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Ba Israel Uncategorized What is Tenant Representation?

What is Tenant Representation?

July 13, 2023July 13, 2023| adminadmin| 0 Comment | 12:00 am
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A young couple consulting with a professional representative.

Tenant representation is often discussed in renting apartments and other residential properties, but whether the space you lease is to live in or run a business out of, it’s important to understand what representation for tenants is and how it works in both commercial and residential spheres. There are many benefits to having representation when negotiating with landlords, whether you are their tenant or shopping for space to lease. Read on to learn what tenant representation is and how it can help you navigate the real estate market.

 

What is Tenant Representation?

Tenant representation is having a real estate professional who works exclusively for tenants, which is distinct from real estate brokers who represent both tenants and landlords. Essentially, having a tenant representation broker is exactly what it sounds like it is: being represented by an expert in leases, real estate, and negotiating with landlords to further your interests and protect you from poor deals. 

The crutch of this question, what people mean when they ask it, is what a tenant representative does.

 

What is a Tenant Rep?

Sometimes referred to as tenant advisory, a tenant rep broker assists their clients through the leasing process, analyzing a space for your needs, and helping you determine whether you should take a space, leave it, or remain there. A tenant rep is distinct from a real estate agent or broker as a landlord’s agent represents only their interests, though may help you during a deal, they are beholden to their client. Tenant representatives do the same, but for tenants only. 

Earlier it was mentioned that it’s important to understand representation for tenants in the residential sphere, but if you’re looking for apartments or help in dealing with a landlord as a tenant in a home then a tenant representative isn’t the option for you. Representation for tenant experts focuses on commercial spaces, and while an apartment building is a commercial, they don’t usually assist in such things as helping people find an apartment. 

 

What Does Tenant Representation Services Consist Of?

When you hire a professional to be your representative, you’re being provided with market knowledge, someone to assist in negotiations, and a guide in dealing with potential landlords. Some of the services they provide include:

  • Getting landlords to return calls by virtue of their authoritative profession and the likelihood of having worked with that landlord before
  • Having access to office space and real estate not yet listed. Due to their connections in commercial real estate, they often get a heads-up from leasing brokers and landlords, get inside access from their industry connections, and have the most comprehensive listing databases. 
  • Your representative can help you determine if the space you’re interested in or that is available might not be the best option for you.
  • Provide assistance through the negotiating process. They can help you prioritize features that are essential to negotiate strategically, help explain elements of the contract to you and weigh in on whether you should accept or reject a deal with a landlord when an impasse is reached. 

 

Is Tenant Representation Good for Commercial Real Estate?

Landlords have an enormous advantage with real estate strategy and negotiating when you don’t have a representative. Even if you have a broker, there is usually a conflict of interest as they represent both the landlord and the tenant. That is probably the biggest advantage of hiring a tenant representative, being free of that conflict and knowing that the professional you’re listening to works only for you and your interests. 

Here at Goodale & Barbieri, we provide tenant representation to help our clients secure the right commercial space for their business. As one of the largest developers, property managers, and a leading real estate firm, we understand what to look for with tenants and the nuances of negotiating a lease, as well as the market. Since 1937 we’ve handled properties of all sorts and currently over 4 million square feet of commercial property. Discover more about working with experienced experts by following the link below.

 

To learn more about this topic, please check out G&B

 

Related Post

Types of Continuing Professional EducationTypes of Continuing Professional Education

March 17, 2023March 17, 2023| adminadmin| 0 Comment| 12:00 am

Most of us have likely heard that education never stops, and in the professional world, that is absolutely true if you want to advance in your career. Continuing professional education can keep you in touch with the latest trends in your industry, better compete for jobs, and refresh or hone your skills. In many fields, continuing professional education (CPE) can be required as many programs will award certifications for having passed the training or course. 

What is Continuing Professional Education?

Continuing professional education, or CPE, is a general term for what is learned after a program, course, or training is completed. An example of CPE is a professional taking courses to keep or earn a license or certification. Many fields, such as medical and accounting, require those with a license to practice their specialties to take annual courses to keep their skills current. Other people may choose to take professional education programs or participate in conferences to gain new skill sets for a promotion or higher salary. Some CPA courses are offered by colleges and universities while others may be given through group internet-based CPA training programs or in-person CPA programs.

