Commercial real estate deals are tricky with rapid market changes, new laws, and differing policies. Attempting to find a commercial building on your own may result in you paying too much or being locked into a lease that can negatively impact your business. Hiring a Calgary commercial realtor benefits you and your business in the following ways.
As a business owner, you’re already wearing multiple hats and have enough on your plate. Having to compile and review commercial listings, call agents, and schedule tours means you’re spending less time on your business and family life where you are most valued and needed.
With a commercial real estate agent on your side, you’ll have a narrowed down list of properties based on your requirements and scheduled appointments without disruption to your work and daily life. By far, this is one of the biggest advantages of partnering with a good commercial real estate agent
An experienced agent is an expert negotiator and can save you thousands of dollars a year. They have a finger on the pulse of the real estate market and can compare prices on similar properties to strengthen the negotiation process. They can also bring to light some factors of a more expensive property that becomes less costly in the long run when compared to a commercial space that is less expensive originally.
Additionally, commercial real estate agents can recognize small details in a lease that may otherwise be overlooked. For example, a tenant may sign a contract unaware that they can be made responsible for the repair and maintenance of electrical and HVAC issues. This can lead to unexpected costs that run a company thousands of dollars and downtime.
Most commercial real estate contracts typically favour the landlord. When you hire an agent to represent you on your behalf, your interests are protected and they can verify if the contract is a fair deal. Because of their knowledge of Calgary and commercial properties, market analysis, and experience dealing with landlords, commercial real estate agents can quickly recognize if a listing is priced fairly and whether the contract is a good move for your particular business goals.
You are less stressed
Understanding the legalities of commercial real estate and contract terms is overwhelming and a big learning curve for any business owner. Without the right resources and experience, the process can take a toll on your well-being. Licensed and professional commercial real estate agents are there to work with you and ensure a smooth process.
As a business owner, owning your commercial property can come with many advantages if you’re in the financial position to invest and if it aligns with your personal and professional goals. While the common objective here is to eliminate paying rent and instead make payments towards a building that you own, there are other financial […]
It goes without saying – the last year and a half grappling with a worldwide pandemic has impacted many individuals, families, and industries tremendously. The commercial real estate market dealt with an unprecedented number of business shutdowns during what is likely to be the largest economic downturn of this generation. The good news is, most […]
Investing in Calgary’s industrial real estate property requires know-how. The best way to fully understand everything about this type of investment is to enlist in the services of a qualified brokerage like CMS Real Estate. Working with a licenced agent offers you protection, selection, and most of all a wide range of knowledge to help […]
Have you thought about investing in the real estate market? There are plenty of commercial investment opportunities available. Your Calgary commercial Realtor® can provide you with a list of properties available ranging from several hundred thousand dollars to several million dollars. Why would you want to own commercial property in Calgary? There are many benefits […]
When you want to become a real estate professional who can offer commercial real estate services to your clients, you need more than just a business card and a good vehicle. Even if you have been practicing residential real estate for a few years, you will have to improve your skills and knowledge if you […]
If you’re a business owner searching for a commercial property for lease in Calgary, you already know that it’s one of the biggest financial commitments you can make. The process can be quite extensive, and the decision requires an in-depth understanding of many aspects that could impact your business for better or worse. While it’s […]
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