At last count there were several
dozen websites where you can find listings for
office space online where you can find office space for lease, rent or sale. Virtually all of them
are national or international in scope. In other words, they
do not have a local focus or local understanding of the
market. There are local commercial real estate companies
that post office space listings on their own websites, but those listings are just the ones that they have; not all
of the office space listings available in the market in which you are
searching for an office. Unlike residential real estate
there are very few multiple listing services (MLS) when it
comes to commercial properties and office space online.
Top 9 Tips for the Do-It-Yourselfer
Do you really want to spend
hours searching the Internet for Office Space Listings? If you do, scroll down to the bottom
of the page and we will provide you our Top 9 Tips for the
Do-It-Yourselfer. You could get lucky and find just the right
space for your business on one of the the first sites you
explore. It does
happen. What then? You will contact the listing agent to set
up a walk through. If you like it, you may decide to make an
Do you know your office market and
what the deal terms should be?
It is more than just the rental rate,
lots more. You will need to spend more time researching what
lease terms and rental you should be agreeing to accept. An
attorney can help with many, but not the market related
ones, only the legal terminology.
The listing agent only
represents the landlord, no matter what they say.
are not your ally.
If you found a listing you like,
there is already a commission built into it. If you do not
bring your own broker into the deal, the listing agents
keeps the entire commission. If you get a representative,
they will split it. Why wouldn't you get help from a local
professional when it does not cost you anything?
Engage the services of local
tenant representative. Its free!
You have nothing to lose
We do provide you a lot of
information on our site to allow you to do it yourself, but
you are much better off engaging the services of a tenant
representative. Here is what they can do for you:
Save you time in searching for
office space listings. They have proprietary up-to-date
databases on available office space that they have
either developed themselves over years or pay thousands
of dollars a month to be able to access reliable
This is there day-to-day
business. They have both the knowledge and expertise to
make sure you negotiate the best deal possible and avoid
costly mistakes. As a tenant, you
lease office space only a few times in your business
life, while landlords do it over and over again.
Shouldn't you level the playing field?
Take advantage of the
ability to get personal assistance in your market
from a knowledgeable and experienced commercial
real estate office tenant representation expert
engaging an OfficeFinder professional. There
is no cost to you for their services.
Why Commercial Real Estate Listing Web Sites Provide
Poor Customer Service
Top 9 Tips for the Do-It-Yourselfer
If you are still determined to do it
yourself, to find office space online, here are a few tips that will help you on your
When searching use Google and be
as accurate as you can on what you are looking to find.
e.g. downtown Seattle office
space for lease.
Use the organic results. The
paid results are almost always executive suites
(unless that is what you want).
Craigslist is typically good
for small requirements only.
Loopnet is the largest
commercial listing site, but there are fees required
for full access.
Check the copyright of the
website you find to make sure it is current. One the big
problems with listing sites is out of date information.
When you find a listing you want
more information on, call the listing agent.
If you fill out a form, it is
to track the lead and sends an email for the agent
to follow up. You will have only a 50/50 chance of
hearing from them. If you do hear from them it will
typically be the next day or two. Roughly 50% of
those inquiries are never answered and most listing
sites do not have a backup agent to help you.
You will find many office space
listing websites that are fishing for leads and won't
put you in contact with the listing agent.
Instead you will be contacted
by the agent that is paying them instead. Once again the 50/50 contact rule applies.
If there is no phone number,
chances are good that is what they are doing.
When you are contacted, make
sure to ask about the agents role.
Once you have decided on an
office space you like, gather as much market information
as you can to determine what a good rental rate is for
Check local commercial real
estate websites for market information article or
reports. You can get a general idea of what you
should be paying.
If you are in a major market,
the national commercial real estate brokerages will
have market studies you can access.
Comparing the property you
are interested in with the right class of building.
It could seem like you are getting a great deal on
your class B building if you are comparing it to the
class A reports.
Make sure you can get all the
services you need at the property. In particular, check
that your communications and Internet services will work
Ask for a request for proposal
from the listing agent or landlord that will include
your full package of improvements and incentives. Let
them set the starting point from which to negotiate.
Have an attorney review your
lease agreement before signing it. It will be money well
Other resources you can use are
located on the left sidebar above.
If you have changed your mind and
would rather have local personal assistance from an
experienced professional, we'd be happy to help.