Key Questions to Ask An Industrial Real Estate Broker in Denver
Finding a reliable industrial real estate brokerage service in Denver is important in ensuring a successful property search and negotiating a profitable deal. Often, many business owners take the wrong approach by trying to find an industrial space independently. Due to the complexity of the industrial market, it is advisable to work with a professional in the industry. Therefore, if you are seeking representation with an industrial real estate agent, here are some critical questions to ask:
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What geographic locations do you serve?
As an industrial real estate buyer, you need a broker who has in-depth knowledge of the markets where you plan to invest. In addition, specializing in a geographical area indicates the broker has good relationships with property owners and other brokers in that area. This will help you strike a profitable deal.
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How experienced are you as a broker?
When considering the work experience of the brokerage firm, the best practice is to focus on the number of deals they successfully completed rather than the years they have been in business.
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Can you provide a reference from other clients you have worked with?
If an industrial real estate agent’s references and testimonials from previous clients are not readily available, or if they are unwilling to provide this information, you should consider this as a red flag.
TAG Industrial is a leading industrial real estate brokerage firm in Denver. Their firm specializes in the acquisition and disposition of multi-tenant and single-tenant properties across the U.S. In addition, TAG Industrial’s experienced agents create innovative advisory solutions and support clients in fulfilling their long-term investment goals.
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[…] Investing in real estate in this market can still make you money. With prices well below the cost to replace the building it has shifted to a buy & hold strategy rather than the fast flipping of previous years. But there are some fantastic bargains available now from their peak prices of 2006. […]