM