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The Commercial Broker – Do You Have One?

16 Mar

When looking to buy or sell a home, one of the first things most people do is engage their own Real Estate Agent (or “Broker” depending on the vernacular of your location).

Many medium to large size corporations will have entire groups dedicated to the acquisition, and management of their retail locations.

And the small business owner? In many cases the acquisition of a commercial space looks something like this:

  • Get the business plan, and financing squared away
  • Go through some level of due diligence to determine the right location & type of property
  • Do some on-line searches and burn some shoe leather lining up the right property
  • Pick-up the phone and call on the properties identified

In this scenario this is the first point at which a Commercial Broker enters the picture, and it’s the broker that has been contracted by the property owner. Now don’t get me wrong, the professional Commercial Broker typically does a great job representing both sides of the transaction.

Here’s my point – when engaged as a member of your professional team, a Commercial Broker can bring their business acumen, and unique perspective much earlier in the process resulting in a better overall decision. The fact that you now have a professional member of your team who understands your business needs in depth, and will represent you and your needs in all negotiations doesn’t hurt either.

A Commercial Real Estate Broker on your team will lead to better decisions, and can ultimately improve your bottom line. It’s the most cost effective business consulting you will ever receive.

There are some very good tips on selecting a broker contained in this article.

If we can answer any questions, or be of service, please drop us a line at info@axiomre.com.

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10 Reasons Why You Should Buy

10 Mar

There are many reasons to consider purchasing your business property rather than leasing. Here are some of the more pertinent:

1) We are in all likelihood at or near the bottom of market prices
2) Mortgage rates are historically low
3) Purchasing provides your business with a predictable monthly outflow (no rent increases)
4) Purchasing allows you to increase equity thru amortization
5) Purchasing allows you to increase available cash flow thru depreciation
6) Purchasing allows you to increase personal wealth thru appreciation
7) Purchasing your space allows you to write off improvements
8) Purchasing is in effect forced savings through principal payments
9) Effective use of the Lease-Option could provide you further leverage by locking in today’s prices on a purchase in 3 to 5 years.
10) Purchasing is an investment in you, your business, and your family that will pay-off over the long haul

Have questions, or would you like a free lease vs buy analysis for your business? Please drop us a line at info@axiomre.com.

To Lease or Buy?

16 Jan

Is it better to buy than lease my office space? It’s a question I am often asked when leasing space.

The answer is that there is no one right answer as each business owner has different circumstances. However, by analyzing the business owners needs, tax bracket, need for cash,and other criteria, we have been able to create annual sizable savings and a retirement fund for many.

We have a service that Offers a free “lease vs. buy analysis” that I would be happy to extend to our readers.

Allen Olson
253-473-5351 office