Your company is expanding. That growth spurt means you’ll need to start looking for a bigger place for your team. Before you hire a real estate broker, make sure you understand the kind of assistance they can offer you.
Get the Requirements Right
There are plenty of reasons to buy commercial property. For one, you won’t need to worry about the monthly rent. Second, you can always sell the property later as an investment, when it’s already increased in equity. However, finding a unit that fits your requirements may take you longer. That’s where a broker for commercial real estate investing in Phoenix comes in handy. Hire a pro so you’ll have someone to give you a list of properties that tick off all your boxes.
Find the Best Deal
If you aren’t quite ready to part with your capital and you want to try out leasing commercial space, then your broker can help you find landlords who are much more flexible, can give you a better price, and can accommodate your needs as a tenant. That’s why hiring a commercial real estate broker is so beneficial. Seasoned brokers have been in the business long enough to know which landlords will turn out to be an excellent match for you.
Help with Your Rent Escalation
Most landlords will offer rent that comes with a raise after the first 12 months. That’s the traditional rent increase cycle. However, you can ask your broker for help in drawing up an agreement that can give you an 18-month rent increase instead of the traditional 12 months.
Save on Time
When you hire the services of a broker, you get to spend more time on your core business. If you’re expanding, then that probably means you’ve got a lot of projects in the pipeline. By handing over the matter of finding an office to your broker, you can focus your time and energy on your day-to-day tasks. You can also use the time to prepare for the relocation. Either way, less time spent on finding office space to own or lease gives you more time to work, talk to your team, and plan for the future of your company.
Don’t waste your time. Start checking out firms for professional assistance. For commercial real estate investing in Phoenix, get in touch with Everyday Investments Realty.