Types of CPE

There are dozens upon dozens of types of continuing professional development courses out there, too many to mention in fact, but there are two primary types of continuing professional education courses:

  • Professional licensing

  • General development/learning

General development programs are the type of programs that don’t help or offer a professional credential. They will help develop new skills or refresh current ones and can help boost your profession. For example, a graphic designer taking a course to learn the latest programs and tools available that can enhance their resume and make them a more desirable hire. 

Professional licensing courses are as they sound. These CPE programs offer development as well as certifications that prove you have taken them and know the necessary skills to maintain your license or possess it in the first place. 

Benefits of Professional Education Programs

There is a wide range of benefits that come with professional education continuing. While the specific advantages depend on what the continuing education program is and why you’re signing up for it, there are three core benefits to taking CPE courses:

  • Career Advancement: Continuing education for professionals can make your resume stand out from the competition when job hunting or seeking a promotion. Having training and courses listed, along with the certifications given, demonstrates a serious attitude towards your career and helps you accumulate more advanced skills which are both attractive to employers.

  • New Skills: While we’ve been discussing CPE in terms of career advancement and finding jobs, not all courses are about that. There are many areas of study that can be fulfilling for their own sake while potentially contributing to career advancement, like learning a new language or learning accounting to better balance the home budget. 

  • Keeps You Sharp: It’s easy to become intellectually lazy and rest on what you already know that has gotten you to where you are, the problem is that learning becomes an area of necessity rather than an investment in yourself. Taking courses or CPE development training keeps your mind active and challenged, bringing a confidence boost while bettering your skillset. Continuing education, whether for work or pleasure, is a nice reminder that there is more to know and that you’re able to know it. 

Certificates for CPE Professionals

Whether you’re interested in a CPE program or looking for easier ways to recognize your students, granting acknowledgment and certifications should be as difficult as the training itself. We at SimpleCert put giving awards and certifications on easy street by streamlining the process from signing up to delivery. Our certificate management program can be paired with a wide range of data collection platforms from MailChimp to Google Forms and offers easy-to-use design features to make your certificate as unique as your program. 

Discover the simple way to grant certifications to your professionals with SimpleCert certificate maker.

 

To learn more, check out Continuing Professional Education

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What Is VoIP & How Does It Work?What Is VoIP & How Does It Work?

May 1, 2023May 1, 2023| adminadmin| 0 Comment| 12:00 am

Many businesses wanting to upgrade their interoffice communications and better their business phone system look into VoIP phone systems to see if it’s a better fit for their needs. To help business owners decide if VoIP is what they’re looking for we will cover how VoIP works, what it is, and some of the advantages of having business VoIP phones for your company. 

What are VoIP and VoIP Phone Systems

VoIP stands for “Voice Over Internet Protocol” and is a phone technology that allows for calls to use the internet instead of the traditional phone system lines. With traditional phones in the office that’s all you get, one phone per desk with, maybe, some additional lines per phone. With VoIP phone systems you’re able to take calls on a tablet, smartphone or app, laptops, and VoIP phone systems. 

It’s a cost-effective option considering that if your office has a VoIP phone service then you no longer need to use a telephone company and most providers offer unlimited minutes. They also come with a range of features such as caller tones, auto-attendants, multiple phone numbers, call routing, and call waiting. For these features and the savings a business has, it’s becoming the new standard of communications regarding business phones. 

How Do VoIP Phones Work?

On the tech end, VoIP phones work by having a VoIP adapter take the analog audio signal and change it into a digital one. From there, the digital voice data is sent to your business phone service provider via the internet and routed to the other end of the call. It’s a nearly instant process that gives VoIP phones a better sound quality than traditional phones. 

Beyond using the internet instead of phone lines, VoIP works differently for several reasons. One difference is the lack of a circuit switching method to connect calls while VoIP uses the packet switching method. This way of connecting calls means that only data is sent and isn’t required to go both ways while using different paths through the internet making the connection more efficient. The data is also compressed to allow for more quick sending, which is why the delay is never noticed. 

As an example of VoIP calls, think of Skype.

