How to Chose The Best Professional Real Estate Agent in Kolkata?

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How to find a commercial office space for rent in Sector-V, Salt Lake City, Kolkata?

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How to find a Residential House for Sale in Salt Lake City, Kolkata?

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7 Questions to Ask Your Commercial Property Broker

7 Questions You Should Ask to Your Commercial Property Broker

7 Essential questions you must ask to your commercial Broker

7 Questions to Ask Your Commercial Property Broker

February 19, 2021

7 Essential questions you must ask to your commercial Broker

7 Essential questions you must ask to your commercial Estate Agent. These 7 Questions that would be Asked to Your Commercial Property Broker will Help to choose a Reputed Real Estate Broker.

1. What are the locations, cities or specific neighbourhoods you dealing?

Clients need a Commercial Real Estate advisor with in-depth knowledge of the specific markets they are dealing in. When deciding between multiple places, narrow down the choices to those that best fit your organization’s specific requirements. Select a broker with first-hand knowledge and experience of those locations you desire.

2. What is the current market scenario in terms of rate, demand and supply?

This question is alternative way of asking if the markets are likely to be moving up or down in the near future. Of course, such information is critical for a tenant as it ultimately determines if lease terms are more favourable for the tenant or landlord comparative to current market conditions.

3. What is your experience as a real estate broker?

Just like an investment advisor or doctor, a client should never hesitate to ask a broker about their knowledge in the field, including for a request of previous clients, industries they served, office sizes and anything else believed important. Also, when talking work experience, it’s generally a best practice to emphasis on a broker’s number of finalized deals rather than years of experience. It's almost always preferred to have a broker consistently active in the market rather than one semi-active for a longer amount of time.

4. Can you share some of your success stories?

Ask the commercial real estate agent to share precise examples of hurdles they have helped their clients to overcome.

5. Do you specialize in specific types of office space?

Many brokers have achieved specialized expertise with particular commercial property type like office space, retail space, warehouses, industrial space etc. If you have specific demand that would help from such a specialization, seek out a broker with the type of expertise that would add the most value for you.

6. Have you ever deal with a client like mine before?

No two companies are made identical and the specific requirements of your company won’t be like any other company out there. However, finding a real estate broker who can draw on their past involvement will give you awareness into your incomparable requirement.