Your Trusted Houston Commercial Real Estate Brokerage
Viking Enterprise LLC is part of eXp Commercial, an agent-led, cloud-based commercial real estate brokerage with agents across the globe.
Email: [email protected]
Call: (281) 222-0433
Your Trusted Katy & Houston Commercial Real Estate Brokerage
Viking Enterprise LLC is part of eXp Commercial, an agent-led, cloud-based commercial real estate brokerage with agents across the globe.
Looking to invest, buy, sell or lease? We can help.
Looking to invest, buy, sell or lease? We can help.
FEATURED PROPERTIES
OUR FEATURED TENANTS & CLIENTS
eXp Commercial - Viking Enterprise Team's real estate network provides unparalleled commercial real estate services to Tenants and Landlords around the Katy- Houston area. Our knowledge, experience, and reputation sets us apart from many firms.
A commercial property owner might have various plans that would necessitate the services of a commercial real estate broker. Some of the common scenarios include:
1. Selling the Property: If the owner decides it’s time to sell the property, a commercial real estate broker can help determine the market value, market the property effectively, and negotiate with potential buyers to get the best possible price.
2. Leasing Space: For property owners looking to lease out part or all of their commercial space, a broker can help find suitable tenants, negotiate lease terms, and ensure the lease agreements meet all legal requirements and serve the owner’s best interests.
3. Acquiring More Properties: Owners looking to expand their portfolio would benefit from a broker's knowledge of the market, access to listings, and negotiation skills to secure additional properties at favorable terms.
4. Property Management: While not all brokers offer this service, some commercial real estate brokers or their affiliates offer property management services. This can be particularly appealing for owners who prefer a hands-off approach or are managing properties from a distance.
5. Market Analysis: Owners considering future developments, renovations, or rebranding of their property might engage a broker for a comprehensive market analysis. This helps in understanding current market trends, the demand for different types of spaces, and potential returns on investment for various strategies.
6. Refinancing: In situations where a property owner is looking to refinance their property, a commercial real estate broker can provide valuable insights into the property’s current market value, assist in gathering necessary documentation, and even help in finding the best financing options.
7. Partnership or Investment Opportunities: Owners interested in exploring partnerships, joint ventures, or seeking investors for expansion or development projects might use a broker to find and vet potential partners or investors.
8. Consulting on Zoning and Use Changes: When contemplating a change in the use of the property or dealing with zoning issues, a broker with experience in local regulations and the specific property type can provide guidance and strategic planning assistance.
9. Exit Strategy Planning: For owners looking to plan an exit strategy from their investment, whether it’s through a strategic sale or a gradual winding down of operations, brokers can provide market insights, timing advice, and valuation services to optimize the exit process.
In any of these scenarios, the expertise and services provided by a commercial real estate broker can save the property owner time and money, while also providing access to a wider network of potential buyers, tenants, and industry professionals. Give us a call today!
eXp Commercial - Viking Enterprise team real estate network provides unparalleled commercial real estate services to Tenants and Landlords around the greater Katy & Houston MSA area. Our knowledge, experience, and reputation sets us apart from many firms.
A commercial property owner might have various plans that would necessitate the services of a commercial real estate broker. Some of the common scenarios include:
1. Selling the Property: If the owner decides it’s time to sell the property, a commercial real estate broker can help determine the market value, market the property effectively, and negotiate with potential buyers to get the best possible price.
2. Leasing Space: For property owners looking to lease out part or all of their commercial space, a broker can help find suitable tenants, negotiate lease terms, and ensure the lease agreements meet all legal requirements and serve the owner’s best interests.
3. Acquiring More Properties: Owners looking to expand their portfolio would benefit from a broker's knowledge of the market, access to listings, and negotiation skills to secure additional properties at favorable terms.
4. Property Management: While not all brokers offer this service, some commercial real estate brokers or their affiliates offer property management services. This can be particularly appealing for owners who prefer a hands-off approach or are managing properties from a distance.
5. Market Analysis: Owners considering future developments, renovations, or rebranding of their property might engage a broker for a comprehensive market analysis. This helps in understanding current market trends, the demand for different types of spaces, and potential returns on investment for various strategies.
