Ever feel like you're boxing in the dark when you're trying to figure out the real costs of the office space you rent?Because different types of real estate charge differently for space, it can be a challenge!Generally, retail or industrial buildings charge a base rent plus taxes, maintenance, and utilities. ... Read More
Tag: Broker
07
Jan2015
It is interesting when one takes a group of people out on tour to see their reactions. Some people go simply on about how the space looks the minute they see it. Others are very analytical, and need lots of data. No matter what, your agent needs to run ... Read More
January 7, 2015Lynn Drake
10
Sep2014
When I first opened my business, it felt like we had a revolving door of people. We interviewed people who seemed perfect for the position, and perfect for the company, only to find out, weeks later, that we had made a mistake.Over the years, I’ve tweaked my hiring formula ... Read More
September 10, 2014Lynn Drake
20
Aug2014
I love commercial real estate. Every day is a different day. Every customer has different needs. Whether we reduce their rent or find them that perfect space, our work is always very, very rewarding. We learn about all kinds of businesses. My favorite experiences are the ones where ... Read More
August 20, 2014Lynn Drake
11
Oct2012
As a tenant representative this is my advice for landlords and agents representing them:If you don’t treat your tenant’s right I’m not going to warn my tenants about you before showing them your buildings. As a tenant representative I hear from your tenants why they don’t like the building. If ... Read More
October 11, 2012Lynn Drake
13
Sep2012
As a tenant representative this is my advice for landlords and agents representing them:Don’t over promise improvements when showing the space. My clients will remember what you told us and think the landlord doesn’t want them when you can’t deliver. Under sell and over deliver is always better.
It does matter ... Read More
September 13, 2012Lynn Drake
10
Apr2012
Just because your lease contract says seven years doesn’t mean you can’t negotiate sooner. In fact, it may be in your best interests to do so. If you have two years left on your lease, think about a “blend and extend” option.What this means is starting with a fresh lease ... Read More
April 10, 2012Lynn Drake
20
Mar2012
The hours you spend pacing the floor, waiting for a family member’s first child to be born; the minutes you spend waiting for your computer to boot up; and the seconds you wait for a text message; each of these intervals remind you of that inescapable truth - timing is ... Read More
March 20, 2012Lynn Drake
13
Feb2012
Harvey MacKay, author of the seminal business book, “Swim with the Sharks without Being Eaten Alive” (prequel to the reality show, Shark Tank) suggested that entrepreneurs focus their energies on drumming up business and managing staff. He recommends leaving the jobs you know little about to professionals who know a ... Read More
February 13, 2012Lynn Drake