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World's Coolest Commercial Real Estate Offices

World's Coolest Commercial Real Estate Offices

Recently, came out with their list of the world's coolest offices to work in for 2014. With this being their 4th annual review, the stakes were risen. With commercial real estate back up on the rise this year, it is no shock to see that some of these offices are awe-inspiring, spectacular and really just mouth dropping. Some of the winners though are obviously large headquarters, but with the amount of branding, fixtures and views added in to their offices, you will understand why they are on the list.

The part that is truly amazing is that these companies were able to create these offices without a high budget. These commercial offices are sophisticated pieces of art to work inside and outside of and are designed for future use as well. Here are the top coolest offices currently being used in the world.

  • Beats Electronics
    • Culver City, CA
    • Office Designed By: Bestor Architecture
  • Google
    • Tel Aviv
    • Office Designed By: Camenzind Evolution
  • Coca-Cola
    • London
    • Office Designed By: MoreySmith
  • Mojang
    • Stockholm
    • Office Designed By: BSK Arkitekter
  • Nasty Gal
    • Los Angeles
    • Office Designed By: Bestor Architecture
  • Superheroes
    • Amsterdam
    • Office Designed By: Simon Bush-King Architecture & Urbanism
  • Wieden+Kennedy
    • New York City
    • Office Designed By: WorkAC
  • WeWork
    • Washington D.C., Wonder Bread location
    • Office Design By: WeWork

Now that the top 8 winners have been announced, who do you think should have been on the list, who are you shocked made it, or is this list perfect the way that it is?

Top 3 Items To Ask Your Monroe Commercial Real Estate Agent

Top 3 Items To Ask Your Monroe Commercial Real Estate Agent

The process to purchase or sell an office can be a long and tedious one. Working by yourself as a for sale by owner can make this process even more taxing than it needs to be. This is why we definitely suggest working with a Monroe Real Estate Agent on both ends of the deal. If you are a buyer, you may not be aware, but you will not pay a cent more for a real estate agent when you purchase the property. The agent’s commission will actually come from the seller, so the amount you pay will not change at all with or without an agent.

If you are a seller, you may be wasting more time and money than you expect by not utilizing an agent. It is statistically known that a Monroe real estate agent can actually get you more money for your property than if you sell it buy yourself. Of course the amount of time that it takes to show the property, market the property, do the paperwork, contact the closing company, title company, lenders, mortgage, etc is enough for a for sale by owner to throw in the towel. But what should you ask the agent to make sure that you are getting the best realtor for your property or buying process?

Here are some of the main questions that we may suggest asking your next Monroe Real Estate Agent before you sign on to make them your realtor:

  1. Where are office prices going and will they appreciate over the next few months, years, etc?
  2. Why should I use an agent when I can shop for an office myself online?
  3. How great of a benefit is owning an office versus leasing one from a landlord?

If your commercial real estate agent cannot answer these five questions in a detailed and calm manner, you may want to steer clear of signing the documents. Knowing that your Monroe real estate agent can answer these questions fluently will give you a piece of mind that you are in good hands and can rest assured that the process will be an easy one for you and your family.

What The New Workforce Truly Wants

What The New Workforce Truly Wants

The new workforce that is starting to evolve the office environment from what we have seen over the past few decades is coming in at full force with new ideas, new ways of working and new infrastructures. The new generation of workers are motivated in different ways, want a different type of workplace and communicate 24/7. Of course, the Monroe office that you have come to know and love will always be there, but the individuals inside the office may be a little different.

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As you can see from the new age techniques compared to the old tried and true methods of working in the office does not necessarily mean that it needs to be in the office. This new workforce is wanting a work anywhere, anytime on any device type of infrastructure and most corporate locations are even buying in to these changes. Flexibility is at the top of the list and the companies that are adapting these new trends are seeing employees that are more dedicated to their work than ever before. With the option to work remotely whenever they want, more hours are being put in to work than during the old fashioned 9-5 work week. This amount of freedom though does force the employee to have a higher level of accountability being away from the office for a set period of time.

