Commercial Real Estate Book - Leasing Book Preview

YOUR ENTIRE LEASE OCCUPANCY

The broker’s job does not end when you move in. They owe you service throughout the entire lease. It could come about in many forms, usually dealing with the landlord and honoring different aspects of the lease. If your AC goes out and the landlord is slow to fix it, the broker’s job will be to speed up their process. Dealing with a tough landlord can set you back. You may not realize if they violate the lease in any way, but your broker will if you keep them informed.

BROKERS KNOW THE BEST PROPERTY MANAGEMENT GROUPS AND LANDLORDS TO WORK WITH

If you have a responsive landlord, the broker won’t ever have to enforce the terms of the lease to get things fixed. Usually, the tenant doesn’t have a knowledge base and relationships with ownership groups and landlords to know who is responsive and who is not. Your broker will know the background on them, or research it through their contacts. This can set up your business for a smooth occupancy throughout the entire lease. Without the broker’s knowledge, you could end up with a horrible and unresponsive landlord. This is such an important aspect, I’ve written a full chapter later in the book (Chapter 14) that covers how to choose the best landlord.

YOUR BROKER WILL HAVE A TEAM OF RESOURCES FOR YOUR USE

If you’re doing this alone, this is what you’d have to do:

• Find real estate attorneys to look over each and every one

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