For more than 20 years, Salem Advisory, LLC, a leading Midtown, NY commercial property for lease consulting firm, has been providing services to purchasers, lessees, investors, and borrowers throughout the New York County area. Our licensed, professional commercial leasing agents have managed significant transactions for well-regarded, high-profile clients, such as Minnesota Mining and Manufacturing (3M), American Express Bank, and International Business Machines (IBM). Our leasing consultants pride themselves on being client-focused and results-driven and are committed to providing personalized results and a rewarding experience. If you’re looking for a lease agent in Manhattan, NY, get in touch with one of the area’s premier commercial leasing companies: Salem Advisory, LLC.
Traits to Look for in a Credible Manhattan, NY Commercial Leasing Agent
Owning a commercial property in New York County can be a lucrative endeavor. Given the historically low rates, the high-income potential, and the tax incentives, you can stand to make a lot of money. In order to maximize your success, however, seeking the assistance of a professional commercial lease agent is definitely in your best interest.
A Midtown, NY commercial property for lease consultant is a real estate professional who manages all tenant-related aspects of a commercial property. Marketing vacancies, scheduling showings, submitting real estate leases, performing background checks, collecting fees, and managing property maintenance and common areas that a building may feature; these are just some of the services that a professional commercial leasing agent provides. By hiring a professional lease agent, you can increase the profitability of your commercial property and maximize your overall success.
If you want to ensure that you’ll be able to take advantage of all the benefits a professional New York County commercial leasing agent offers, you want to be sure that you choose the most reputable professional. By conducting research and scheduling consultations with a few Midtown, NY real estate lease agents, you can be certain that you’ll find someone who will fit your particular needs. But what should you be looking for in an agent? The following are some key characteristics that a qualified and capable leasing consultant will display.
In the real estate industry, a good personality is an absolute must. Prospective tenants will be much more inclined to rent from an agent who is friendly, welcoming, and who makes them feel at ease. If your agent is gruff, off-putting, and just unfriendly, there’s a very high probability that would-be tenants will walk away from your Manhattan property and go with one of your competitors (even if your property is exactly what they’re looking for). With that said, make sure that when you are interviewing candidates that you pay attention to their personality. If they’re rude, snippy, stern, or just seem unhappy, consider that a red flag and cross them off your list. If you hire an unfriendly commercial leasing agent to represent your properties, the credibility of your entire business could suffer.
The Midtown, NY commercial property for lease consultant you choose needs to be highly knowledgeable. Commercial real estate is complex and an agent must have a firm understanding of what commercial properties can be used for, as well as local Manhattan, NY regulations. They have to know how to draw up and execute commercial property for leases. They must know how to effectively market your properties. They need to know how to conduct background and credit checks to qualify potential tenants, how to collect application fees and security deposits, and how to manage any common areas or community facilities that your buildings may feature. Furthermore, a reputable leasing agent should have an understanding of the needs of New York County business owners so they can direct them to a building that will suit their needs.
Ask the commercial leasing agents that you’re considering about their background and experience, and pay attention to the answers that they provide. A qualified agent won’t hesitate to answer your questions, and they’ll answer those questions in a clear and concise manner. If they are hesitant, their answers don’t appear to make sense, or if you’re more confused by the answers a leasing consultant provides, move on to the next one, as that could be a sign that they lack the necessary knowledge and/or aren’t confident in their abilities.
Confidence is another vital trait that a capable Midtown, NY commercial property for lease agent will display. The commercial real estate industry can be ruthless. There are many landlords in the Manhattan, NY area, and just like you, each one wants to make sure that their rental properties are occupied. In other words, competition can be fierce, and as such, you want to be sure that the commercial leasing agent you choose to represent your properties displays a high degree of confidence. They should be able to adjust their approach in order to meet the needs of individual prospective tenants, as well as the ever-changing landscape of the rental market. They should be willing to branch out, expand their marketing efforts, and push themselves outside of their comfort zone.
If any of the commercial leasing agents that you meet with seem meek, timid, nervous, and apprehensive, you probably shouldn’t move forward with them. You want to hire someone who is highly confident to represent your properties.
Schedule a Consultation with a Leading New York County Commercial Leasing Company
When you’re researching leasing consultants for your Manhattan, NY rental property, make sure you include Salem Advisory, LLC on your list of prospective commercial leasing companies to contact. With more than 20 years of experience, a flawless track record of success, and a team of licensed and highly qualified leasing agents, you can count on us to meet your needs and exceed your expectations. To arrange a consultation and find out how we can assist you, call 212-517-1077 or visit https://www.salemadvisory.com.