Here’s a real estate spin in the spirit of April Fool’s Day! We hope this is helpful to you.
Have you ever found yourself being fooled into something? We are here to help! Without further ado, here are the 6 “don’t get fooled by” tips as they relate to commercial real estate from the KimbleCo team:
Julie Kimble says…
Don't get fooled into thinking you can negotiate a lease agreement on your own! A lease is a binding legal contract that impacts your company. If you are not in the real estate industry it is an entirely new vocabulary. Be careful—you may not know what you don't know!
Don't get fooled into thinking you don't need to do complete due diligence when buying a property. Current and accurate information—survey, title and environmental review—is a critical and prudent way to manage risk.
Ericka Miller says…
Don't get fooled by thinking it's always best to stay where you are. While relocating can seem somewhat daunting, at least knowing what your options are and either moving or leveraging that in lease negotiations for renewal can be incredibly powerful.
Don't be fooled by thinking only large commercial real estate firms can help you. Our experience shows that it’s the trusted relationship and experience of the team that matters most.
Kate Damato says…
Don't get fooled by the rent or sales price quoted in marketing material. There other terms in the contracts that can affect the base rent or sales price to make a deal a win-win situation. Start the conversation!
Don't get fooled by following a template. Every business has different needs and motivations. Commercial real estate often requires creativity and forward thinking to be successful.
What have been the roadblocks that have “fooled” you? We are here to help—reach out if we can assist. Happy April Fool’s Day!