subject: Tips For Finding A Good Commercial Real Estate Broker [print this page] Tips For Finding A Good Commercial Real Estate Broker
New York is constantly trying to boost the image of the city and create a welcoming environment for commercial enterprises. Latest in that attempt is a $3.3 billion plan for new parks, services and other improvements along its shoreline to woo commercial enterprises to the city. The big Apple has long been a favorite destination of businesses, small and big because of its vibrant culture and high number of young professionals. Naturally, it's difficult to find the perfect piece of commercial real estate for your business because the best ones are usually snapped up in an instant. Most smart entrepreneurs generally turn to New York City commercial real estate brokers in such situations. However, how do you know you have the right broker? Here are some tips:- 1. Ensure the broker is knowledgeable about the property he is dealing in. Ask him detailed, pointed questions. If he fumbles, gives generalized answers or appears to be evasive, he either does not know much about the very property he is selling, or is hiding something. Either way, he cannot be trusted. 2. In New York City, commercial real estate brokers sometimes employ a team of people. In this situation you need to talk to as many members of the team as possible. Understands their responsibilities and what they will individually do for you. This will also give you a good idea of how they work as a team. 3. See if they are willing to give weight to what you want. Good brokerage firms will listen to your requirements patiently and then give their suggestions. Brokers who try to hard sell their properties should be avoided. Another way to figure out whether a broker listens to their customer or not is to ask them if they do customer surveys. 4. There are some firms which specialize in dealing in commercial real estate. It goes without saying that you should go for the specialists because they will have more experience as well as more options for you to choose from. 5. Finally, don't be afraid to engage the services of another agent if the first one constantly fails to deliver on his promises. A fresh start can often result in unexpected benefits.
When engaging the services of a New York City commercial real estate agent, it is important to be very careful. Commercial real estate can be expensive, and a lot is riding on it, not least the success of your business. So take a deep breath, scan the market carefully and only then should you make your final choice.
