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If you plan to lease retail or business space for your company, then you need to make sure you choose an option that meets your needs without causing you to spend too much money. To determine how much you should spend on a piece of real estate, you should consider the fair market value of the property.
Fair market value leases are determined by a wide range of factors. Most importantly, you want to make sure that the amount you pay is not wildly higher than the amount that businesses around you pay for their real estate. If you pay substantially more, then you are probably not getting a fair market value lease. Instead of paying the high price, you should consider another location that suits your needs as well without charging as much.
The features of a property, however, can increase its value. You will, therefore, need to determine the fair market value of each property on its own merits.
To learn more about determining air market value and hiring professionals that can help you make experienced choices, spend some time visiting the websites that Business.com has posted on the left side of your screen.