Its always a benefit to conduct an online search to get a feel for the market and this website has an excellent tool to do a widespread search. The benefits to getting representation are: as a licensed professional I have access to all databases, know of tenants who might be leaving a desired space well in advance, understand all the nuances of a negotiation, have a full understanding of lease terms, bad and good, can quickly find the right properties, and best of all is that 99% of the time there is no cost to the tenant.
For instance, when a person wants to sell a building they own, they engage the services of a Broker for a fee. The fee is paid at closing so no funds are due up front. The broker does a valuation, then the seller and broker agree to a list price, then the broker packages the property with a full marketing package, e-flyer, web marketing, email databases, signage, and more, then the Broker finds a buyer, does the paperwork, and closing.
In Alaska there is one license to have a real estate practice, however residential and commercial are so different that I would be very wary of someone who does both.
Brokers receive a commission once the lease or sale has closed normally at closing but there are a few variations. For a lease the commission is normally based up on a percentage of the lease value aggregate.
In dealing with our knowledgeable broker team, we are a vital part to your successful business plan. We offer instrumental Alaska regional comprehensive marketing expertise and valuable resources to ensure maximum results in every lease transaction.
No. Any one can search for office space if they have the time to spend away from their business. We offer a comprehensive search component on our website HERE. A broker however, does so much more that just find office space. A broker uses expertise in the leasing process. A broker starts with a good understanding of your business and gives you advice as to the best space suited for your business. A broker then uses inside resources to locate the best space available that offers a good deal. A broker seeks out the best terms and rental rates. A broker stands beside you from the time the search begins until the lease is signed.
The first thing is to decide if moving into a new space is the right choice. Ask the following questions:
- Do we want to find space on our own or hire a tenant representative to assist us?
- Is it a good time to move?
- How important is location?
- How much space do we need?
- How much can we afford?
- On what date do we need to move into a new space?
- How will the new space benefit the company and its future?
- What does it cost to move?
- What else is involved in moving (furniture, phones, computers, copy/fax/postage machines, internet access, etc.)?
- Can we afford to lose business or employees during the transaction?