Available
Properties:
Did you know
that a real estate agent showing you a space or selling
you a  building is always representing the
landlord or building owner? Unless
you have a signed agreement stating otherwise.
This is why, if you are looking to purchase
a building or looking to lease space, you should hire
someone that specializes in real estate consulting and
tenant representation for those in the hunt for real
estate for their own use. Bart Binning and
Prudential Alliance Realty provides the specialized
services needed to eliminating guesswork and ensuring
decisions that you, or client, make can be relied upon
with confidence.
In the United States, it is typical for the
commission in broker assisted real estate transactions to
be built into the purchase price or rental
structure. Therefore, when you hire a real estate
agent to assist you in procuring property, there is no
direct cost to you for using our
services.
What
is Tenant Representation?
Tenant Representation for commercial real estate
is similar to "Buyer Representation" in
residential real estate. With Tenant Representation, the
agent represents the buyer or lessee and does not have a
interest in the property being shown, and may show
several different properties that meet the needs of the
client.
When you consider an expansion, a relocation, a
site for future use, a built-to-suit, an investment, or a
purchase or a lease - it is important to your bottom line
that you have an 'advocate' ensure that every phase of
the transaction is handled to your advantage. As your
advocate, I am dedicated to obtaining the optimum space
for your current and future needs. We will obtain that
space or site at the best economic terms and contractual
flexibility available in a sales/lease agreement.
Purpose
of Tenant Representation.
Drawing
on the experience and expertise of the commercial real
estate broker to:
- Organize the needs of the client.
- Present these needs to the market being
considered.
- Make a thorough evaluation and negotiate
the most favorable terms for the benefit of the
user.
Components
of Representation:
Planning - It is important to have a real
grasp of why or how much new space or locations are
needed as well as the cost expectations to be experienced
in the market. Business and technology trends need to be
incorporated into a facility, as well as the
understanding of requirements for future growth needs.
Strategy - By laying out the strategy and
fundamental steps to be followed that best serves the
needs of the client, we establish the foundation for a
good relationship, the responsibilities of the parties,
as well as the ultimate goal and the necessity to work
together as a team.
Defining the Need - Whether to purchase
or lease can be a difficult decision. It is often
confusing, very time consuming, lacks economic certainty,
and is often not under taken in a methodical rational
approach. By defining the needs, long and short term, one
can establish a favorable economic and operational impact
on the clients long term goals. The experienced Broker
can help define those needs for the firm or individual
with its extensive knowledge of the market place.
Implementation - A needs analysis, from
physical surroundings, amenities, space and site
utilization to financial considerations will be reviewed.
The preparation of proposals will be sent to select
properties, followed by a thorough analysis, and
comparison. When selections are made, final negotiations
of a purchase or lease are submitted for client approval.
 I
would like to help you with your real estate
needs.
If you have trouble
seeing the forest for the trees, give me a call.
If you would like
information on the real estate process, click on any of
the links in the column to the left.
If you would like to
review market conditions, click on the Latest News
link below to read quarterly newsletters published on the
Oklahoma City real estate market.
Property for lease:
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