The role of commercial real estate brokers in property investment is often overlooked and underutilised across New Zealand. To secure a high-level property portfolio, their expertise is non-negotiable, with professional insight into the property market to ensure that you get the most for your money.
With that in mind, here is exactly what property brokers in commercial property investment can do for you.
Most commonly, a commercial property broker represents your interests when it comes to property acquisition – meaning they can find properties of value for you to purchase.
Handling acquisitions requires a thorough conversation, or several, between property broker and investor. You need to be transparent with your desires and expectations; what type of commercial property would you like to purchase, and will you budget for extensive renovations? Do you want your commercial property to have accessible parking, or good visibility from the roadside?
Using this knowledge, commercial property brokers can identify a wide array of on and off-market properties to bolster your commercial portfolio.
Property brokerage isn’t always about buying. Sometimes, it’s about selling properties you already have, and would like to make a profit on. In this sense, commercial real estate brokers can also orchestrate dispositions in property investment.
Here, property brokers in the commercial industry conduct an impressive amount of work in sifting through offers, marketing your asset to developers, other property owners or professionals, and ultimately maximising every aspect of the transaction to benefit the original investor.
Leasing and Management
When it comes to commercial leasing and property management, property brokers also perform an important role.
To alleviate the burden on the commercial investor, they can find tenants for vacant properties, negotiate favourable terms of a lease – like arranging a profitable rental rate, or securing a stable tenancy – and oversee the maintenance and upkeep of a commercial space.
As property brokers for commercial clients across New Zealand, we at NZ Commercial Property Brokers Ltd handle the complexities of property investment on your behalf. Our commercial clients benefit from our years of expertise, our advanced portfolio, and our ability to get the job done.