Selling real estate can be just as much work as buying. There are so many things to worry about as you prepare your home to list on the market. Then you have to worry about the real estate agent you will hire to help you get the house sold. After that, you have to worry about who will be coming in to tour your home throughout the week. Will you hold an open house? Do you take the first reasonable offer you are presented with? Our blog was designed to assist you through the selling process a little bit easier.
Whether you're just starting your business and need to find a building to operate out of, or you've had your company for some time and are expanding, it's important to get a good deal when you're leasing office space. You want your money to go as far as possible so you can get the most bang for your buck. However, you may not quite know how to go about the process of getting the best rental rate on office space. Use this information to learn more about two tips that can help you get an incredible deal the next time you need to lease a new office building.
Be Prepared To Negotiate
The first thing you want to do when you go out to rent office space is understand that you can negotiate. No matter what price may have been listed with the commercial property, it's perfectly okay for you to negotiate terms that are more favorable for you.
Understand that, in a single office building, it's entirely possible for each tenant to be paying different rental amounts. This is because some knew that they could negotiate, while others just went with the stated price.
The key to effective negotiation is knowing how to point out the right factors. For example, if you're renting a space on the lowest floor of the building, ask for a discount based upon the fact that your team won't have a view. Conversely, if the space is on the top floor, ask for a discount because your staff may have to wait at the elevator each day before they can get to work or when they leave for breaks or lunches. It's all about leverage and knowing how to frame the situation.
Be Willing To Go For The Long Haul
The individuals who own office buildings own them because they want to fill the units and make money. Each time a tenant leaves, they have to go back to the drawing board by marketing the space and spending money to return it back to the right condition.
If you find a space that works well for you, be willing to sign a long term lease. Ask the landlord if you can be a given a substantial discount if you're willing to sign an extended lease. You may be pleasantly surprised at just how much this helps you get a more affordable rate.
Getting a good deal when leasing office space doesn't have to be difficult if you know what to do. When you're on the prowl for your next office building, remember these tips so you can save big, and consider contacting real estate companies for more information and tips.
Share25 October 2016