Unlike before, many employees are looking to make their own moves up the "corporate ladder" by moving at their own pace. By doing extra work with the anywhere, any device policy, you can actually see employees start to pick up additional projects to assist with outside of their job description. There has also been a noted change in the team mentality as collaboration is still on the top of many employees list. Even though meetings in the office are not happening as frequently, technology is allowing them to make them as concise as possible. This is freeing up more time to complete different projects or tasks, allowing for more work to be completed than before.

Now this does not mean that the Monroe Office is going away. Once again we wanted to reiterate that. What this does mean for your business though is that you have the opportunity of taking work to wherever the individual is. This will increase the amount of work that they are producing and could even improve productivity and overall employee happiness. The Office will always be a crucial part of the business, but with the freedom to work wherever and whenever, you are giving this new workforce the opportunity to work smarter and not harder.


Where Will Our Office In Monroe Be In The Future?

Where Will Our Office In Monroe Be In The Future?

Productivity is always a top priority of every office. How to make the office infrastructure work like a well oiled machine is what every company truly looks for. Many companies now though are looking to a more lackadaisical approach to the office.

Employees have the option of working virtually or even from home when time allows it. Most companies have spread across the globe and have created a way for different employees to work with them simultaneously while not even being in the same continent. But you may want to forget about everything that you think the new Monroe Office of the future will actually look like.

Published in the Harvard Business Review, if you are looking to increase your employees worth and knowledge to the company, it may not be due to the individual employee. Chance and face to face meetings, brain storming sessions or encounters ideal improve performance. This is a big change from what people truly believe as technology technically keeps us together and integrated even when we are working remotely from the office.

From a survey that was conducted, the closeness that individuals gained from the office actually boosted their communication virtually. Of the office employees that worked near each other on a particular project, they were 20% more likely to communicate to each other about the project in a digital manner and sent approximately 4 times more emails to collaborate. In the end, the project was completed 32% faster than the other staff that were working remotely.

The great part about this study is that the Monroe office that you may be commuting to on a daily basis in the next 10-20 years may actually look very similar to the one that you are in right now. Whether it is an open office, cubicles, corner offices or any other design that you company currently has in place for you, that structure may not change. Overall, working in the same place as your co-workers and bosses will allow you to produce at a higher level than when virtual.

Considering A Build To Suit Monroe Office Lease?

Considering A Build To Suit Monroe Office Lease?

When looking for a new place to call home for your Business in Monroe, you have four options that are readily available at any time:

  1. Lease out an office that is vacant
  2. Purchase a building and potentially renovate the interior
  3. Build your own office and own the building
  4. Utilize a build to suit lease

If you are looking to create a new office that is completely designed and customized to the needs of business, but do not wish to fork over the large upfront payment for construction, then a build to suit lease may be the best option. In this particular option, the company would look for a commercial real estate developer to completely design and create a new custom building on a site that is preferred, but will then lease the property from that development company. In this scenario, the business never actually owns the property.

Since this building is designed with the business in mind, space efficiency and location will not be an issue as the completed commercial real estate will provide answers to all previous issues the company may have faced at their last location. You can also be assured that the newest cost-effective energy systems and technology will be a part of this long term project. Employee retention can occur much easier as the entire building can be built with the company in mind, even from an exterior standpoint, projecting their image and branding wherever possible. 

With all of this being said though, you must weigh out the pros and cons. A build to suit lease will be more of a long term lease as the market today is showing that properties may have some vacancy from a rebound in the economy. On top of this long term lease, build to suit leases are typically more expensive than renting space from a pre-developed office. Although, in the end you may end of saving money in the long run due to the new energy efficient utilities.

Each company will want to look at the four available choices to choose the one that best fits where their company will be in the near and distant future. Each choice does have their advantages and disadvantages, but if the company can benefit from the uniquely designed office structure, then hiring a Monroe Commercial Real Estate Developer may be the best option to get this project underway.

