ComReal Industrial Real Estate Podcast
Business:Investing
Thanks for following us! This is Episode 11 of our Industrial Real Estate Podcast. We are discussing the top 5 questions to ask when hiring a new leasing broker, or a broker for a sale of an industrial building. You can read our article on our Blog page under our website: www.warehousesmarket.com/Blog
Here are the questions to keep in mind.
Do your research online, check for what they've done and current listings. Ask list of deals. Also references you can rely on. Be sure they don't have conflict of interest by having competing properties.
Check how long the firm has been in business. Ask about lease rates, sale comparables. Plus what target tenants or buyers they'll target.
Do they do all real estate, commercial or only industrial? Your property requires attention so be sure the agent specializes on your property. In many markets, including Miami, residential agents tend to list commercial properties. This can create delays and mis-pricing of properties as these agents are not experienced on commercial real estate.
As to show you a map of all marketing outlets they’ll use.
Do they have a networks of service providers? Including management company, contractors.
Featured Property: 405 E 10th Ct: +/- 40,000SF. For lease in Hialeah. Only $8/SF Industrial gross.
Industrial Tip: When selecting a broker to do the leasing and/or sales, consider choosing a team, rather than individuals. This will ensure your property is well serviced and exposed.
Thanks for watching and for your following us. Please Subscribe and/or leave your questions or comments. Stayed tuned for more episodes.
You can find us on Social Media at:
Instagram: @edisonindustrial
Twitter: @edisoncre
Linkedin: Edison Vasquez PA.
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