Five Reasons To Hire A Commercial Real Estate Consultant

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Five Reasons To Hire A Commercial Real Estate Consultant

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There are those who feel that when it comes to buying commercial real estate, money can be saved by not taking advantage of the services of a licensed real estate consultant. They feel that they are effective negotiators and know enough about the market not to have to hire a professional. But is this really the case, or can a commercial real estate consultant add value to the transaction? – PowerPoint PPT presentation

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Title: Five Reasons To Hire A Commercial Real Estate Consultant


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Five Reasons To Hire A Commercial Real Estate
Consultant
2
  • There are those who feel that when it comes to
    buying commercial real estate, money can be saved
    by not taking advantage of the services of a
    licensed real estate consultant. They feel that
    they are effective negotiators and know enough
    about the market not to have to hire a
    professional. But is this really the case, or can
    a commercial real estate consultant add value to
    the transaction?

3
  • 1.A real estate consultant can (and probably
    will) save you money
  • Often, the consultants fee is very small, and so
    you really can focus on the other cost savings
    that a consultant can bring. Such as they will
    have intimate and detailed knowledge of the local
    market, with access to privileged information and
    skills, experience in all types of negotiations,
    meaning that they may have important market
    information that could maximize profits as the
    business expands. They may also spot negotiable
    items that would save your business money over
    the course of the lease.

4
  • 2.A consultant works for you, not for the
    landlord
  • Consultants can search for properties listed with
    many brokerages and will always take into account
    the situation and needs of your company. They are
    focused on you and your needs, rather than on the
    needs of the landlord.

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  • 3.A consultant can save you time
  • The list of commercial properties available can
    easily appear overwhelming, and without the help
    of a consultant, it can be a time consuming
    process to go through them all. With a
    consultants experience, they can quickly whittle
    down the listings to those properties that they
    know will be suitable for your needs. Not only
    that, but with their knowledge and connections,
    they can save you time during the negotiation
    process too, when inspections are being organized
    and when paperwork has to be completed.

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  • 4.Negotiations and leases are a doddle for real
    estate consultants
  • Anyone who has ever been involved in bidding for
    a property, commercial or otherwise, knows that
    the negotiation process can be incredibly
    stressful. Real estate consultants make a living
    from negotiating, so you can sit back and let
    them do the hard work for you. Leases can often
    look as if they contain a dictionary worth of
    confusing words and jargon that no average person
    could be expected to decipher and understand, so
    to have a commercial real estate consultant read
    through, and interpret it for you, could be a
    godsend.

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  • 5.Real estate consultants and their knowledge of
    the local market will give you the upper hand
  • Only those who work day in day out with local
    commercial properties, can be expected to have
    intimate knowledge of the market, and real estate
    consultants will use this knowledge to seek out
    the most appropriate properties for your
    companys needs.

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  • Most consultants keep on top of the market and
    will know about new properties as soon as they
    become available, which will already give you an
    advantage over any competitors. They will also
    know about any restrictions, zoning issues or
    development proposals which might be applicable,
    and which the company owner might not have known
    about.

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  • East Tennessee Valuation Inc. is a commercial
    real estate valuation and consulting firm based
    in Knoxville, Tennessee. Our services include
    appraisals, appraisal reviews, consulting,
    evaluations and expert witness litigation
    support. If you are looking for a commercial real
    estate appraisal in Knoxville, visit us. Our
    commercial real estate consultants in Knoxville
    have the knowledge, experience, technology, and
    the skills to help you make an informed decision.
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