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.
In a thriving and booming city like Calgary, business owners have incredible options when it comes to commercial real estate. However, finding the right one requires time and a few considerations. A good retail space addresses location and cost. The right one strikes a balance between fulfilling your business’ current needs while saving room for […]
The amount of time and effort required to take care of a commercial property and address the needs of tenants can pile up quickly. It becomes a point of constraint for many property owners – especially those who have multiple investment properties or a large building to manage. This is where hiring a commercial property […]
An industrial property manager, also known as a commercial property manager, is the go-to person for the day-to-day operations of a commercial property. The goal of hiring a commercial property manager is to yield the property owner the best possible return on their investment. To do this, the property manager fulfills the following duties. The […]
Did you know that one of the top inquiries of prospective commercial tenants relates to property management? Long after the tenant has signed the contract and moved in, managing the building and maintaining good communication is ongoing. While leasing commercial property can be very satisfying, it also comes with hard work, patience, and knowledge about […]
Buying commercial real estate is no small feat. The search for a commercial space for sale in Calgary often begins with engaging a real estate agent who can guide you through the process. With so many professionals to choose from, finding the right one can be just as overwhelming as finding the right commercial space. […]
Once you’ve decided to rent a commercial space, you want to hit the ground running on finding a commercial office space for rent. The process can come with many risks and worries, along with legalities and regulations to be aware of. Talking with a lawyer, your banker, and a commercial realtor can help you avoid […]
© Copyright 2021 CMS Real Estate Ltd.