#NYC Tenant Representation and real estate advisor

[harvestinternational]

9 points to consider for the Best NYC Tenant Representation and real estate advisory services Provider

Is your commercial rent lease for the property expiring soon? Are you not satisfied with the Existing space you have occupied as a tenant? If you face the challenge and are not able to match the tune of your business, you probably need support to spot the best location to rent. Finding it difficult to know who is the best NYC tenant representation and real estate advisory services provider?

If yes, then you must first know that a reliable real estate advisor will do these for you:  1. cater to the demands of acquisition and site selection.  2. Market analysis.  3. Lease negotiation. 4. Project construction supervision.

With multiple players claiming to be a perfect real estate advisor, here is how you should evaluate the best NYC representation and real estate advisory firm:

The tenant representative must meet your real estate requirement.

You must know and evaluate the advisory firm whether it possesses extensive knowledge about the real estate tenant requirement. The representative of the company should have the capacity to understand your business only then will they be helpful in strategic planning and execution.  

Can the real estate advisory firm absorb the change in needs?

The best NYC Tenant representation and real estate advisory firm should have the capacity to tune to the changing needs of your company. After a detailed dive into your business, a real estate advisory firm should be able to analyze that you may downsize or expand the facilities. The working patterns as well as the short term goals of the company may differ. It can affect the need for rented spaces.  

Should be able to determine the company’s needs.

The real estate advisory firm representative should determine and recommend whether relocation will be good or renewal will suit you. It will be directly proportional to your business establishment and operations. The market situation can impact your sustainability. Overall, for the NYC tenant representation, it is quite easy to analyze and predict the change in the needs.

The representative must be able to absorb and implement the information before finalizing the lease agreement for your good.

Should put your interest first.

The tenant advisory representative must not concentrate on their brokerage only. They should put your interest first be it the restructuring of the lease, relocation, reduction of rent, or expenses.  

Must possess the capacity to identify alternatives.

A tenant rep must find out about your financial status and constraints. It helps to satisfy your operational requirements. Without a clear picture, neither the advisory representative nor you will get what you pay for.

Able to negotiate a lease in an optimum manner.

As your tenant advisory provider, the representative must have the sharp acumen to negotiate a lease. They must know how to restructure the lease agreement as per the needs. If you wish to continue with the existing rented place but think that the cost is too high, you can communicate the same to your tenant consultant firm. The representative must then be able to negotiate with the landlord to make it an optimum deal.

A wide experience will be the best deal for you.

An expert rent advisory consultant who possesses a wide range of experience across different industries will be your best deal. The firm or the individual will have the perspective to understand the market and know the risks as well. With such a detailed analysis of the market practices, you will be able to fetch for you the most suitable advice.  The representative must also be able to analyze the landlord’s situation. This could refer to the current financial situation, tax liabilities, commitments, and expected vacancies. Depending on the facts, your real estate advisor can bring out the best deal in black and white.

Has the capacity to craft real estate strategies for you.

Know more about your tenant representative and real estate advisor. Find out how they can assist you to make strategies that are beneficial for your business.

Are they intimately involved?

Inquire from the real estate advisory representative about the depth to which they are involved. The best NYC representation and real estate advisory services will include the rep to be intimately involved throughout the process. The intent is to know whether they can answer your needs from the beginning to the end.

We at Harvest International have been doing extensive Tenant Representation works since 1992 and stand by at all times to assist you in crucial matters in the aforesaid, your success is also our success, so give us a call and find out.