Written by

7 Reasons Why You Should Hire a Commercial Real Estate Broker

If you just managed to kick-start the business venture you’ve always dreamed of, then congratulations are in order! Now that you’ve taken the leap, the next step is finding an awesome base where you can be your most productive self on a daily basis. Don’t underestimate this phase, because locating the perfect place for your organization is not as easy as it might seem.

To help you tackle this important task, we recommend reaching out to a professional. Commercial real estate brokers can help you out on your quest to find the ideal work space, somewhere which can accommodate your goals, values and future plans.

Below you’ll find a few good reasons why you should hire a commercial real estate broker:

1. Specialization in the type of property you desire

When searching for a commercial real estate property for your new venture, you need to consider all the demands that your business will make on it. The office space you’re looking for needs to cope with all the ins and outs of your line of work, from location and amenities to size and ease of access. A good broker will listen to all your requirements and will show you properties which will meet your specifications.

2. Knowing the market well

Although it might not seem too hard to do a quick Google search for the ideal office, the process is a lot more complicated than you might think. A well-trained commercial real estate broker knows all the details of the market, knows exactly where to look and isn’t afraid to do some thorough research. You can be sure that the options he or she will present to you will be much better than what Google’s results will showcase.

3. Excellent connections

If simple research doesn’t yield the expected results, a good commercial real estate broker has a fool-proof back-up plan. The well-established network of professionals they know can help you find the office of your dreams. While it might be hard for you to locate the right people to reach out to, it only takes a mere phone call for a broker to find out more, which brings us to our next point.

4. It’s quicker than if you did it yourself

If you want to save yourself some time, then leave it to the professionals. You only need to find a broker you can trust, who is willing to listen to your exact requirements and is set on producing the best results. This way the quest for your ideal piece of commercial real estate becomes a hassle-free procedure, which will save you a ton of time.

5. It can save you a few bucks

One of the main reasons many people avoid hiring a CRE broker is because of the commission one needs to pay for this professional service. What some might not realize, however, is that the broker’s fee is often not paid entirely by the business itself, but some of it may be paid by the landlord once the lease is signed. And let’s not forget about all the financial gains you can receive thanks to your broker’s knowledge of privileged market information and negotiation tactics.

6. You can leave negotiations to the expert

Once you’ve hired a good commercial real estate broker, you won’t have to worry about haggling over the price, or about the amount of space and the amenities which come with the property. Your broker will do all of that and more for you, and the only thing you’ll have to do is make sure your needs are understood. Thanks to your broker’s well-established network of professionals, they will probably get better deals through negotiating as a professional than you ever will as a simple tenant.

7. You only have to deal with one person

With all this being said, another great advantage of leaving everything to a professional CRE broker is the fact that you’ll only have to deal with him/her instead of an entire group of people. Thus, you won’t need to deal with a myriad of legal documents and papers, but instead you’ll simply have to read one lease abstract. Not having to worry about these details sounds like a pretty good deal to us!

All in all, having a professional on your side can really pay off when you’re searching for the perfect base for your business. A commercial real estate broker can help you out in many ways, so don’t hesitate to reach out to one you can trust.

Comments are closed.