Successfully navigating the complexities of commercial real estate can be daunting. It’s always a smart business move to consult a commercial real estate broker instead of going forward on your own. A commercial real estate broker is the representative for sellers and buyers or landlords and tenants in commercial property transactions. They provide consultative guidance to their clients that either sell, lease, and/or purchase commercial real estate. Without an experienced broker working on your behalf, it can be difficult to avoid the common pitfalls of leasing or buying property.
Finding the broker that has your best interests in mind is essential to selecting the right property as well as saving a significant amount of time and money. Here are a few things you should look for:
Established & Successful in the Atlanta Metro Area
Real estate markets vary from city-to-city. Selecting a broker with experience and proven success working in the Atlanta area is crucial to ensuring you’re receiving the best representation you can get.
To a seller, it can be tempting to work with a broker who is less experienced as they may offer a lower commission percentage, but we strongly advise against it. When it comes to commercial real estate, it’s best to go with someone who has a demonstrated history of success. In this industry, experience really matters.
When interviewing a broker, don’t be shy; ask how long a broker has worked in commercial real estate, how many transactions they have closed as the ‘broker of record’ and what kind of experience they have working with clients similar to you.
Expertise in Commercial Real Estate
Ensuring your broker specializes in commercial real estate is paramount to securing the best deals. Anyone with a real estate license can handle transactions, but that doesn’t necessarily mean you’ll want them handling your deal. Although some brokers, usually in smaller, less sophisticated markets, work on both residential and commercial properties, you’ll want to ensure your broker has plenty of experience handling large-scale commercial transactions before settling on a contractual relationship.
Understanding Tax and Zoning Laws
Many people avoid investing in commercial real estate because of the complexities of the rules and regulations that surround the taxation and purchasing of commercial properties. A commercial real estate broker should have an in-depth understanding of how certain tax and zoning codes impact the real estate and can successfully navigate them on your behalf.
Your Commercial Real Estate Brokers
EpiCity’s seasoned team of senior real estate professionals provides our partners with a one-of-a-kind “home field” advantage in the Atlanta Metro Area, with over 86 years of experience. Generations of experience in the Southeast have taught us how to anticipate advantageous positions. We offer expertise in all areas of real estate investment and management based on first-hand knowledge of market conditions. Each and every one of our clients are considered “partners” because our relationships are about more than assets. As a partner, you’re part of our family. We take a personal interest in you and your investment, knowing we’ve only reached our goals when you’ve reached yours.
Give us a call or shoot us an email, and we can get started on finding the best commercial real estate for you and your business.