When you lease commercial property, it can be a hassle, but poorly negotiating a commercial lease can be downright dangerous. No one finds out they have negotiated a bad lease until they have a problem, and it’s too late.
Vacancy is expensive. In fact, vacancy can eat up years worth of profits in a very short time. While every property is subject to its local market conditions, the opportunity to shorten a vacancy often lies in proper marketing, competitive pricing per square foot and commission structures, and sensibly readying the space for showing.
Buying a property, for too much money, with hidden repairs, and weak tenants is worse than not buying anything at all. Failing to perform proper due diligence can be financially devastating.
Selling a building requires doing everything you can to have the best shot at the market. When clients come to us from other brokerages, more often than not, we find they are poorly positioned against their competition. Of course, location matters, but usually we find there are things that can be done, that aren’t being done.