Why Office Tenants need a Property Agent when they Move Office
Find out why it's so important to the process of finding and securing the right office space:
1. It Saves Time
Imagine the time it's going to take for you to research every available office property online that matches your requirements. And what about those properties that aren't "on the market" that you won't even know about? A good Property Agent knows the market inside out and can therefore locate the right office quickly.
2. Landlords prefer to work with Agents
Landlords do prefer to deal with Agents - rather than directly with the Tenant. This is because the tenant will be better advised, with clearly defined office space requirements, and will have realistic expectations about what constitutes a reasonable deal. An unrepresentated tenant is likely to bulk at the office lease negotiation stage and this makes Landlords all the more wary about dealing with them.
3. More Favourable Office Lease Terms
A Property Agent's role is not only to find the tenant the right office space, but to then negotiate favourable lease terms of their behalf. Finding the right space on poorly negotiated lease terms can have disasterous consequences for the undiscerning tenant. So having a Property Agent to negotiate hard on your behalf will save you money and get you on the best possible lease terms.
4. Ongoing Tenancy Advice
Building a long lasting relationship with a Property Agent will also be invaluable throughout your tenancy in the property. A Property Agent can act as a mediator between the tenant and the landlord should any alterations need carrying out on the property, ongoing maintenance and even offer advice should you wish to exercise the break clause in your lease.
5. Market Knowledge
The average office tenant only moves office once every 7 years, and they are unlikely to have their finger on the pulse as to what the average office rents are in a particular area. On the other hand, a Property Agent does this day-in day-out and can provide invaluable advice when it comes to securing an office space that is best-suited to your business.
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