Aug 10, 2015
A: Sophisticated tenants and buyers guarantee accountability by giving one broker the exclusive right to represent them. There are three basic reasons for doing this: An exclusive broker can be objective in advising the tenant or buyer, since compensation is not...
Aug 10, 2015
A: Leased Property The majority of the time brokers are paid in the form of a commission by the owner or landlord of the property. Office buildings have brokers hired by the landlord to lease vacant space. When a lease is signed, the landlord's broker is paid a...
Aug 10, 2015
A: Any broker is legally capable of assisting you in leasing space, but not all brokers have the same experience in representing tenant's in lease transactions. Experience as a "tenant rep" is extremely important in a lease transaction. Brokers who specialize in...