Negotiating The Office Lease with Financial Analysis

Negotiating The Office Lease with Financial Analysis

In 2014, you can find Monroe office space available just about anywhere, but in the end, great deals on that particular office lease are not found, they are negotiated. Using all of the tools to your advantage can help your bottom line while giving you the space you need to succeed and grow. There are multiple items that have an impact on how you can negotiate with your broker:

  • Total Business Size and Credit of the Tentant
  • Current Monroe Market Conditions
  • Building Placement In The Marketplace
  • Overall Timing of the Negotiations
  • Negotiation Skills of Participants
  • Tenant's Attractiveness to the Landlord and the Building

Of course this is just a few items that can have a major impact on the office lease, but quantifying the effective rental rate can make a large difference when putting your pen to paper. By seeing the potential lease agreement from the side of the landlord, it is plain to see that the effective rental rate will be the net profit from the lease.

When landlords look at their effective rental rate when making the office lease, they will look at:

  • Rental Rates In The Market: What are other companies charging?
  • Total Operating Costs: How much does it currently cost to run the building?
  • Transaction Costs: Commissions, Improvements, Free Rent

When comparing the effective rental rates, you will be able to see just what you should be paying for your office lease that will make it a win-win for both parties involved. The more that you can quantify in your negotiations the better. Knowing the bottom line for the Landlord will allow you to negotiate your Monroe Office Space that much simpler.

Open or Private Monroe Office Plan Debate

Open or Private Office Plan Debate

Who does not love a good old fashioned debate when it comes to open offices versus private offices? Monroe commercial real estate is right in the middle on this debate as many commercial buildings are featuring both types of plans as the 2014 year pushes past it's half way mark. In this debate though, there are plenty of pros and cons as to which one works the best for worth ethic and of course how the future of the office space will look. One thing that is noticeable though is that cost efficiency has taken a huge turn for the worse as Monroe offices are starting to feature less space with more employees.

With that being said though, many people have started to go against the open office space trend that has plagued the 21st century, as many corporate businesses are not enjoying the layout as much as they thought they would. In comparison to the old open vs. private office debate, many companies are looking at how the users can have a more productive space instead.

What we do know for sure though is that one space does not fit all. Although open offices may work for the Silicon Valley tech companies, that may not actually be the same for the Monroe Real Estate corporations. The other item that we do know is that change is inevitable. Trends will come and go and this open office trend may just be as big of a fad as we have seen this decade so far.

What will effect the next change though will definitely be technology. As technology becomes a bigger part of the everyday life, we can only imagine that this will play a big factor in how office spaces look in the next 10, 20 or 30 years. As of right now though, the private office is still at the top of our list, but having an open office space may continue to top the charts as must have options for future tenants. Of course, one thing you must have present when signing the lease of the open or private office space is a tenant advisor.

Wanting to Learn More About Office Space?

Got Signage In Your Monroe Office?

When you are working from a commercial office, having your name anywhere you can on the building can help your marketing tremendously. Just from the drive by traffic, the foot traffic and of course the marketing that the building does alone can help you out. In real estate there is always a saying of location, location, location.....

Always Negotiate Your Monroe Office Parking

Whether in a downtown setting or even in a city office, parking should always be discussed. The areas of parking are typically there for the tenants, clients, visitors and customers. In many cases, commercial leases will have a...

Your Monroe Office Rent Is Much More Than Just Rent

Most lease agreements that you will see in the normal office building are extremely complex and require a seasoned professional to read through them. Of course in this rent could and more than likely will include maintenance fees, operating expenses of the building...

How to Negotiate Your Monroe Commercial Renewal Options

The typical commercial lease ranges anywhere between the average of 5 to 10 years. The long term lease has become a normality in the commercial industry and will not be changing anytime soon. But inside these contracts typically include a potential renewal clause that will allow the tenant to renew their lease for beyond...

