Ask the Expert
12/07/2012 08:52AM ● Published by Style
Q: Is finding an office space without hiring a broker a good idea?
A: Tenant brokers can level the playing field and negotiate to save you significant costs over the life of a lease. A tenant may be able to develop some market knowledge, but it will not be near what a professional tenant broker develops by working the market daily for years. A competent tenant broker already knows the best properties in the market, the market pricing, and the concessions landlords are making to procure tenants. A tenant broker will save you time and lease expenses, and you usually don’t have to pay for the service; tenant brokers almost always get paid by the landlord and are effectively a free leasing specialist for the tenant.
—Gordon Stevenson, Senior Vice President
Brandon Sessions, Associate
TRI Commercial Real Estate Services, Inc.
2250 Douglas Boulevard
Suite 200, Roseville