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A new company is looking to disrupt the commercial real estate industry by putting more power in the hands of small business owners. Leaseref.com promises to make commercial real estate leasing much simpler for tenants.
“The existing model of service delivery to tenants who rent commercial space is broken.” Says Carrie Wood, Chief Marketing Officer. “Every year billions of square feet of commercial real estate leases are signed and in most cases, tenants have not arrived at the fairest lease, and they don’t even know it.”
“Small business owners have three choices when renewing their commercial lease. They can hire a real estate lawyer who will probably do a thorough job but at a high price. They could also hire a commercial real estate agent who works on commission, but not all agents act in the best interests of businesses since they get paid on getting the deal done, and not on giving the best leasing advice. The last option is to do it themselves. In most cases, although the tenant does not involve a middle man in the equation, this is the option that actually costs them the most. Landlords negotiate commercial leases every single day. Tenants come to the negotiating table every 5 years on average. A company’s real estate lease is a unique contract – it is usually the longest, most expensive and least understood contract any business will ever sign.”
“That’s where we come in.” says Ms. Wood. “We have built an immensely robust resource for businesses who rent commercial space. We have explainer articles, blog posts, infographics and a 12,000-word glossary of commercial real estate terms – you cannot find any website like it anywhere else. If you cannot find your real estate question on our website, you can submit it and we will try to track down the answer for you. Before now all the insider knowledge in the industry was held by commercial real estate brokers, landlords and real estate lawyers. We are leveling the playing field for the small business owner, and that is why we chose Lease Ref for our name – we are like a referee between a tenant and their landlord and we ensure that it is a fair game.”
Lease Ref also has a paid service for companies that want an evaluation of their lease. For a one-time fee, the Lease Ref team will confidentially review a client’s commercial lease and point out areas of improvement so that the business owner can be empowered to improve the lease during the next real estate negotiation. The paid review is at a fraction of what a commercial real estate lawyer would charge.
Lease Ref’s team consists of commercial real estate professionals with at least 15 years’ of experience each, representing some of the biggest brands in the world and plenty of mom and pop businesses as well.
For more information, please visit: www.leaseref.com
Contact:
Carrie Wood Chief Marketing Officer Tel. 888-238-6712 x 702 Email: carrie@leaseref.com
Release ID: 172707