Always Negotiate Your Monroe Office Parking

Always Negotiate Your Monroe Office Parking

Whether in a downtown setting or even in a city office, parking should always be discussed. The areas of parking are typically there for the tenants, clients, visitors and customers. In many cases, commercial leases will have a designated clause that will allow you to see just how many spots you can receive based upon square footage of your office or a negotiated amount. This can be a negotiated in to your contract and should be as many cities are facing a problem where public transportation is not widely used, instead personal cars are driven daily to and from work.

The cost incurred for parking is one item that many landlords are willing to work with in order to sign a new lease. In downtown area specifically, this cost can become a little pricey as the company grows and could increase your price per square foot immensely. Suburban markets do not see as much of an issue as the business sector tends to be noticeably larger in downtown areas.

Of course, having the luxury of a covered spot is just that, a luxury and come come at a cost as well. These are all few items that may need to be discussed in the contract negotiation portion of the Monroe Office agreement and should not be taken lightly as you will need to plan for the now and the future.

Take a test drive of the parking lot as a future tenant. Obviously when you first preview the building you will be parking in the visitor lot with ample parking spaces and proximity to the building. When you are in the garage, tenant lot or wherever the tenant spots are, this may add a slight inconvenience to your office space. Although this is not normally a hot button issue when searching for your next Monroe office, it should not be passed over so easily.  

Even in some buildings, you will see the issue of too many tenants with not enough spaces. This could be due to the fact that the building owner does not have enough parking in general to take on the amount of tenants, or they are not enforcing the current rules and restrictions as set in the contracts. Spending 10 minutes on a daily basis to look for a spot that may be even further away from where you will be working can add up to additional frustration when you have signed a long term lease of 5-10 years. This should not be overlooked as it can cause unforeseen issues from day one.

Always have your Monroe Tenant Advisor look in to these issues before you sign any lease and of course negotiate the parking so you will not have any problems over the next few years. You never want to work in a great office that will cause you stress at the beginning of the work day. Parking issues may not seem like a big issue, but it can easily cause frustration for you and the entire company.

Your Monroe Office Rent Is Much More Than Just Rent

Your Monroe Office Rent Is Much More Than Just Rent

Most lease agreements that you will see in the normal office building are extremely complex and require a seasoned professional to read through them. Of course in this rent could and more than likely will include maintenance fees, operating expenses of the building, utilities bills and much more. These fees are passed on to the tenant in which case it may be seen as Additional Rent to the renter.

There are three main types of lease agreements that will display the type of rent you will be paying:

1). Expense Stop: This lease agreement states that the tenant renting the given space must pay a set amount per square foot. This is typically built in to the rent and only square footage over that which is stated will be paid through the pro-rata.

2). Base Year: A base calendar year is decided upon, normally the year in which the renting begins, and the tenant must then pay their pro-rata amount towards the operating expenses when it is over the base year amount.

3). Net Lease: In this final agreement type, there are no stop or base years. The tenant renting the space must now pay their pro-rata amount per each year they lease.

If you take a look at the lease agreements from all landlords, most of the time they are very broadly defined and leave a lot for the imagination. As a Monroe tenant representative though, seeing all of the calculations of the operating expenses are a necessity from the beginning. With that being said though, landlords will consider taxes, insurance and utilities to be uncontrollable operating expenses.

At the end of the day though, the operating expense or additional rent item on your monthly rent amount if just one of many ways that the landlords can confuse their tenants in to paying more than necessary. Having an experience Monroe Office Representative on your side can help you immensely to make sure that you are getting the best deal possible for your business. Negotiating a lease can be a daunting task, but with the help of a tenant advisor, all risks will be mitigated.

How to Negotiate Your Monroe Commercial Renewal Options

How to Negotiate Your Monroe Commercial Renewal Options

The typical commercial lease ranges anywhere between the average of 5 to 10 years. The long term lease has become a normality in the commercial industry and will not be changing anytime soon. But inside these contracts typically include a potential renewal clause that will allow the tenant to renew their lease for beyond the amount initially stated. In the end, this is a big time benefit for the tenant.

