Commercial Real Estate By Owner- New Site Marketing the "Matching of Tenant and Owner, with NO Commercial Broker!".. Thoughts?
[{"id": "d3lxzrc", "text": "This might be great for Landlords but it is terrible for Tenants. A Tenant rep Broker doesn't just provide value in site allocation but more so in deal negotiations. \n\n", "replies": [{"id": "d3lzqdb", "text": "I agree. From a landlord's perspective (with a similar approach as what is proposed in the website), the negotiations are always with the LL interest(s) in mind. \n\nCraigslist all over, with improved interface (and colorful graphics), and the words \"commercial real estate\"? \n\nFrom the way I have seen the launch of the website being locally discussed it certainly may seem like there is a huge benefit to a tenant, but in all reality, I can only see it being a true benefit to landlords in the end. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "d3m5zu5", "text": "Negotiating commercial leases by yourself without a pro's help? Yikes", "replies": [], "depth": 1}, {"id": "d3m9ke8", "text": "Frankly seems like a bad idea. Admittedly biased, but there are so many unique factors that go into commercial: zoning, custom buildouts, upcoming developments in the area, a local and national network of connections, deep knowledge of market rates and trends, etc. There are commercial brokers who have been working for decades who are still constantly learning new things. It's like tenants who don't want to pay a layer to review a lease that will be for hundreds of thousands of dollars. Great you saved $700 or whatever, but you are putting yourself at a disadvantage and taking a very serious risk. If the commercial broker you are working with isn't providing much more value than the cost of their fee, then you are working with the wrong broker.", "replies": [], "depth": 1}, {"id": "d3n02ph", "text": "Might work for me. I am in a renters market in Seattle, looking for medical space. I can do my own negotiation with broker. I'm looking for zero ti. I have a lawyer who writes my LOis. \n\nI know an agent can be helpful. But not absolutely necessary in every single case. ", "replies": [], "depth": 1}]