September 15, 2021
After your company decides to search for a commercial space, your first instinct may be to gather ideas from an online search. Why not? You search for everything else online! Hundreds of listings, throughout your ideal location, are at your fingertips on the web. Though this is true, be aware of the misinformation commonly found among online listings.
There are several hundred websites listing commercial real estate spaces. These websites may contain material about each location including descriptions, statistics, photos, prices, and floor plans of a particular location. However, very often online listings contain numerous inaccuracies. Though websites are a convenient way to view buildings, the information stated could be old and incorrect. For example, websites tend to do a poor job taking down old listings and commonly do not list accurate pricing information, lease structure, and can even Photoshop images!
Once you have found the “perfect” space online, you might decide to call the listing agent and set up an appointment to tour the space without a representative. Prospective tenants may then be severely disappointed upon arrival. The space may look nothing like the picture or much of the information online may be incorrect.
In order to control this possible disappointment, call a tenant broker. Tenant representatives can verify listings found online which is all the more important in today’s tight real estate market. They are also familiar with the commercial market and will likely be able to provide you more information than is posted. To speed up the process and gather the most accurate information quickly, call an experienced tenant broker who will help you locate a property efficiently while providing you with detailed information to help you make the best real estate decision.