Leasing/Purchase Process
Regent Property Group provides commercial agency and brokerage services to tenants interested in leasing, purchasing, or selling commercial space. That means that we will work with you to locate space, negotiate a lease, purchase or sale contract and help facilitate the consummation of the transaction. We also work with our clients to expand and relocate their business and renew their existing lease.
br>Commercial Leasing & Purchase Process
1) Tenant Evaluationa) Define needs, goals and objectives
i) Timing
ii) Motivations
iii) Search Parameters
2) Financial Preparations
a) Compile financial statements to determine credit status
b) Guidance relating to credit status
3) Market Analysis
a) Provide market overview
4) Space Search
a) Provide list of qualified spaces
b) Guidance on selecting spaces to tour
c) Scheduling and coordination of space tours
d) Conduct Showings
5) Comparison Analysis
a) Provide comparative analysis of selected spaces
b) Assist in decision process
6) Request for Proposal
a) Prepare a letter requesting a proposal from the Landlord of selected spaces
b) Compile Landlord proposals
7) Negotiations
a) Prepare counteroffer response
b) Recommend contractors if tenant improvement estimates needed
c) Negotiate terms and conditions on behalf of Tenant
8) Contract
a) Review contract to confirm terms consistent with agreed upon proposal
b) Attorney recommendations for legal review of contract
c) Coordinate contract execution
d) Deposit money coordination
9) Post Contract Execution
a) Referrals
b) Advise and negotiate resolution to post contract execution issues such as tenant finish and contract commencement problems
c) Remind about deadlines
10) Contract Renewal
a) Redefine needs, goals and objectives
b) Consider all space options in market
c) Negotiate with multiple Landlords
d) Renew old contract or negotiate a new one
Need an Austin Real Estate Broker? Contact Brian Talley direct: 512-554-9714