should be signed 5 to 9 months ahead of your move-out date. This will not only ensure you have leverage over the new landlord in your negotiations, but you will have taken the proper time to fully inspect and vet all of your options. This book is divided into four parts: The Basics, Evaluation, The Process of Negotiating, and After the Lease is Completed. Choosing the right commercial real estate broker can have the biggest impact on your success throughout the process. A good agent will navigate the process with you and provide expertise for each step. Whether you’re the owner of the company or an employee tasked with finding a new office space, you might feel like you’ve taken on a second full-time job. A commercial real estate broker is a must. In part 1, we’ll discuss what you need to know about the process, before starting your search. There are many reasons you should hire a broker that you may not realize, and choosing one with commercial experience and knowledge is key. Unless the real estate agent who helped you buy your home has also handled commercial leases, you’ll want to hire someone else, specifically qualified to help you in your transaction. There are many different property types to consider. They differ in location, price, and functionality. There are also different types of commercial leases. Each has its own distinct benefits and drawbacks. An experienced broker will learn about your long- term plan and understand which type of lease will work best for your company. However, understanding each type for yourself can help you through the process and add value to your search. You may also have received this book in the middle of contemplating whether or not you need new office space. If any of the warning signs outlined in Chapter 4 apply to your current office space, chances are that you do. Companies that wait too
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