REAL ESTATE TIPS: HOW TO FIND THE RIGHT BROKER

Are you looking to hire a commercial broker to assist with evaluating a renewal at your existing building or a relocation?  Here are some key points to consider when deciding.

Existing Lease Review

  • What are your current obligations and rights?

Identifying Real Estate Options

  • What options exist within the marketplace?

Request for Proposal

  • What specific criteria do you need within your future space?

Quantitative Analysis

  • What will it actually cost you after you factor in rent increase and escalations for Taxes on Operating Expense increases?

Preliminary Fit-Up Budget and Test Fits

  • What will is cost do fit up your space, will you need to come out of pocket to cover the shortfall?

Selection/Negotiation

  • How can you leverage the market and your tenancy to your advantage?

Letter of Understandin

  • Assembling all the business terms to prevent any surprises.

Lease

  • Assist you and your counsel to ensure the lease reflects what has been agreed too.

Lease Summary

  • This will act as a road map for you to understand key dates during your occupancy.