What Is The Difference Between Short Term and Long Term Leases?

It may not seem like it when you initially sign the contract, but the long term lease will benefit your business. Commercial real estate agents and the landlords tend to focus on the signing of long term leases as the advantages add up very quickly. The disadvantages to signing a short term lease include:

  • Fewer options for negotiation to the contract
  • Out of pocket improvements to the space being rented
  • Higher rental rates and the non-capability to fix any rental costs

In the end though, short term leases and long term leases truly come down to the flexibility that you can receive. Longer term commercial real estate leases will generally result in a smaller expense. This will include a higher amount of flexibility if you do look to renew and will favor your business exponentially in the long run.

Pieces of the Renewal Option

The renewal option is a necessity to have in your contract that will allow you to renew your current space for the same if not relatively the same amount of money per month. Here are parts of the renewal process though that you may wish to think about before beginning:

  • Notice Period: Landlords need this period in order to see if they need to market their property for the next tenant to take over. This is typically anywhere from 6 months to a year prior to the lease ending. The longer that you have, as a tenant, to look at the market before selecting to stay the better.
  • Term: This will allow you to see exactly how long you will need to renew your space for and what the time periods may be. The best idea is to get multiple renewal term agreements so you can solely focus on which would be the best for your company.
  • Rental Rate: Some landlords will include a pre-set rental rate, whereas others will go off of the fair market value.
  • Fair Market Value: A fair market value will allow the landlord and the current tenant the option to state that they would like to pay a fair market value for the space. This will lead to a negotiation, preferably with your tenant representative, that will allow you to figure out the best possible outcome for the market. 

Of course, the renewal options do protect the tenant in many cases. Without these renewal options, you may be looking at your space being let go without the option to resign.

  • A new tenant may pay a higher amount for the particular space
  • A current tenant may want your space for expansion
  • The amount of improvements you have made to the space may allow the landlord to know you will not be moving. This could increase the amount you will need to pay in order to continue to utilize that space

In any contract with your Monroe Commercial Real Estate, the renewal option should be a top priority. It is always wise to think of the future and this will allow for you to make the best decision possible when you decide whether or not your business should move from your current space. Always assume that the market will be in the current landlord's favor whenever you look to renew your space.

How To Negotiate the Improvement Allowance

How To Negotiate the Improvement Allowance

The build process of an commercial real estate development can always be a very tedious task. maintaining control of this process will greatly allow you to enjoy your new Monroe office space than if you were to let the potential development to becoming wildly unstructured. Adding in a tenant improvement allowance inside your lease agreement is a very key component of the leasing process. When looking to redo the space that you have in your new office, there are two ways that the improvement allowances could be completed:

1). Turn Key Build-Out

2). Stated Dollar Amount

In the turn key build-out, the landlord will take on all of the monetary items necessary for the build out. The Monroe office expenses would not be your responsibility and you will be just an onlooker during the construction process. The stated dollar amount option though will allow the landlord to state that they will pay x amount of dollars in order for the construction to occur. This normally is a set number to cover any architectural and engineering fee that may be incurred during the daunting process. During the lease agreement though, many tenant representatives will strive to opt for a turn key build-out as that would limit any, if not all, of the out of pocket expenses for the new tenant. Saving on the bottom line of the Monroe Office is obviously top priority for the tenant representative as no one wants to pay any additional money for the space that is being rented.

There are a good amount of issues with the turn-key approach though as their may be additional areas of the renovation that are cut due to higher cost. The tenant does not have much say in the turn-key approach and may have a good amount of their needs left unsatisfied. It is a give an take at the end of the day as you can save a large sum of money, but at the same time you may not get precisely what it is that you want.

