How to Know You’ve Chosen the Wrong Tenant Rep?

By
Commercial Real Estate Agent with REATA Commercial Realty, Inc. Texas 537349

Here are 10 ways to know you picked the wrong tenant rep.

  1. While the size of the spaces you’re shown seem okay, none are laid out remotely close to what you need.

  2. When you ask if the suite can be remodeled, you’re told, “Sure, no problem.”

  3. Your broker sends you a 50 page computer print-out of every building in a 20 mile radius and asks you to point out which ones you'd like to see BEFORE meeting you or discussing your business.

  4. The broker is so familiar with the buildings you are seeing that the landlords actually let the broker put his/her name or company’s name on a sign in front of their buildings.

  5. The broker’s cell phone burns up from calling ahead to landlords from the car with you in it to check on availabilities.

  6. Three hours into the tour, the broker doesn't know the name of your company or what you do.

  7. You tour so many properties you end up having breakfast, lunch, and dinner with your broker.

  8. The sign on the side of the broker’s car reads, “Tours-R-Us.”

  9. You want to strangle the broker if you hear one more story about the BIG deals he/she did.

  10. At the end of the tour the broker assures you you'll get your favorite building.

If you want to make sure the deal gets done right, pay as little rent as possible and avoid costly mistakes, can you afford not to have a commercial broker who specializes in office space on your side?

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_________________________________________________________________________

Bob Gibbons

REATA Commercial Realty, Inc. | 1211 E. 15th Street, Plano, TX  75074

972-468-1946 p | 866-439-8015 f | 972-984-8580 m

bob@texastenantrep.com | www.TexasTenantRep.com

 

 

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Tags:
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office space
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Rainmaker
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Teral McDowell
Referral Patners LLC - Murphy, TX

There's so much truth in this one it is funny!

Feb 22, 2012 06:54 AM #1
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Rainmaker
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Bob Gibbons

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