Thursday, March 27, 2008

Who is a Lease Agent

A leasing agent, or commercial leasing agent, works for the landlords to find tenants. A leasing agent earns a commission for finding tenants who are in their philadelphia apartment search and usually handles all aspects of leases. Excellent negotiating skills and the ability to recognize a qualified tenant are crucial characteristics of a good leasing agent.

Landlords expect the leasing agent to rent their properties to responsible commercial tenants for a fair price. Landlords require a fair return on investment (ROI), while tenants require a fair rent and the right location for their business. The leasing agent is hired to serve the landlord, so the tenants must take responsibility for ensuring that the location and terms of the lease meet all of their requirements.

A prospective commercial tenant should ask the leasing agent what the total rent is for utilities as well as if there are any other fees. The prospective tenant should consider details such as air conditioning, noise level, zoning regulations, and availability of parking. Room for company growth should be considered to be sure the space would be large enough so the company will not be forced to move again too soon.

The leasing agent for apartment austin must find out as much information from the prospective tenants as possible to ensure a good fit for the landlord's property. Both the leasing agent and the prospective tenant should be sure and informed about the leasing decision. Neither party should be made to feel rushed nor the lease is not legally binding unless both the tenant and the landlord sign it.

The leasing agent usually has a meeting with the prospective tenants to communicate the terms of the property lease such as the amount of rent and any regulations. When, and if, an agreement is reached, the leasing agent sends a copy of the lease to the prospective tenants requesting a signature so that the landlord can then sign the lease agreement.

Many leasing agents receive a salary plus commission, but this may depend on whether the position is temporary, part-time, casual, or on a contract basis as opposed to full time. The commission earned by a leasing agent is usually based on a percentage of the monthly rent the new tenant will pay.

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