AN EFFECTIVE BROKER WILL ASSIST YOU THE BUSINESS OWNER IN:
Identifying the right location.
Providing you with the location's true market value which will allow you to negotiate the best possible lease terms.
NEVER A FEE TO THE BUSINESS OWNER
Typically, a Broker gets paid a negotiated percentage of the total rent the Tenant agrees to pay the landlord through the initial term of their lease.
Example- If a Tenant signs a 5-year lease at $1,000 per month. The Broker would get paid a negotiated percentage of $60,000 which represents the total rent to be paid over the 5-year term.
Having a Broker who knows actual market value and the type and amount of concessions a Landlord is likely to accept is vital to negotiating your best possible lease deal.
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