Deciding to buy or rent a piece of commercial property is a big step for your company’s future. You’ll need to make sure you choose the right property for your business and that you’re getting the best deal when it comes to pricing. Having a professional commercial real estate agent can help you navigate through buying or renting property for your business. There are several positive benefits in hiring a commercial real estate agent when making this important company decision.
Hiring a Commercial Real Estate Agent is Beneficial for a Move
As a business owner, you have limited time to spend on matters outside of business operations. Having to spend your free time sifting through listings of potential company buildings is probably not the best use of your limited time. Instead, a commercial real estate agent can provide this service for you and show you only the best options for your company’s needs. This will save you time by allowing someone who specializes in finding exactly what you need to do so on a daily basis until the need is met.
Real estate agents know their industry inside and out. Not only do they take classes approved by the Louisiana Real Estate Commission, but are also licensed and affiliated with a real estate broker. On top of that, they keep up with the current market and news of the area. That means they’ll know the area where you’ll be looking, the prices of the properties selling in that area or comparable building prices, and what is available on the market. Real estate agents also know many industry-specific resources to check when looking for property for a client.
City Zoning Familiarity
Your business is unique but unfortunately, the city confines your business into one of several coding zones when you are dealing with property. Your real estate agent will know each property’s zone and about the paperwork that comes with the building zone. You won’t end up with a piece of property you can’t use for your business when you hire a commercial real estate agent who makes a point of knowing city zoning codes.
Commercial real estate agents are professionals who know the workings of negotiations when dealing with property. They know the hidden clauses and can sift through the entire document, which can be several stacks of paper tall. Agents can also fight for your case in negotiations, pointing out problems that need to be addressed or that aren’t in your favor. Your agent can negotiate for you in a professional manner that will give you full advantage of the situation.
Commercial real estate agents can also suggest other professionals you’ll need for the process of buying property. Due to commercial property not having the same consumer protection laws as residential property, having suggestions for people who can help you will be useful. Your real estate agent can save you some potential problems and money by providing suggestions for other professionals that will help provide due diligence on the property. Proposals will be made for those who can perform title checks, environmental hazards investigations, property line identification, and more.
Hiring a commercial real estate agent when you are searching for business property can help your moving experience go smoothly. With the knowledge they possess, the time they can dedicate, and the familiarity they have with the city and other professionals, they will steer you in the right direction and help you find the perfect property for your company.
Work with The Quality Group
At The Quality Group, we’re your commercial relocation specialists. Founded in 1987 in New Orleans, LA, The Quality Group serves the Gulf States with comprehensive commercial moving services from move planning to furniture installation. No other company puts in the time or preparation that we do to make your move stress and hassle-free.