Tons. Brokers tend to know more about motivations of landlords, standard deal terms, or what creative term you could negotiate.
Brokers also look out for details in the lease that are not favorable, vs a lawyer who tends to focus on the legal side and not business side. Brokers research availabilities then short list them for you unless you like to do that all yourselves. Brokers also tend to already have relationships with the other broker, landlord, or other parties involved so you can understand more the issues at hand. This includes seeking opportunities that aren't even listed yet. I've copied my two brokers for them to chime in or for anyone to ask them questions. I've worked with them for 5 years and they intimately know what Coworking space operators need. Jerome www.BLANKSPACES.com > On Jul 30, 2014, at 2:23 PM, Alex Hillman <dangerouslyawes...@gmail.com> > wrote: > > What value do you guys get from working with rental brokers? That's never > made sense to me. > > -Alex > > > > -- > > /ah > indyhall.org > coworking in philadelphia > > >> On Wed, Jul 30, 2014 at 5:18 PM, Jerome Chang <jer...@blankspaces.com> wrote: >> Lease negotiation for me is the worst part of setting up a Coworking space. >> Hang in there. My first lease was the only one in under 6 months although >> renewing it later took 18 months. I use a broker, a lawyer, a therapist... >> :-P >> >> >> Jerome >> www.BLANKSPACES.com >> >>> On Jul 30, 2014, at 2:11 PM, Susan Dorsch <su...@officenomads.com> wrote: >>> >>> I'd echo Alex on this one for sure. When we were first getting started with >>> Office Nomads, we had been in negotiations with a landlord who seemed eager >>> to work with us at first, but the more we learned the more we realized they >>> wanted to control everything about how we were using the space (asking us >>> to ensure there was no one on site after 8pm was my favorite one...um, no). >>> Walking away turned out to be the best decision we could have made! >>> >>> Sounds like you did your homework, caught the changes, and walked away when >>> you should have. Nicely done! Knowing when to say no is one of the most >>> important elements of any project. >>> >>> Best of luck finding a landlord who is willing to work with you - I promise >>> they're out there! >>> >>> Susan >>> >>> __ >>> Office Nomads >>> officenomads.com >>> 206-323-6500(o) >>> 206-484-5859(m) >>> >>> >>>> On Wed, Jul 30, 2014 at 2:02 PM, Alex Hillman >>>> <dangerouslyawes...@gmail.com> wrote: >>>> A lot of landlords are, well, crazy. The fact that you've been going back >>>> and forth for 6 months is is a pretty big red flag to me that this >>>> relationship wasn't going to work long term. You don't even want to think >>>> about the gnarliness that would create down the road for you and your >>>> community. >>>> >>>> Consider this a blessing in disguise. Having a landlord who understands >>>> you, and who you trust, is WAY more important than getting the lease >>>> right. >>>> >>>> >>>> >>>> -- >>>> >>>> /ah >>>> indyhall.org >>>> coworking in philadelphia >>>> >>>> >>>>> On Wed, Jul 30, 2014 at 4:44 PM, Angela Samuels >>>>> <visionarymeeti...@gmail.com> wrote: >>>>> Last Friday, I was supposed to sign a lease for my future coworking >>>>> space. I have been working with this owner for 6 months to get the lease >>>>> right. I even hired a lawyer to take a look at it and make sure it wasn't >>>>> favoring the landlord. I come to the lease signing and I still had a >>>>> question about the last item that we changed which was the (personal) >>>>> guaranty. The real estate said oh we changed it back to the original >>>>> terms (initial term guaranty). I ask him did he email us, he said no. >>>>> With the suggestion of my real estate agent, I took the weekend to think >>>>> about it and talk to my lawyer. My lawyer said before hand that he >>>>> wouldn't accept the terms that is why he recommended we change it. >>>>> >>>>> Now I have to try to find another place, but it was really disturbing and >>>>> discouraging someone would do that. What if we didn't ask the questions, >>>>> would he allowed me to signed it and not know the changes were there? He >>>>> came back wanting to bargain but I don't trust him and wouldn't dare want >>>>> to work with him. It's crazy but maybe it was meant to be, maybe there is >>>>> a better place and this is why it happened. Anyway, would love to hear >>>>> your stories. >>>>> >>>>> Thanks, >>>>> >>>>> Angela >>>>> -- >>>>> Visit this forum on the web at http://discuss.coworking.com >>>>> --- >>>>> You received this message because you are subscribed to the Google Groups >>>>> "Coworking" group. >>>>> To unsubscribe from this group and stop receiving emails from it, send an >>>>> email to coworking+unsubscr...@googlegroups.com. >>>>> For more options, visit https://groups.google.com/d/optout. >>>> >>>> -- >>>> Visit this forum on the web at http://discuss.coworking.com >>>> --- >>>> You received this message because you are subscribed to the Google Groups >>>> "Coworking" group. >>>> To unsubscribe from this group and stop receiving emails from it, send an >>>> email to coworking+unsubscr...@googlegroups.com. >>>> For more options, visit https://groups.google.com/d/optout. >>> >>> -- >>> Visit this forum on the web at http://discuss.coworking.com >>> --- >>> You received this message because you are subscribed to the Google Groups >>> "Coworking" group. >>> To unsubscribe from this group and stop receiving emails from it, send an >>> email to coworking+unsubscr...@googlegroups.com. >>> For more options, visit https://groups.google.com/d/optout. >> >> -- >> Visit this forum on the web at http://discuss.coworking.com >> --- >> You received this message because you are subscribed to the Google Groups >> "Coworking" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to coworking+unsubscr...@googlegroups.com. >> For more options, visit https://groups.google.com/d/optout. > > -- > Visit this forum on the web at http://discuss.coworking.com > --- > You received this message because you are subscribed to the Google Groups > "Coworking" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to coworking+unsubscr...@googlegroups.com. > For more options, visit https://groups.google.com/d/optout. -- Visit this forum on the web at http://discuss.coworking.com --- You received this message because you are subscribed to the Google Groups "Coworking" group. To unsubscribe from this group and stop receiving emails from it, send an email to coworking+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout.