6. Refinancing: In situations where a property owner is looking to refinance their property, a commercial real estate broker can provide valuable insights into the property’s current market value, assist in gathering necessary documentation, and even help in finding the best financing options.
7. Partnership or Investment Opportunities: Owners interested in exploring partnerships, joint ventures, or seeking investors for expansion or development projects might use a broker to find and vet potential partners or investors.
8. Consulting on Zoning and Use Changes: When contemplating a change in the use of the property or dealing with zoning issues, a broker with experience in local regulations and the specific property type can provide guidance and strategic planning assistance.
9. Exit Strategy Planning: For owners looking to plan an exit strategy from their investment, whether it’s through a strategic sale or a gradual winding down of operations, brokers can provide market insights, timing advice, and valuation services to optimize the exit process.
In any of these scenarios, the expertise and services provided by a commercial real estate broker can save the property owner time and money, while also providing access to a wider network of potential buyers, tenants, and industry professionals. Give us a call today!
Find the perfect location for your business.
Let us help your business succeed.
Why Having a Commercial Tenant Representative Is Crucial!
Why Having a Commercial Tenant Representative Is Crucial!
Are you a startup looking for your first office space? Or perhaps an established business expanding into new markets? Regardless of where you stand in your business journey, one thing is for sure: your decisions regarding commercial real estate can have a significant impact on your bottom line.
The Familiar Faces
When it comes to commercial real estate, it's not uncommon to turn to familiar faces for guidance. Whether it's your kid's little league coach, college roommate, neighbor, or relative, these connections might seem like the natural choice for navigating the leasing journey. However, as the saying goes, familiarity doesn't always breed the best results.
The Dual Agency Dilemma
Did you know that over 90% of commercial real estate brokers represent both landlords and tenants? While this might seem convenient, it often leads to what is known as the "dual agency dilemma." When brokers serve both parties, it can blur the lines of fiduciary responsibility, potentially creating conflicts of interest. As a result, tenants may find themselves at a disadvantage, unaware that their broker's loyalty is divided.
Renewal vs. Relocation: Leveraging Negotiating Power
Picture this scenario: you're up for lease renewal, only to discover that new tenants are securing better terms. This situation underscores the pitfalls of dual agency. Landlords and their brokers are well aware that most tenants opt for renewal, leaving them with little negotiating leverage. However, a tenant representative approaches your renewal as if it were a relocation, exploring alternative options to restore your negotiation power.
Beware of the Scarcity Wolf
In the world of commercial real estate, landlord brokers may try to create a sense of urgency by claiming that their available spaces are in high demand, even in markets with vacancies. Tenant representatives, on the other hand, focus on finding the best value and exploring multiple alternatives without pressuring you into disadvantageous deals.
The Tenant Representative Advantage
So, what sets a tenant representative apart? Here are a few key advantages:
1. Conflict-Free Advocacy: Tenant representatives serve as unwavering advocates, with a fiduciary duty to represent your needs despite being compensated by the landlord.
2. Negotiation Prowess: When it's time to negotiate, tenant reps possess in-depth knowledge of the market, key players, and lease intricacies. They act solely in your best interest, ensuring you get the most favorable terms.
3. Market Insights: Tenant representatives are like walking AI apps for the local market. They know which buildings hide hidden gems, which properties are well or poorly managed, emerging submarkets, and where the best deals can be found. Their insights empower you to make informed decisions.
Conclusion
Before relying on familiar faces in the world of commercial real estate, consider the power of exclusivity. A tenant representative is more than just a broker; they're your strategic ally in navigating real estate decisions. In an industry where every decision counts, having someone exclusively in your corner can make all the difference.
Should you need an experienced Commercial Real Estate Broker & Mortgage Broker, please feel free to contact me at 281-222-0433.
https://www.houstonrealestatebrokerage.com/
https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6
http://expressoffers.com/[email protected]
https://www.tenantbase.com/advisors/bill-rapp/
https://buildout.com/plugins/3e7ef61d54725c99fd76ca1f4ae24a348c56a0d4/brokers/[email protected]
© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial LLC
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