Why Tenant Representation is Important
See also: Tenant Rights and Choosing a Tenant Representative
Reasons for competent tenant representation:
1. Expertise
You need current market knowledge and objective advice that
only an active commercial real estate professional provides. Miller Industrial Properties has been working
with firms in Reno and Northern Nevada since 1977.
2. Market Knowledge
You will see all properties that meet your requirements,
whether on the market now or soon to become available.
We know the market, including tenants that want to
sublet due to down-sizing or need for larger space.
3. No Cost To You
We are paid from sharing in the fee the landlord or developer
pays to their broker.
4. We Work Solely For You
As your exclusive agent, our goal is to represent your interests
only and to get you the best value. Remember -- the landlords'
employee works solely for their employers' interests; not
yours.
5. Lease Negotiation
We negotiate deals very frequently with all of the local
reno and Northern Nevada developers. Please note our client list. We know what to ask for
in terms of rates, terms, options, concessions, etc., and
what the landlords have given to others. This is the primary
reason landlords hope that you deal directly with them!
6. We Do The Leg Work
Miller Industrial Properties will preview potential spaces, get questions
answered, accumulate information and set up an efficient
tour of the available spaces. We can also address other
issues like environmental questions, licensing and permitting,
incorporating, financing, and all items related to setting
up your business.
7. More Is Better, Except With Real
Estate Brokers
If you contact several brokerage firms about your requirements,
each will be contacting the same developers on your behalf,
creating the impression among landlords that there are several
potential new companies in the market for space. In reality
it may be only one company -- yours. You are now competing
with yourself, resulting in inflated prices. Pick the best commercial real estate
firm and go with them.
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