Blog » Recent blog posts about 'office lease'
Real Estate Brokers Can Help you Negotiate your Office Lease
Most people don’t realize that when you lease office space, the landlord pays a commission to the property manager of the building. The property manager of the building will never tell you about this commission and they’ll certainly never split it with you. If you hire a Real Estate Broker (Ganisco) to help you negotiate your new or existing lease, the commission paid to your property manager is split between the property manager and your representative.
This means you have a Broker negotiating on your behalf without paying ANY money out of pocket. That’s right, if you want to move your office, or renegotiate your existing lease, you can call us to help you locate and/or negotiate space, without paying money out of pocket. If you have a lease renewing in the next six months, a tenant rep can help you renegotiate your renewal and save you money as well.
Many times Property Managers will use the term “Boiler Plate” or “Standard” lease. These terms basically mean “Benefits the landlord and not you Mr. Tenant”. Don’t be fooled or misled into believing your property manager is out for you best interests. They work for and are paid by the landlord so everything they do benefits the landlord. Continue reading "Real Estate Brokers Can Help you Negotiate your Office Lease"
When Leasing Office Space Hiring a Tenant Rep is a Must
We’ve had several clients move office locations in the past year. Some were growing, some were shrinking, some went through the leasing process alone, others hired tenant reps. Many business owners lease new office space on their own because after all, they’re business owners and know how to negotiate better than anyone….right? The fact is, most business owners don’t know enough about leasing or leases. You’re not buying a car or piece office equipment, you’re entering into a 30-35 page contract with rules, regulations and often times “boiler plate” language. Continue reading "When Leasing Office Space Hiring a Tenant Rep is a Must"

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