Landlord Representation 101: Everything You Need to Know!
Imagine you own a beautiful property in Atlanta. It has all the luxury features and you assume you’ll hit a home run when you put it up in the market for lease or sale. But you don’t know how to get the best deal out of it. What to do know?
You probably need the help of a seasoned landlord representative who can help you achieve your goal. A professional landlord representative like Terra Alma can help you lease or sell your property for top dollar.
We will maximize the value of your property by creating persuasive, result-backed leasing or purchasing plans, making sure you get the maximum return on investment (ROI).
What Exactly a Landlord Representative Does?
A professional landlord representative works with property owners (like you) to create effective strategies to increase the value of your real estate. They’ll market your commercial real estate asset to the right audience in the industry and understand the specific requirements of your property. So that you can attract the right audience while making your investment stronger. They also:
Negotiate tenant allowances. This includes working with the tenant and making a win-win plan for both parties to improve the property.
Manage lease agreements. A landlord representative is responsible for managing all the details of a contract or agreement by keeping your success in mind.
Security deposits and concessions. We’ll also preserve your best interests and make sure everything exceeds your expectations.
How a Landlord Representative Can Benefit Me?
When you thought about this question, you might have asked “Why is this service necessary?”. At Terra Alma, we don’t just negotiate and handle deals on your behalf – we also help you focus on other responsibilities as a property owner. Let’s be more specific about the value we can provide:
· Increase Opportunities
When you choose to work with us, we are responsible for crowding your space with tenants and increasing it regularly. This will develop a leasing strategy to appeal to your ideal clients. We’ll also ensure that the property is accessible and discoverable to make it successful.
· Create a Strategic Marketing Plan
This is where the actual work starts. We will study your property deeply, analyze nearby locations, and have an eye on market trends. To create a successful marketing plan, a landlord representative must also have geographical experience.
This way you can analyze your target clients in-depth and ensure your marketing plan aligns with their desires.
· Target the Best Potential Tenant
If you want to lease your property, you should never compromise on the quality of your tenant. We’ll help you find a tenant who wants to live there for a longer period to prevent empty spaces period. Our landlord representative will find thoroughly vetted and approved tenants, which will also help you build a positive relationship with them and feel confident about the rental agreement.
But How to Choose the Right Landlord Representative?
Hiring the right landlord representative may feel like a daunting task, especially if you don’t have enough knowledge. While handing over your valuable property in someone else’s hands, you should do a little research. A professional and experienced landlord representative should have:
Industry knowledge – not only for commercial real estate but also for your local area’s market conditions.
Reputable references so you can confirm their authenticity.
Exceptional negotiating skills to increase the chances of getting an ideal deal.
Relevant experience in your niche or companies similar to your size.
If you are from Atlanta or nearby, you are fortunate enough to have one capable of all these qualities. Yes, the Terra Alma is what you were looking for. Reach out to us now and let’s make your deal an “ideal deal”.
