Commercial Real Estate Book - Buying Book Preview

CHAPTER 1 Introduction

This book will lay out each step of the commercial real estate searching, negotiating, and buying process in precise detail. Chances are you don’t have a staff member with experience in navigating the commercial real estate landscape since most businesses only need to address this need once every five to ten years. The person in charge of a new office space search is taking on a full-time task that has even more importance when looking to buy space instead of lease. When companies run out of space, need to downsize, or just need to move, they often face the decision whether to lease or buy (assuming they are financially sound enough). The owner or person in charge will usually not know all the ins and outs of commercial real estate and everything that it entails. This book is designed to inform you about the ins and out of the buying process to help you be more familiar and comfortable when that time comes. It is massively important to be familiar with each step and each aspect of the process, to maximize your business’s employees and assets. That is almost impossible to do without the help of a commercial real estate agent to help you through the buying process. The paperwork, details, and negotiations are more complicated than residential home sales, which can be done at times without an agent. The right move to the right office can re-energize your company, improve employee engagement, and pay for itself over and over

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