Commercial real estate brokerage firms have the experience, knowledge and skills to help your company find the best business space at the most competitive price. Commercial real estate brokers are trained and licensed to assist business owners in buying, selling, renting or leasing commercial properties. Commercial brokerage firms assist business owners in finding the best commercial space to meet their needs, including office buildings, hotels, apartments, retail, hospitality, shopping centers, industrial properties or even land.
Because commercial transactions require special expertise, it benefits your business to hire a commercial real estate finance broker with industry knowledge, access to the latest commercial real estate listings and professional negotiating skills. Before your hire a real estate brokerage firm, do some research and consider these real estate brokerage firms basics:
1. Do the real estate brokerage companies specialize in commercial real estate? What kind of experience do the real estate broker firms have in successfully completing transactions for your desired commercial property type?
2. Does the real estate investment brokerage have access to local, state and national commercial listings as soon as they come on the market?
3. What commercial real estate brokerage services does each firm offer to facilitate your real estate transaction?
Hire a real estate brokerage firm that specializes in commercial real estateThere is a big difference between a residential real estate brokerage firm and a commercial real estate brokerage firm. Look for real estate broker firms who work only in commercial real estate. Find out what kind of commercial properties they specialize in, and choose real estate brokers who work specifically with your desired commercial property space.
Choose commercial brokerage firms with access to advertised and unadvertised property listingsSelect real estate brokerage companies who have access to commercial multiple listing services and get information about the latest properties as soon as they come on the market. Reputable commercial real estate brokers will have information about all the commercial property listings in your area, including properties not publicly advertised.
Select commercial real estate brokerage firms that offer value-added servicesLook for real estate broker firms that provide a full range of commercial real estate services, including brokerage, property management, commercial real estate development and real estate investment. Commercial brokerage firms who offer a diverse range of services not only have the ability to meet your current real estate demands, but your future commercial real estate needs as well. For example, a full-service commercial real estate firm can find you the perfect business property, successfully broker the transaction, manage property tenants and help build your real estate portfolio for the future.
- Every commercial market is different. Work with real estate brokerage firms who understand your local commercial real estate market. If you choose to work with national real estate brokerage firms, be sure they have an office in your geographic area with real estate brokers familiar with local commercial property trends.