Retail Leasing: Why Work with a Broker?

//Retail Leasing: Why Work with a Broker?

Are you thinking about leasing commercial space but are unsure if you should do it alone or with a broker? The most common mistake people make is underestimating how much time they need before they can move into a newly leased space. The result of that miscalculation can end up costing you thousands of extra dollars and ensuring plenty of headaches. For that reason, as well as many others, it’s best to work with a broker.

retail real estate broker

Check out some of the other ways that working with a broker can help you save time and money.

 

Provide Neutral Guidance

Any move can be an emotional process for everyone involved. Sometimes business owners fall in love with a certain location before considering whether or not it’s best suitable for their business. What’s great about brokers is that because they are outside resources, they don’t form any emotional connections to the business or the commercial spaces. They provide logical, unbiased advice that will help you stay on track to finding the best location for your business.

 

Double-Check All Leasing Documents

We know how long and technical leasing documents can be. What business owner wants to take the time to sit down and read every last word of these documents to make sure that everything is in order? Luckily for you, a broker can take care of that for you. Brokers go through every document to make sure that everything is in place before your sign off on them. Because they’ve seen plenty of agreements, they know exactly what to look for.

 

Negotiate for You

Oftentimes, landlords and property owners try to make business owners pay a higher rate of rent than they would have if they had a broker. They do this because they know that many business owners aren’t familiar with the market rates, the supply, and the demand for the area. Local brokers are great resources because they’re familiar with the area and can therefore negotiate better rent rates for your desired space.

 

More Leasing Options

Because not all properties are listed in one place, it can be hard to fully understand all the leasing options that are available to you. Sometimes listings have missing or outdated information and that can make it hard to find suitable spaces. This isn’t the case for brokers. They have access to complete listing databases, have industry relationships, and can even provide options that aren’t on the market yet.

 

Looking for Business Properties in Seaford DE?

Are you looking for a broker that can help you find retail space in Seaford, Delaware? Tomarchio Enterprises is here to help. We take the time to understand you and your business to find the best possible commercial space for your business. With over 60 years of combined experience, we have the professional knowledge and the network needed to find your ideal space. Call or contact us today to get started.

By | 2020-03-05T17:12:42+00:00 March 5th, 2020|Q&A|Comments Off on Retail Leasing: Why Work with a Broker?