Tag: Tenant Rep

08

Aug2017
We talk a lot about the importance of an RFP (Request for Proposal), and written about the top mistakes that tenants make. One mistake we see frequently is that tenants don’t check the RFP against the final lease. A good agent will do this for you automatically. Many agents will affectionately tell ... Read More
August 8, 2017Lynn Drake

18

Apr2016
Many prospective tenants approach me with wish lists a mile long, itemizing everything they want in their business suite.  When I get down to their budget with them, I often learn they only want a one-year lease. You can’t expect the moon and the stars if you want a short-term ... Read More
April 18, 2016Lynn Drake

15

Feb2016
Recently, I got a call from a prospective tenant asking me for something I had never heard of before. After 30 years in the business, I thought I had heard it all! Together, we reviewed our process so she could identify what it was she needed.  Turns out this client ... Read More
February 15, 2016Lynn Drake

18

Jan2016
In many buildings, there are extras you might consider adding to your wish list, such as: Extra storage for free during a certain time of year Instead of free rent in your first year, you could take the free rent over the course of the lease during the months with the lowest ... Read More
January 18, 2016Lynn Drake

08

Nov2015

Quotes from our clients

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There’s really nothing better than hearing our clients are happy with the work we’ve done.  Below are some of the quotes we’ve heard from our wonderful clients! Littelfuse "I would like to thank Lynn and her staff at Compass Commercial for the time and energy spent to provide us with various leasing ... Read More
November 8, 2015Lynn Drake

17

Aug2015

The Relocation Clause

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Each year, I’m amazed at the new things I see happening with tenants. One of the largest buildings near us in Southfield, has taken the relocation clause to new heights. A tenant in the building worked diligently with their landlord to get their proposed office space just right. No sooner ... Read More
August 17, 2015Lynn Drake

06

Aug2014
I hate cold calling, and yet, it’s how I make most of my money. Experts will tell you cold calling is a waste of time, but I strongly disagree. Interestingly, when we call someone to offer our services, the biggest pushback we get is, “I’ll do it myself.” Are YOU ... Read More
August 6, 2014Lynn Drake

01

Jul2014
As a brokerage firm, we have been disappointed with some of the attorneys reviewing our client’s leases. Why would this be? An attorney is an attorney, right? So you’d think. But you’d be wrong. Wrong, wrong, wrong. Assuming all attorneys are alike is no different than asking your gynecologist to ... Read More
July 1, 2014Lynn Drake

07

May2014
Most people don’t really have any concept of the amount of time and effort it takes to line up a tour for prospective clients. Commercial real estate is quite different than residential—if only our work was as easy as residential, where all you have to do is call and get ... Read More
May 7, 2014Lynn Drake

19

Mar2014

Open Floor Plan, Anyone?

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There is much debate about the open floor plan. As you read recently, Compass Commercial moved offices last year, and as we began to search for space, I wanted one that would attract a younger generation of workers—which meant going with an open floor plan. Are you considering doing the ... Read More
March 19, 2014Lynn Drake