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Hiring Commercial Real Estate Tenant Representation Is Great. How?

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  A tenant rep only considers the interests of corporate tenants when working on a commercial real estate transaction. They will share their market expertise, assist tenants with negotiations, and much more. A commercial real estate tenant representation facilitates the lease between a tenant and a landlord. A business might employ a rep to act as its representative during the entire lease procedure rather than going through the process on its own. You can get help from a rep for tenant representation with: Choosing to Relocate or Renewal Helping a tenant decide whether to renew their lease for their current location or start looking for a new place to move into after their lease expires is one of the main tasks a tenant representative performs for their clients. The basic idea is that tenant reps would typically suggest a renewal if the tenant is content with their space and could not realize a sizable save by moving elsewhere. We shall cover renewals in more detail later in this pos