Why Great Landlord Representation is a Must
September 22, 15
Several articles recently posted to the Houston Business Journal website have highlighted the continued growth of Houston's commercial real estate market. Of course, with increased opportunities available to acquire such properties also comes the responsibility to ensure high-quality landlord representation. But what, exactly, does such representation entail?
For starters, commercial property landlord representatives are more commonly referred to as leasing agents or leasing brokers. No matter the name, though, a landlord representative plays a crucial role in commercial real estate. In truth, almost all commercial property owners rely on leasing agents and similar representatives to obtain tenants for their properties.
However, successfully representing a commercial landlord is about more than just getting tenants for his property. There's typically an involved process and series of steps that good landlord representatives undertake to ensure the right tenants for just the right property.
Market positioning, or placing a given commercial property in the correct market for its characteristics, is crucial. Great landlord representatives seem to have a preternatural ability to put their clients' commercial properties in just the right market.
When selecting a landlord representative for your commercial property consider, as well, the representative's ability to execute effective marketing plans. Top-notch leasing agents or other commercial property management firms are also highly skilled at negotiating deals on behalf of their clients.
The best landlord representatives continually assess their markets. Because they're in tune with the relevant real estate markets they deliver high tenancy rates as well as high-quality tenants. If you need great representation services for your commercial property, contact us today.