price down. This all falls under starting early enough to be fully prepared.
LACK OF DOCUMENT INS MENT INSPECTION
This is a lot of paperwork and tenants are not extremely careful when they sign sometimes. Landlords think deeply about how to make as much money as legally possible on their buildings. Have it inspected by a real estate lawyer. The longest leases are specifically made to get the landlord more money. So they really need to be read by a professional. Other ownership documents have to be fully looked through as well. Make sure the space is legal for commercial business and your own industry. Make sure it is in line with safety codes and any other regulations.
CHOOSING THE WR G THE WRONG BROKER (OR NONE AT ALL) T ALL)
The right broker will be able to reduce your company’s bottom line and protect its interest throughout your lease. A company’s office space is usually one of the top three biggest expenses it has. Don’t try to do it yourself. A good broker can improve deal terms by 10% to 15%. It doesn’t cost the tenant any money and gives them access to an expert in each stage of this process. Plus, it gives them access to the broker’s team of experts you will need.
UNDERESTIMATING NEGOTIATING POWER
I’ve mentioned this in previous chapters. Tenants at times think the landlord holds all the power. This isn’t exactly the case. They need tenants just like you to keep their building full and their investment generating the proper return. If it’s empty for a period
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