When would I want to find space on my own?

The best circumstance to find a space without retaining the services of a tenant rep broker is when you are looking for a small space and/or short-term lease. Generally speaking, since the total lease consideration is small, the commission that will be paid is even smaller. It is hard to find a good broker that is willing to work for a small commission. Remember, it takes the broker just as much time to help you lease 5,000 square feet for five years as it does to lease 1,000 square feet for three years. In addition, the listing agent will usually work harder to lease a small space if the commission does not have to be split.

Posted in: Leasing Commercial Real Estate

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