The Benefits of Using VoIP

Beyond the two advantages listed before, VoIP phones being cheaper and faster, there is a wide range of benefits that your company can stand to be helped by:

Portability
One perk of using VoIP to make calls is that you’re no longer tethered to the premises or desk to make business calls. Wherever you are using the app, tablet, or laptop you’re able to access the business line and connect. This is a great advantage if working remotely or traveling for the company.

Scalable and Flexible
With traditional business phones, whenever you hire more people or are opening a new office you have to get more phones with wires. With VoIP phones, you can simply add new team members via an account dashboard as well as just have people install the right app on their personal phones. These days, smartphones can be split into two profiles so as to not mix personal use with business. 

Advanced Features
As mentioned earlier, there are a host of features to use for VoIP calls including:

  • Conference calls

  • Virtual receptionist

  • Hold music

  • Call waiting

  • Autodialer

  • Voicemail to email or text

  • Video conferencing 

There are many other features you can use with your VoIP company phones depending on the provider and is cheaper than traditional telephone service providers because they often have recurring charges for add-ons.

Explore VoIP with F2F Telecommunications

We at F2F Telecommunications do more than give small to medium-range businesses the VoIP phone service they need to compete without a technological handicap, we make sure they have all the data equipment too. Working with the company that is empowering Cincinnati businesses with unified communications means having your business phone systems complete and ready to go without being bogged down in updates and digital management.

Explore why F2F Telecommunications leads in providing VoIP phone systems to businesses below.

To learn more, check out F2F
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Maximize Your Motorhome’s Value: Insider Strategies from Sell My Motorhome ExpertsMaximize Your Motorhome’s Value: Insider Strategies from Sell My Motorhome Experts

September 1, 2024September 1, 2024| Jo CruseJo Cruse| 0 Comment| 12:00 am

Thinking about selling your cherished motorhome? Whether you’re eyeing an upgrade or simply ready for a change, Sell My Motorhome, the UK’s premier motorhome sales specialist, offers invaluable guidance to help you navigate the selling process and optimize your returns.

  • Strategic Timing: The motorhome market fluctuates seasonally, with spring and early summer often seeing peak demand. However, Sell My Motorhome experts emphasize that serious buyers are active year-round. Their market insights can help you pinpoint the ideal time to list your vehicle.
  • Pre-Sale Preparation: First impressions are crucial. Sell My Motorhome recommends a thorough cleaning, addressing minor issues, and considering professional servicing. Their experts can advise on cost-effective enhancements that significantly boost your motorhome’s appeal and value.
  • Essential Documentation: Gather all relevant paperwork, including V5C, MOT certificates, and service history. Sell My Motorhome can guide you on which documents are vital for a seamless transaction, demonstrating your responsible ownership to potential buyers.
  • Competitive Pricing: Accurate pricing is key. Sell My Motorhome’s expert valuation service provides market-based estimates, ensuring you don’t overprice and deter buyers or underprice and lose potential profit.
  • Crafting an Attractive Listing: Create a compelling, honest listing with high-quality photos. Sell My Motorhome can help craft a professional, attention-grabbing advertisement that highlights your vehicle’s best features and recent upgrades.
  • Choosing the Right Platform: While online marketplaces are common, they come with risks. Sell My Motorhome offers a hassle-free alternative, managing everything from marketing to negotiations and paperwork.
  • Viewing Preparation: Be ready to showcase your motorhome’s history and features. Sell My Motorhome can manage viewings on your behalf, saving you time and stress while ensuring professional presentation.
  • Skilled Negotiation: Know your bottom line and avoid pressure to accept lowball offers. Sell My Motorhome’s experienced team can handle negotiations, ensuring you receive the best possible price.
  • Secure Transactions: Once a price is agreed, ensure all paperwork is in order. Sell My Motorhome offers secure payment handling, providing peace of mind throughout the sale process.
  • Post-Sale Steps: Remember to inform the DVLA and cancel your insurance. Sell My Motorhome guides you through these final steps, ensuring a smooth conclusion to your sale.

Selling your motorhome doesn’t have to be overwhelming. With expert preparation and support from Sell My Motorhome, you can achieve a quick and profitable sale. Their comprehensive Services make them the ideal partner for your motorhome selling journey. Contact Sell My Motorhome today to discover how they can help you unlock the best value for your beloved vehicle.

For more information, visit www.sellmymotorhome.com and take the first step towards a successful and rewarding motorhome sale.

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