For many business owners, negotiating a good lease or lease renewal against an experienced agent or landlord can be a challenge. While an entrepreneur thinks of marketing, managing and even accounting, savvy real estate agents and brokers are specialized sales people. Their job is to sell tenants on leasing their location at the highest possible rental rate.
Tenants may go through the leasing process once or twice in their entire lifetime – yet they have to negotiate against seasoned professionals who negotiate leases every day for a living.
Whether you are negotiating a lease renewal or leasing a new location for the first time for your business, these are some tips for tenants: