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Step-by-step Trouble-free Click This Programs

November 13, 2013

When it comes to leasing a professional property, you hear so many landlords say that they will’fix up’the premises when they know very well what tenant is taking the premises and at what rent. The inference is that they may paint the walls, lay the carpet, and do the fit out work and anything else required when a tenant is found. Whilst the logic may be understood, the old saying’presentation is everything’still applies and even perhaps much more in the current property market.

Whilst the property market continues to modify and vacancy factors are high or variable, the landlords have not got the benefit of as much tenants to choose from as it pertains to lease interest and negotiation. Oftentimes the landlords may only get one tenant offer to lease the premises and that will take a few months to achieve.

Everything possible has to be done to encourage the tenant to take the vacant property or premises and put in a offer. Top agents and commercial real estate specialists thrive in this market as they are able to talk from experience and use market evidence to support their negotiations.

The value of a realtor having an current database of businesses and tenants in this property market is high. Landlords should only choose the agent with the very best database to market their property for lease.

Today we discover that these factors apply in marketing and leasing vacant property:

1. Tenants are slow to inspect a house and could eventually do so only after they’ve looked at several others as well

1. Offers for lease will include some request from the tenant for an incentive. The landlord should be equipped for the function of an incentive. Whilst the incentive is a cost, it’s only temporary and can help secure the tenant for the long term. The sole fact to get worried with is if the tenant has sufficient strength to cover the rent and operate their business from the premises successfully. Information on previous occupancy and other business locations will be valuable here.

1. The tenant may compare properties against each other and force the landlords to provide their finest rental before final agreement to lease is achieved.

1. Lease documentation will make time to get signed if you don’t’hold back the keys’till all documentation has been correctly served and signed (this must be normal practice).

1. The time on market for leasing premises is significantly longer today in most property situations. With this basis every leasing marketing campaign must certanly be fond of a particular target market and the outcomes of the campaign closely monitored.

And so the secrets to leasing commercial and retail property today really give attention to the landlord and their preparation for the lease rent that is likely to be created or requested. Present the property well all the time and avoid any click over here now hurdles of presentation that may frustrate the tenant from putting in an offer.

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