Negotiating Clifton Park Office Space Rent With A Landlord

1. Negotiating Clifton Park Office Space Rent With A Landlord When searching for the perfect Clifton Park office space for rent for your business, it is best to do comparison shopping before deciding. This way, you get an idea of available commercial spaces based on their location, size, amenities, accessibility and others factors for your consideration. After determining what your business needs in a Clifton Park commercial property for rent, you can then start negotiating with the landowners for the lowest possible monthly due they can give you. Contrary to popular belief, rates can be negotiated by tenants, sometimes, even if it's already in the middle of the contract. Keep in mind that there is no contract with an owner unless a tenant agrees to it. All you have to do is get to know the whole picture and be familiar with terms and rates of nearby spaces available before negotiating. Remember, landlords are more likely to open negotiations with existing tenants than to entertain new occupants. One of the best tools that a tenant can have is information and knowledge about the market and terms of the contract that he or she signs. Find out the lowest possible leasing rate in your area and use it as leverage when negotiating and save it as back-up unit should your landlord fail to give the rate you are asking. Once the landlord sees that you are not serious about moving out, he or she will not be obligated to give you the best deal in the area.

2. As much as possible, never talk directly to the landlord when negotiating for a commercial space and instead ask the help of commercial real estate agents or brokers to do the talking for you. Not only will it make negotiations easier for you, being "represented" also makes your business appear valuable. This also allows you to have good relationship with your landlord. After rough negotiations and settling on an agreement, as business owner, you will continue to deal with the landlord from time to time and should the landlord develop negative feelings toward the agent, you will be spared of the discomfort. Document everything that has been settled and agreed upon and discuss any clarifications before signing the document. This way, any miscommunication or misunderstanding will be avoided in the future and save you significant time and effort. Putting up a business is giant leap and requires a lot of patience and money. Invest in the right properties and never settle on half-cooked deals.