What To Look For In A Commercial Property Specialist

If you are considering working with a commercial property specialist, you should know that there are more than 200 companies to choose from in the Tampa area. So which one is the right one for you? You could, of course, begin by asking friends and business associates for referrals, but it is always helpful to have some basic guidelines to follow once you start your search. This blog will discuss what to look for in a commercial property specialist.

Size

The first thing you should consider is the size of the company. Some commercial real estate companies are enormous, while others are more boutique. Each has its own advantages and disadvantages. For example, a large company may have more resources at its disposal, but a smaller company may be more agile and able to provide more personal service.

Focus

Another important consideration is the company’s focus. Some commercial property specialists only work with certain types of properties, such as office buildings or retail space, while others have a more general focus. If you have a specific property type in mind, finding a specialist who focuses on that type of real estate may be helpful.

You might also want to see a portfolio of properties the company has managed or currently oversee. This will give you an idea of the type of properties they are familiar with and the types of deals they have closed.

Company Capabilities

Ask about the company’s capabilities. What type of services does the company offer? Can they help you with leasing, financing, or property management? Do they have a good understanding of the Tampa market? Make sure to choose a company that can provide the services you need.

Experience

Additionally, you should consider the experience of the team members. The average team member at a commercial real estate company has more than ten years of experience. However, you may want to ask about the team’s experience with properties like yours and their success rate in closing deals.

Personality

Finally, finding a team that you feel comfortable working with is crucial. After all, you will be spending a lot of time with them! Ask about their communication style and best hours of communication. How accessible or flexible are they with their time? What is their typical response time? You should also make sure that they understand your goals for the property and that they are committed to helping you achieve those goals.

Now that you know what to look for in a commercial property specialist, you can confidently begin your search. If you want help finding the right team for your needs, please get in touch with HSW Associates, Inc. Established in 1987, we have grown into a successful property investment and management group with over 160 properties (and growing!). Our goal is to renovate and maintain our properties, so our tenants have a quality and safe building to operate their business.

We would be more than happy to assist you with any of your commercial property needs. Reach out to us today.

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