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A LITTLE EXTRA HELP
FROM EXPERTS IN THE BIZ

10 QUESTIONS TO ASK YOUR NEXT BROKER

We know real estate isn't your main focus at work and, when it comes to hiring a broker, we know it can be exhausting. Sometimes our worst enemy can be that we don't know the right questions to ask when hiring a trusted advisor for our business. Commercial real estate is our business, so let us make it easy for you. The following is a list of questions that we would ask if McCall & Almy was looking to hire a commercial real estate broker to negotiate a lease on our behalf. Feel free to use when looking to interview potential real estate advisors.

How do you distinguish your company from others, and how would that distinction benefit us?

If I hire you, what should I expect from the real estate process?

What specific experience do you have that would be beneficial to me?

What services does your firm provide in addition to brokerage transactions?

Can you handle our real estate needs in other cities and countries?

What is the difference between a leasing broker and a tenant representative broker?

Do you (or your firm) represent both landlords and tenants in the market? If so, which landlords and which buildings?

How are commercial real estate professionals paid for their services? How are you compensated, and what are the compensation practices of your office?

Is the biggest source of your firm's brokerage revenue from landlord or tenant representation?

What's a deal that you see as similar to ours that you are most proud of?

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How do you distinguish your company from others, and how would that distinction benefit us?

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If I hire you, what should I expect from the real estate process?

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What specific experience do you have that would be beneficial to me?

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What services does your firm provide in addition to brokerage transactions?

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Can you handle our real estate needs in other cities and countries?

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What is the difference between a leasing broker and a tenant representative broker?

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Do you (or your firm) represent both landlords and tenants in the market? If so, which landlords and which buildings?

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How are commercial real estate professionals paid for their services? How are you compensated, and what are the compensation practices of your office?

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Is the biggest source of your firm's brokerage revenue from landlord or tenant representation?

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What's a deal that you see as similar to ours that you are most proud of?