People associate successful businesses with many things: Stellar customer service, a great product, and eye-catching marketing strategies. What they often forget is that in the world of brick and mortar business, real estate agents often play a crucial role in helping clients succeed. They do this through tenant representation services that help tenants, also known as business owners, make good real estate decisions for their businesses.
The hallmark of good San Francisco tenant representation is the willingness of an agency to really sit down with commercial property owners and devise a strategy that works for them and their business, as it is seen through the eyes of the real estate world. One of the first things you’ll want to do is take a look at all the mistakes you might make without one of these representatives. The list is long and frightening if you’re a business owner. After all, a single mistake in business can lead to the end of the business altogether. Not every small business owner is going to be able to afford to make these kinds of mistakes when leasing a commercial property for their business.
A representative is going to go to bat for you from day one. They will handle negotiations between landlords who lease out to commercial entities. They’ll keep detailed records of all of these negotiations and make you a vital part of them. Good communication is the hallmark of any successful relationship, so it’s wise to always keep up with what a representative is doing for you, and if you feel like they’re not performing up to par, you can always seek out a new representative to handle your commercial space needs.
What’s important to remember here is that you could take a DIY approach to these negotiations or seek to make contracts of your own. What you are going to miss out on here, though, is the opportunity to benefit from the experience and expertise of a person whose sole occupation it is to make sure that commercial owners are able to successfully lease out their properties AND to make sure that the businesses renting the properties get a fair deal. While you’re going to pay for that expertise, it’s well worth the money in the long run. These contracts often run long and are full of legal jargon that the average businessman might not even comprehend or want to take the time to comprehend.
Best of all, representatives who are native to the San Francisco area know what properties are on the market and which ones are suitable for commercial renting and leasing. As such, they have connections in this world that a typical business owner simply won’t have any knowledge of. The end result is that you get a full-time expert on your side to direct you in all of the ways of the contractual obligations of your lease or rental agreement, and this can mean larger bottom lines for your business over the course of the year. A good rental or leasing agreement can truly push your business to the next level.