Why Should a Commercial Real Estate Owner Use an Agent to Lease Their Space?
I recently had this question e-mailed to me and this was my reply: As an owner you can market your own space but it can be very time consuming and expensive. It’s not just the cost of the signs and ads to consider, but also the lost opportunity cost. What is your time worth? If you are a business owner, what does it cost you to take your focus off your business to learn the real estate leasing game? ($300/hour, $500/hour?) What if it takes you an extra month (or two) to lease the space yourself? What do you lose in lost rent and expenses for the empty space that you are carrying? Do you have the forms and knowledge necessary to negotiate the legal documents? Mistakes here could cost you thousands. If you limit your marketing to just local papers and sign calls you could be missing out on the best Tenants. As far as why you should use us as your agent the reasons are many. We are an established source for information for commercial real estate with many information distribution channels
