When you need a good advisor, this is where our experience and expertise come into the picture! Find a good commercial real estate agent who knows the local market, including unlisted properties. An agent is critical in negotiations with vendors and we take pride in being advocates for our clients. If you’re in Knoxville or the surrounding area, we’d love to talk to you about your commercial real estate needs.
Next, you’ll want to ask your agent to research market values for the kind of space and location you want. Make sure those values align with your budget to ensure that your expectations are realistic and you’re properly informed to talk to vendors.
Often a company’s needs do not go hand in hand with its budget. You may have to pay more than you’re expecting to get what you need. However, knowing how much your budget can stretch is important to keep your business from overreaching.
A good lawyer can also be beneficial in negotiating a purchase. We recommend going with a lawyer that deals with commercial real estate transactions on a daily basis. If you’re working with us, we have several we’d be happy to recommend.