Tenant Representation

1. Initial Consultation and Needs Assessment

• Understanding the tenant’s specific requirements, including:
  • Budget.
  • Preferred location.
  • Property type (residential, commercial, or industrial).
  • Desired lease terms and special conditions.
• Discussing business or personal goals to align property selection with long-term plans.

2. Market Research and Property Search

• Conducting a market analysis to identify available properties that match the tenant’s needs.
• Providing access to off-market and exclusive listings.
• Identifying areas with favorable lease terms and market conditions.
• Preparing a shortlist of properties for review.

3. Property Tours and Evaluations

• Organizing property viewings and providing detailed walkthroughs.
• Evaluating each property’s suitability, including:
  • Accessibility.
  • Amenities and features.
  • Compliance with zoning laws or business needs (for commercial clients).

4. Financial Analysis and Budget Planning

• Comparing rental rates and negotiating to secure competitive pricing.
• Analyzing total occupancy costs, including rent, utilities, and maintenance fees.
• Advising on financial incentives like rent abatements or improvement allowances.

5. Lease Negotiation and Review

• Negotiating favorable lease terms, such as:

  • Rent amount and escalation clauses.
  • Lease duration and renewal options.
  • Tenant improvement allowances.
  • Exclusivity clauses (for commercial tenants).

• Reviewing lease agreements to ensure compliance with local laws and tenant protections.

• Clarifying and addressing any ambiguous or unfavorable clauses.

6. Coordination of Due Diligence

• Facilitating property inspections to assess condition and compliance.
• Coordinating with legal and financial advisors to finalize the lease agreement.
• Ensuring permits, licenses, or zoning approvals are in place (for businesses).

7. Move-In Support

• Assisting with the logistics of moving into the property, including:
  • Coordination with utility providers.
  • Recommendations for movers or contractors.
  • Ensuring property is delivered in agreed condition.

8. Ongoing Tenant Support

• Offering advice during lease term changes or renewals.
• Assisting with dispute resolution or landlord communication.
• Providing market updates for potential future relocations or expansions.

9. Specialized Services (for Commercial Tenants)

• Site Selection: Evaluating locations based on customer demographics, foot traffic, and competitor analysis.
• Build-Out Assistance: Coordinating with architects and contractors for space customization.
• Relocation Assistance: Managing the transition process, including sublease or lease termination of current property.