Part III – SimpLEASEity

On April 27, 2018   /   Commercial Real Estate Education, Commercial Real Estate Tenant Representative, In the News, SimpLEASity  

Why a Tenant Rep? A Tenant Rep is a highly trained specialist who safeguards lease exposure, manages expectations, analyses each property, and assures the negotiated lease terms are what market conditions dictate as fair.  The Tenant Rep keeps you informed of industry changes, trends and will assist with lease renewals. Think about it, a business owner seldom searches for office space.  At most, a company moves two or three, maybe four times during its business life.  The average lease term is three to five years, sometimes ten. If the lease is written well from the get-go, the Tenant Rep will

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What is SimpLEASEity?

On March 27, 2018   /   Commercial Real Estate Education, In the News, SimpLEASity  

SimpLEASEity, a guide to commercial real estate office leasing, contains confidence-building tools for the layman to utilize when seeking a new business location. It empowers Tenants to negotiate a successful lease and offers tips to identify and hire competent Tenant Representation at no cost to you. There are 11 simple steps to empowerment when leasing office space. Step One – Strategic Economics, the plan Step Two – Market Conditions, a fair lease rate Step Three – Information Gathering, the property search Step Four – Property Tour, possible office options Step Five – Narrow the Prospects, market the Tenant Step Six

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SimpLEASEity – 11 Money-Saving Office Lease Techniques Using a Commercial Real Estate Tenant Representative

On February 7, 2018   /   Commercial Real Estate Education, Commercial Real Estate Tenant Representative, SimpLEASity  

“Knowledge is power, and power is $”. This adage used by most businesses is the quintessential equation for the commercial real estate industry. Introduction The commercial real estate arena peeked my interest over twenty-five years ago. I say arena because I equate the lease transaction process to battle by gladiators in Roman times like Maximus, Russell Crowe, in the movie Gladiators. When Maximus entered the arena, he fought for every win. Well, I don’t fight for my life, but as a Commercial Real Estate Tenant Representative I do fight for the best deal for every client on each transaction. Each

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Before the Office Hunt, Define Your Scottsdale Office Space – Andrea Davis CRE shares 3 time-saving tasks

On September 5, 2017   /   Commercial Real Estate Education, In the News, Interviews with Andrea Davis CRE  
scottsdale office space tenant representation

When you consider new Scottsdale Office Space or elsewhere, or renewing your existing lease, take a few minutes to identify your current and future business needs. This helps Tenant Representation locate your ideal space. Remember, Tenant Representation (or tenant rep) represents your interest in the lease transaction. The Listing Agent or Broker represents the landlords interest in the transaction. To define your Scottsdale Office Space requirement, complete the 3 time-saving tasks Andrea Davis Commercial Real Estate suggests below. Well defined space requirement objectives save you masses of time throughout the lease process. And this ultimately saves you money. Task One –

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Need to move to a new office space? 5 money saving tips below.

On August 25, 2017   /   Commercial Real Estate Education, Selling Commercial Real Estate  
scottsdale office space

A new office space requires expenditures of time, money and energy. The last thing you want to do is move again at the end of the lease term because you choose a location that didn’t match your company’s future. Below are 5 simple tips to assurance the right decisions are made upfront. Tip One – Strategic Economics As a company, use strategic goals already defined. Before you consider hiring tenant representation (tenant rep) and searching for office space, jot down your real estate goals based on your business plan. Example one: If your focus is to enhance efficiency and reducing

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Listing Commissions and Related Issues

On February 28, 2013   /   Commercial Real Estate Education, In the News, Selling Commercial Real Estate  

Are Commissions Negotiable? In some areas of the country there is a certain percentage that real estate agents expect to earn as a commission.This commission amount is a certain percent of the sales price.Or, some companies will charge a set fee for their services.However, just like anything else in real estate, this amount is negotiable.When completing the listing agreement, you and your agent will agree on the amount of the real estate commission. Cut-Rate Listing Commissions With the advent of the web, a lot of agents are offering “cut-rate” commissions. Most of the time, lower commissions are tied to a

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The Business Cycle and Buying a Home

On February 28, 2013   /   Commercial Real Estate Education  

Recession and Expansion There are times when the economy is brisk and everyone feels confident about his or her prospects for the future. As a result, they spend money. People eat out more, buy new cars, and…. …they buy new homes. Then, for one reason or another, the economy slows down. Companies lay off employees and consumers are more careful about where they spend money, perhaps saving more than usual. As a result, the economy decelerates even further. If it slows enough, we have a recession. During such a time, fewer people are buying homes. Even so, some homeowners find

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Which Real Estate Professional do you choose?

On February 28, 2013   /   Commercial Real Estate Education, In the News, Selling Commercial Real Estate  

If you’re like many people, you pick Real Estate Professional number three. This is an agent who seems willing to listen to your input and work with you. This is an agent that cares about putting the most money in your pocket. This is an agent that is willing to start out at your price and if you need to drop the price later, you can do that easily, right? After all, everyone else does it! The truth is that you may have just met an agent engaging in a questionable sales practice called “buying a listing.” He “bought” the listing by

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