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FREE Expert lease negotiation services for Office Tenants!
Do you need expert lease negotiation services?
Take a FREE Mini Course and find out before you lease or renew you lease.
Answer these six questions to see what lease negotiation services can do for
you.
1. Have you got time to call the leasing agents at every building because
this is the only way you'll ensure that you know about every listing - many
landlord and other real estate websites are not frequently updated. Do you know
what to ask and what not to say to a landlord or his agent?
2. Are you familiar with commercial real estate jargon and pricing - net lease,
triple net, gross lease, semi gross, gross up, load charges,CAM, BOMA,
etc. This is confusing to most tenants.
3. Are you familiar with Toronto commercial real estate lease negotiation? Landlords
and their agents are. They negotiate real estate deals on a daily basis.
4. Do you know what you you need to know before you hire a commercial
real estate agent? Not all agents are the same and picking the right agent is
one of those critical issues that can save you tens of thousands of dollars!
5. Do you know that the Landlord's standard lease is extremely one sided
containing clauses like the right to terminate your lease early for his
convenience, to relocate your premises to undesirable parts of the building
even before your lease commences,and to legally double charge you for many additional costs?
Do you know that he also has ways to limit
your lawyers ability to change these clauses. Are you aware that there are
ways to protect your rights before you call in a lawyer and the lawyer tells you
it's too late!
And once the lease has started, do you know that many landlords make huge errors in calculating maintainance and tax payments that they charge back to you?
Better still, are you aware that you can hire experts to uncover and recover these overpayments that can add up into the tens of thousands of dollars?
6. Has a Toronto commercial real estate expert custom designed your initial
leasing documents, read your landlord's lease and answered the questions 1-5?
You may be in a hurry to get into your new office space. Landlords hire agents
to make sure their buildings produce the highest rents possible. As business
person you are on your own to find your own professional support. Hold yourself
in check and get the help you need before you go to the market.
What do you need to make your next Toronto Commercial Real Estate lease the best it can be?
As a professional tenant representative broker and consultant for over 25 years in Toronto, Mississauga, Markham, Scarborough, North York and Vaughan, I have leased hundreds of thousands of feet of space over the years.
On this site I will share with you all my 'insider' trade secrets, leasing tips and techniques.
I literally wrote the book on commercial leasing.
You can buy it on the site.
And the best thing is that my services are FREE to my buyer clients.
A lot of tenants think that a good deal comes just from hard negotiating on rental rates, free rent and allowances.
While of course that is true and important - there are other rental costs to be considered.
And as many tenants have found to their dismay - they can be even more important than the obvious aspects of a lease transaction.
Hidden costs of leasing are found in 3 main areas.
Real Estate Related Costs
Business Related Costs
Legal Issues
Only an expert can help you in all three and that expert is not a real estate lawyer.
The lawyer is essential but he or she comes into the picture much too late to be much help to any tenant other than the large and sophisticated multi-location tenant.
Generally, most tenants, large and small, end up with poorly negotiated leases that cost them dearly - when this did not have to be the case!
The worst thing is that they do not find out until later when they run into problems that could have been easily avoided.
It may be wise to ask yourself these questions before you negotitate a Toronto Commercial Real Estate. You'll be glad you did!
There are many FREE resources on this site. Try out the Learning Center first for articles on real estate leasing first. You can judge for yourself how much help you need or whether or not you can do it yourself. Subscribe to my minicourse or come to a seminar. Or buy my book, unfortunately it's not free.
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