There are many reasons to call a commercial real estate agent. Hiring a commercial real estate agent saves you a vast amount of time. Most business owners are so busy running their business that not much time is left to research properties. Hiring a commercial real estate agent is beneficial as they can walk you through the entire process from reviewing listings, contacting listing agents or property owners, scheduling and arranging property tours, writing LOIs (Letters Of Intent), reviewing city zoning and more as well as staying on top of lengthy negotiation if need be. This not only saves time, but also saves you money.
Commercial real estate agents who represent a buyer or a tenant are paid a commission for their work. Instead of getting a fee from the tenant, they will receive a commission from the landlord or the owner. Yet another reason the tenant saves money is by the commercial real estate agents experience and skills to negotiate the best deal possible on all parts of the transaction. They will also look review the lease to highlight any future issues that may arise.
Another very important asset that agents have is an extensive list of contacts. An experienced commercial real estate agent is well connected with business owners, investors, property owners, etc. This allows agents to gain access to listings that may not be available yet, or may not be listed. These connections are able to close the loop on commercial real estate deals.
