The lease is expiring soon on your current office space, and you are not certain if all of your workplace needs are being served in your location. Perhaps you've started to look at alternative workspaces, but are a little unsure that you're identifying the ideal options for your business. It's a common problem for businesses and organizations across Winnipeg.
Tenant representatives are impartial brokers who work with you as you search for new office space. They are professionals who offer reliable, unbiased information on leases and availability, giving you a fresh perspective on your needs and options. There are many benefits to working with a tenant representative to help the alleviate stress and uncertainty in your search for an ideal workspace.
Perhaps the greatest asset tenant representatives can offer is their extensive access to market information. These professionals are able to analyze your needs and prevent you from leasing too much space.
Brokers also have an understanding of how specific criteria, like location, amenities and office layout, could impact your business. Will relocating disrupt your employees' commute? Are there additional onsite amenities, such as a fitness center or cafeteria? Is there adequate parking? A tenant representative will effectively evaluate whether it's in your best interests to renew your lease or relocate to another building.
Brokers get you
Because tenant representatives are not working for a landlord, their loyalty is to you, the tenant. They have a keen grasp of your needs and will work hard to meet them—their success relies heavily on personal referrals, like yours. A tenant broker will stay up-to-date on factors that influence a choice to renew versus searching for a new location, such as availability and infrastructure.
Brokers also work to examine all available properties in your area to help you make an informed decision on whether or not the space will suit your needs. In addition, brokers will take on much of the paperwork and other tedious details of your lease negotiation, making the process more efficient and less time-consuming.
Brokers understand landlords
Not only do tenant representatives understand your needs, but they also know the way landlords work. They combine their knowledge of the market and landlords, using it to represent your business in the best way possible. Brokers' knowledge can also be useful in negotiations—if a landlord is fluent in clauses and lease jargon, a broker can easily identify items that are truly negotiable in a contract and alert you to components that are not.
Before you renew your current lease or begin searching for a new space, consider leveraging the benefits of a tenant representative. The skillset these professionals possess can be an invaluable asset for you and your organization.