Whether you’re looking to rent a commercial property for your business or you’re a landlord who is trying to rent out a commercial space, if you’re looking for a leasing consultant, contact one of New York County’s most trusted commercial leasing companies: Salem Advisory, LLC. For more than 20 years, our team of licensed, professional commercial leasing agents have been servicing the lessees, investors, and borrowers of Manhattan, NY. We have a notable list of significant transactions under our belts, have represented numerous high-profile clients, such as IBM, American Express Bank, and 3M, and were awarded the National Association of Investment Companies (NAIC) Deal of the Year Award two years in a row. When you have a lease agent from Salem Advisory, LLC assist you with your West Side, NY commercial property for lease, you can have confidence knowing that you will receive impeccable results.
Why New York County Landlords Should Hire a Lease Agent
As a landlord, your goal is to generate as much income as possible, and in order to do that, you need to find and keep tenants in your properties. However, finding renters can be a struggle. While you could attempt to manage the rental of your commercial properties yourself – advertising vacancies and arranging showings with prospective renters, for example – it can be challenging and overwhelming. Fortunately, there’s a way that you can simplify the process of renting out your income properties. How? By working with a commercial lease agent.
West Side, NY commercial property for lease agents help landlords locate tenants for their rental properties. An agent can market properties, screen prospective tenants, manage showings, and prepare and execute real estate lease documents in accordance with the standards and regulations of the property. They can also coordinate any property maintenance that may be needed, and supervise any facilities and common areas that a property may feature. In other words, a lease agent acts as a landlord’s representative and simplifies the process of renting out and managing commercial properties.
Whether you own a single commercial property or several, here’s a look at some very good reasons why you should have a lease agent assist you Manhattan rental properties.
Given all of the services these professionals provide, a West Side, NY commercial property for lease agent can save you a tremendous amount of time. Trying to manage all of the elements that are associated with managing a rental property – advertising vacancies, meeting with prospective tenants and taking them on tours, preparing and executing real estate lease documents that are compliant with property standards and New York County regulations, screening applicants, coordinating property maintenance, making tenants aware of any changes to their rental agreements, and managing any community facilities that your property may offer (just to name a few things) – demands a lot of dedication and time. If you own a large commercial property, such as an industrial building or a retail center, or you own several multifamily buildings, for example, managing your rental properties can require more time than there are hours in the day. To free up your schedule, hiring a lease agent to manage your rentals is definitely worth your while.
Increase Income Potential
While you will have to pay your commercial lease agent a fee, in the long run, the money you spend on their services is a worthwhile investment. While the rate varies, generally, you have to pay a commission for every unit a leasing agent rents out. However, given the fact that a leasing agent will diligently work to keep your rentals full – especially if you hire a reputable West Side NY commercial property for lease agent – you’ll bring in more money than you’ll spend on their fees. After all, you won’t make any money if your properties are empty, and the longer they’re uninhabited, the more money you’ll lose. If you want to increase your income potential, hiring a lease agent is certainly a worthwhile investment.
Unfortunately, there are a lot of dishonest landlords and leasing consultants in New York County that advertise subpar rental properties, and a lot of Manhattan renters are well aware of who these untrustworthy individuals are. By hiring a reputable lease agent that has a proven track record of success, and who is honest and reliable, prospective renters will see your brand as being highly credible. Not only will they be more inclined to rent one of your properties, but they may also spread the word about your brand and recommend your rentals to other lessees. Increased brand recognition will boost your success.
Peace of Mind
Lastly, when you hire a professional West Side, NY commercial property for lease agent, you’ll have a lot more peace of mind. Increased profitability, improved brand recognition, and the time that an agent can help you save; all of these factors combined are sure to offer you peace of mind. With the support of an agent from a reputable commercial leasing company, you’ll have confidence knowing that you’ll have greater success overall with your rental properties.
Looking for a Reliable New York County Leasing Consultant?
In order to take full advantage of the benefits that an agent can provide, get in touch with one of New York County’s most trusted commercial leasing companies: Salem Advisory, LLC. With the assistance of our licensed, professional West Side, NY commercial property for lease agents, you’ll be able to maximize your success. For more information or to schedule a consultation, call 212-517-1077 or visit https://www.salemadvisory.com today!