Renting an apartment or a commercial property is a serious decision.
The factors that require consideration are price, size, location, amenities, besides long-term commitment.
The contracts must always be designed based on the above criteria for great real estate benefit and true service to people.
STATE YOUR REAL ESTATE TERMS UPFRONT
Tenants approach real estate dealers after doing enough research on internet and in newspapers, magazines etc. So make sure your client, if you are the real estate broker, is clear on the terms OR if you are renting out your own property, consult a lawyer for understanding terms and conditions which are standard in the real estate industry for both residential and commercial property leasing et al.
GO FOR LONG-TERM REAL ESTATE DEALS
Whether your client is looking to start a new business or is looking for an accommodation for their family is important. However, more important is whether they are people who would stand by what they commit. Not only should they be willing to sign long-term contracts by fulfilling all legal procedures, but they should also be negotiate the best pricing that creates a win-win situation for both parties.
SELLING OR LEASING, BE CLEAR
Affordability tops the list of criteria for people to select a place to lease or to buy. So when you do advertise in real estate magazines or portals or any other social media, make sure you are clear about what you really want. If you are considering both options, either selling or renting, make sure your contracts reflect the correct set of terms and conditions accordingly.
Selling a commercial property or a house or villa depends completely on the owner and the real estate brokers they hire.
A careful analysis and research before starting anything new is highly recommended.
Want to sell or lease your commercial property or House? Get in touch with us for a free assessment.
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