Why A Tenant Broker is Essential

Office Space

4-compressorWhen your business or organization needs new office space in Manhattan, it can be tough to know where or how to get started. Where do you look? Who do you trust? How can you be sure you’re getting a good deal? It’s common knowledge that a Listing or Landlord’s Agent is someone who shows a potential Tenant some office space, but it’s also true that the Listing or Landlord’s agent has a fiduciary obligation to his/her client, not you. This dynamic is best demonstrated when a Landlord’s Agent represents one or more buildings for an Owner(s) or you search online. You cannot expect him/her to protect your interests, since he/she is obligated to get the BEST terms for the Landlord.

Manhattan Office Space® means that you’re getting assistance from a company who only represents commercial Tenants, not landlords or owners. Experienced Tenant Brokers will walk you through every step of the way to help you find the perfect new office space for your business at the best price and lease terms. Why?Office Space

A TRUE Tenant Broker is virtually the only means your company has to save time and money when searching for office space, eliminating the stress that comes with calling and negotiating with an unruly number of landlords whose primary goal is to MAKE THE MOST MONEY. A Tenant Broker has the legal obligation to provide clients with an accurate list of the most updated listings in the client’s area of choice. In addition, he/she should endeavor to obtain all the Tenant’s requirements, including budget, term, tax year calculation, Tenant Improvements (at the expense of the Landlord), etc. and provide you with a manageable selection upon which to make offers (it’s always best to submit multiple offers and let the Landlord’s Agent know, rather than just one). Finally, a Tenant Broker will collaborate with you to create professional-looking offers that elevate your company above “the herd” of potential Tenants. Here are more reasons to use a Tenant Broker:

Office Space1. A Tenant Broker gets paid out of an already existing fee that goes to the Listing Agent (which is then shared). So using a Tenant Broker to obtain office space costs you nothing.

2. When you fill out the Space Form on Manhattan Office Space® website, you’ll receive a comprehensive list of all spaces that fit your specific criteria within two hours. Landlord Agents are financially incentivized to show you their listed properties, which deeply limits your options, while a true Tenant Broker has the ability to show you a much larger variety and the most up to date listings which means farway more options.

With spaces coming on and off the market every day, wading through your options and actually finding an office space for your business in New York City is like going to court without a lawyer; if you don’t have representation, it’s not a question of if, it’s how you’ll be taken advantage of. Using a Tenant Broker to find a new office space for your organization could be the smartest business move your company makes this year. It will save you time and money without sacrificing the quality and expectations you have for your new office space. Don’t settle for anything less than the best for your new office space in New York City.

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