Landlords` representatives play a crucial role in commercial real estate by finding tenants for their clients` buildings, far beyond simply checking MLS offers. Commercial real estate research is a long process that includes positioning real estate on the market, identifying the appropriate companies to occupy that space, creating and executing plans, negotiating the transaction and managing all the steps necessary for the leasing process. Landlords` representatives must have an in-depth knowledge of tenant demographics, occupancy rates, rents and industry trends. They are experienced in building relationships and need to know how to include the needs of tenants, landlords and leasing brokers in agreed agreements. A landlord`s representative is a landlord who represents the welfare of the landlord or landlord and is responsible for obtaining the highest rent with minimal effort and risk. A landlord`s representative negotiates with a potential tenant on behalf of the lessor to secure a lease, surety, tenant improvement allowances and other concessions. The owner`s representatives have a lot of experience and negotiate the best possible deal for the owner or owner. Fair Value and Owner Price Property for The Rental In addition to Eviction Representation, Parker, Simon-Kokolis, LLC advises and advises clients in the rental of real estate, and our lawyers prepare commercial and residential rental contracts that meet your needs. The assistance for the landlord receives the best terms and the highest possible rents Receiving, submitting and negotiating offers on behalf of the landlord A tenant representative is a type of commercial real estate agent that focuses exclusively on the needs of the tenant instead of being related to certain commercial real estate or landlords. Tenant representatives are the equivalent of the leasing industry to a buyer broker on the sales side of the industry.
If you want your business to have the best chance of finding the perfect space with the best rental conditions for your needs, it`s important to have a tenant representative to help you find it. In this way, all the headaches and problems you may have will not exist. If you hire a commercial real estate professional to help you navigate the process, it offers leverage from the beginning of the process to the signing of the lease. Working with a landlord representative puts you in a weaker position (if you are the tenant) when it comes to negotiating. While they owe you a basic level of professionalism, the owner signs his cheques at the end of the day, which means that their loyalty is not to you. The owner`s representative is responsible for representing the property of the owner. Do you own a property? Do you have a tenant who is unable to meet their monthly tenancy obligations? Parker, Simon-Kokolis, LLC provides representation to clients who lease their commercial and residential properties in Maryland, Washington, D.C. and Virginia. Our practice focuses on representing new and experienced real estate investors who need evacuation assistance.