Successful commercial landlords will tell you that one factor can make the difference between success and failure – quality tenants. A consistent, high-quality tenant ensures steady income and helps preserve the property’s value. Finding these tenants, however, can be challenging. In this article, we look at five ways to make sure that the tenants you…
Vacancies in investment properties are part of the tenant management and leasing strategy. Property owners and managers should keep tenant turnover low and have a plan for leasing all vacancies whilst they underpin the income stream for stability and growth. So, it is time to explore alternative rental revenue streams and how you can improve…
When analysing a commercial or retail property for investment, rentals paid and received instantly come to mind as an essential factor to examine. There are many other critical things to explore, but the revenue stream tells the tale of the investment. Examine the property and comprehend its history and future. This will be the investment…
Commercial and retail property landlords generally want just two things. When you satisfy those two things, you typically have a client for life. So, what do landlords want from agents? In the first instance, they are looking for tenants to fill vacancies. So, it directly follows that if you as an agent know plenty of…
As the property market shifts and changes, you can learn a lot about the current and upcoming leasing opportunities by doing a gap analysis of your market and location as an agent. In addition, you can find things that can be an opportunity in the future in brokerage activity. The vacancies are always out there,…
Leasing a commercial property is a simple and yet staged process. If you win the listing, there are things to think about and talk about with the clients and your clients could be landlords or tenants. There are some facts to share with the client, so they understand that you have all the ideas and…
Here are some ideas in this commercial real estate podcast to help you elevate your levels of engagement and contact with good quality tenants and landlords in commercial real estate leasing. Delve into your local area and check things out fully. Get to know the vacancy factors and the changes in building occupancy. Some buildings…
Most brokers or agents get involved with leasing commercial or retail property. It is a good segment of the market to work with. It does, however, require specialisation to ensure that you have the necessary skills and market coverage to work with both tenants and landlords comprehensively. Where do you start? Understand what the tenants…
In commercial property management, there are pressures to be aware of in keeping good tenants and reducing vacancy factors. Negotiating leases early optimizes the property. Help the landlord see the benefit of working with tenants early in their ‘lease expiry window’. In this ebook on property management leasing, you can get the facts behind a negotiation with…
The leasing process in commercial and retail property can be improved by a simple degree of personal organization and directed action. That action is in connecting with landlords, tenants, business owners, and property developers. The information gleaned from those connections will help you with the entire leasing process. Get to know the people, that’s the…
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