10 Reasons You Need a Broker
1. It’s free
Just like using a residential agent to purchase a home, the client never pays a fee to the broker for finding them space. The landlord/seller pays any necessary fees to the commercial brokers.
2. Know the structures of lease/purchase
Brokers with O’Donnell Commercial work with commercial transactions all day long; they understand brokerage vocabulary and are aware of current market transactions. Using a broker takes all the guessing out of the real estate process.
3. Have access to all listings
Rather than just seeing what the public is allowed to see either online for free or by driving by “Available” signs, O’Donnell Commercial utilize multiple real estate databases to uncover all available properties. Furthermore, their brokers’ relationships with city officials and other industry professionals allows them the knowledge of “off the market” opportunities.
4. Save you and your staff time
Clients should spend their time on their own business adhering to the daily tasks of their job. Allowing a broker with O’Donnell Commercial to help in the real estate process frees up time, as the broker will be monitoring and negotiating transactions.
5. Minimize risk
By working with a team of professionals, including architects, attorneys, contractors, and bankers, O’Donnell Commercial brokers help to ensure each aspect of the transaction is risk-free for clients. Additionally, the broker’s knowledge of the market and industry mean clients don’t have to learn a whole new trade and can depend on their broker.
6. Team of professionals to benefit from
O’Donnell Commercial has developed a team of individuals that will help tenants and buyers throughout all aspects of the real estate transaction. From trusted general contractors and architects, to knowledgeable attorneys and bankers, O’Donnell Commercial’s relationship with these professionals is passed onto clients.
7. Ability to remain anonymous
Perhaps a client doesn’t want the word on the street that their company or business is coming to town. By using a broker with O’Donnell Commercial, a client can remain anonymous throughout the entire real estate transaction allowing the broker to be the point of contact.
8. Access to recent transaction data for comparables
O’Donnell Commercial stays abreast all market transactions so that clients benefit from recent sales and lease data. Keeping this knowledge current ensures clients get the best deal possible.
9. They have relationships with local brokers and landlords
Brokers with O’Donnell Commercial regularly network with other local brokers and landlords to maintain business relationships with these people. In doing so, real estate transactions tend to move smoother and quicker.
10. Save you money
Abatement, moving allowance, and tenant improvement dollars are just a few ways brokers with O’Donnell Commercial help save clients money. Allowing a broker to help in the real estate process means benefitting from their market knowledge. Since O’Donnell Commercial brokers are working in the industry on a daily basis, they know current market trends are and what landlords will give tenants to make a transaction successful.
