Choosing the right real estate professional
Many will charge for their knowledge, which is understandable … but not really offering a network in which the real estate investor is able to obtain exclusive deals from. Knowledge is power, and I don’t dispute that fact – however there is no denying that an investor needs the great low deal. Choosing the right real estate professional is the first and most important decision you will need to make when embarking on the commercial real estate leasing, lease renewal negotiating, subleasing or buying process. As a prospective buyer or tenant of commercial real estate, its important to take advantage of the valuable service a professional real estate advisor can add to a process can quickly become risky, expensive and time consuming. As a real estate sales agent, they cannot lie to either party or misrepresent or hide information from either party in the transaction if it would be detrimental. However, a real estate agents loyalties will certainly play a part when it comes to a question like this. If they have an agency with the seller, if the seller does not wish to have this information known to buyers, then the real estate agent will not obtain this information. Many real estate investors will work with buyers agents, meaning that a real estate broker will work directly with or will have one of his/her sales agents work with a buyer. I had two. Well, I was in the Coast Guard and wouldn you know, three months later we moved. Uncle Sam took me out of St. Petersburg, Florida and dropped me in Kodiak, Alaska, for my next tour of duty. Well guess what? I was armed with ambition, courage, confidence and just enough knowledge to be considered dangerous, so I bought a duplex as soon as I came ashore on Kodiak Island. Now I had three dwellings and my relationships and responsibilities were growing with my new tenants counting on me to provide a clean, functional and pleasing environment for them to exist in.