Two major factors that many Monroe office representatives may want to keep in the back of their mind are:

1). Maintain Quality Control of the entire Build-Out Process

2). Look for the best fit for your construction as the bidding process begins

First and foremost, you must maintain the build-out process to remain on schedule, within budget and completed by a time that you find ideal. Working a tenant improvement in to the lease is not the easiest of tasks, and having the right tenant representative can make all of the difference. Before you sign the lease though, make sure that your potential needs are met as far as construction occurs, otherwise you will be looking at a long office contract that may not be negotiable.

What Can A Monroe Tenant Rep Do For You?

What Can A Monroe Tenant Rep Do For You?

Hiring a commercial tenant representative can be the best task that you can do when looking to move from on commercial location to another. Tenant reps are easy to come by, but finding the right commercial real estate agent takes time and know how. But when you find the right one that you are looking for, what can you expect? The main thing that should be on the top of your mind when making this commercial real estate decision is information.

Information is key in 2014 and finding the right tenant rep can make or break your move. In comparison to a traditional residential real estate agent, commercial agents use multiple databases to gather information including, LoopNet, CityFeet, CommercialSource, Xceligent, Costar and many more. Whether you are looking to buy or lease a property, these sites can help to start the search process, but seeing the in depth information will take a trusted tenant representative. Residential agents just have to look on the mls, but with multiple sites to dive in to the information even deeper, the process can get a little overwhelming. Knowing just where to find all of the information and how to discover just what the client needs while doing this can be the bigger challenge. On top of this, seeing a property for yourself on the internet may not show the entire story as it more than likely could be displaying outdated information.

Finding a property for sale is not that difficult as driving down the road and looking for commercial real estate signs is an easy task. Once the leasing agent is on the other end of the phone though, do you know what questions to ask, or how to compare their rental quote to others? Some of the properties may be full service while others could be plus electric. Some commercial offices offer flexibility to the lease agreement. Comparisons must be made as this is your company that you are putting on the line. In order to make the best decision you must know all of the information at hand, but furthermore, you must know what that information means.

All of this factors in to what you can expect from a Monroe Tenant Representative, but at the end of the day, the information and expertise are what will really enhance your commercial experience. Finding a property to lease or purchase is simple, but the steps that come after that are the part that will make you glad that you found the right Monroe Commercial Real Estate agent!

Add Flexibility Into Your Next Monroe Office Lease

Add Flexibility Into Your Next Monroe Office Lease

When looking in to a lease agreement, long-term leases tend to rule the Monroe office space. 3-15 years is typically the normal amount you can expect, while thinking of your actual business beyond a 2-3 year span can make for a little hectic of a time. Determining future space requirements when you sign a long term agreement may not be the easiest thing to do, especially if you are in the beginning stages of your business ownership.

Why Are Short-Term Leases Harder To Obtain?

To answer this question in the easiest sense, obtaining a return on investment for the building is the main concern of any building owner or property management company. Locking down cash flow for the next few years will allow assets to come in as tenants come and go and maintenance needs updating. Also, a large amount of upfront capital needs to be invested in the building which can skew the bottom line. Leasing commissions, payment for owning the building, mortgages, etc all play a factor in how long the lease agreements are. At the end of the day, Monroe offices are looking to make back the income that they put in to the property. Working with the right Monroe commercial real estate agent can make all of the difference when signing this contracts as well.

On the other hand though, the tenant may want to lock in that particular rate in order to save in the near future as the cost of living rises. With our current economy, Monroe commercial real estate has seen it's ups and downs recently, and locking in a longer lease may actually be the best option to know exactly what it is you will be paying over the next few years. Even though longer leases are typically seen as a bad thing in the industry, it may benefit the tenant just as much as the property owner.

How To Create A Flexible Lease In Your Monroe Office

Since we dove in to the fact that short term leases are harder to come by, we do have a few work-arounds for when you sign that longer agreement to make your life a little less stressful.

  • Add a Renewal Option
  • Structure A Sublet Provision
  • Add In A Termination Agreement
  • Ask For A Right of First Offer for other Spaces to Upgrade to in the Building
  • Add Alternative Work Strategies
    • 24 Hour Entrance
    • Free Parking
    • Allowance of Tenant Improvement

These are obviously just a few ways that you can create a little bit more flexibility in your lease. Taking a lease from a 15 year down to a 2 year may not be that easily done, but adding some extra items in your contract of your next Monroe Office is that simple. Look over the lease agreement before signing and see if there is any information that you would like to add to make your time in the office more enjoyable. At the end of the day, this is where you will be spending 40+ hours, 52 weeks a year and it needs to be able to suit you today, tomorrow and the near future.

Does Your Monroe Commercial Real Estate Adviser Work Solely With You?

Does Your Monroe Commercial Real Estate Adviser Work Solely With You?

Finding a Monroe commercial real estate adviser in 2014 is not that hard of a task, but finding one that can tend to your needs when you are looking for information can be the tricky part. The top tenant advisers that you would like to work with are much more than just a one time broker. They work with you between each transaction and answer questions as an ongoing representative to your business.

What can you do if your current Monroe Commercial Real Estate broker works with multiple landlords or is working for a full-service company? First off, you may have chosen the wrong commercial real estate agent to begin with. By providing a full service to multiple clients you are actually becoming hindered from their job. Will your information be confidential with other potential landlords on their client roster? Will the other landlord clients change the way that your real estate representative works with you? At the end of the day you need to sit down and think, will my relationship with my ideal commercial real estate agent have any issues based on their current business?

Your company should be your top priority and it's status inside the full-service commercial business should be thought of first. If new accounts are taken on, how will your current level of service be effected? Will their rate of completed projects diminish with the new clients? If you have an issue with your current landlord and try to get a hold of your Monroe commercial real estate agent, how long will it take them to contact you back? When looking at all of your options remember that trust is a high key factor to place on the line. Without a pre-built relationship that includes the trust and know how to complete every task asked for, the end result will be a complete waste of your time and money. With all of this said, return on investment is always key, and having a broker/ adviser that can answer questions, help fix problems and be there when needed is a must have in any business.

When you are looking at who you would like to begin that commercial real estate partnership with, it is important to keep it professional with an eye on the bottom line. Real Estate can hinder that bottom line very easily and you want to make sure that all of your items are aligned before any documents are signed. Look around at multiple Monroe commercial real estate agents before you sign to begin that relationship the right way.

My Ideal Monroe Commercial Real Estate Referral

My Ideal Monroe Commercial Real Estate Referral

As a real estate agent who has been working in the industry for as long as I have, a good portion of my business comes from previous referrals from clients I helped out. Past clients, networking groups and of course some times from different real estate agents will send me their clients they cannot work with for whatever reason as I am a sought after commercial real estate agent in Monroe. The ideal part about a referral is that competition is low and the client already trust me as a talented and experienced agent due to their potential agent sending them my way. But are these particular clients that great for what I am a specialist in?

Obviously, commercial real estate is a very broad industry. You have the office aspect, industrial, retail, construction and more. As a commercial real estate agent and adviser, I work with clients of many sizes to find their ideal commercial needs, whether they are looking to buy, sell, lease or rent in the Monroe, Louisiana area.

What exactly happens if someone that was referred over to me does not fit the criteria of buyers and sellers that I work with? Just because they do not fit within my main structure does not mean that I will not help them out by any means. What this does mean though is that I will not be actively looking for these particular clients or will be spending money on marketing trying to find them either. What this also means is that this particular client or business may be getting referred out as well due to the fact that I may not be the best agent to help with their particular needs. Having a commercial real estate specialist for your particular property is the best choice as you know you will be getting the most out of your real estate experience.

By knowing who our ideal client is, we are then able to work with them one on one and can provide the expertise that they deserve and need in order to find the best property available, or sell their current real estate for exactly what they deserve. Specializing in a particular part of the commercial real estate industry will be a win-win for both sides of the party, leading to a faster transaction with a greater amount of knowledge.