leasopedia
- back toall
What’s The Difference Between A Listing Agent and a Tenant Broker?
The leasing agent has the listing on the commercial buildings for lease and represents the interests of the building owner or landlord. A tenant representative or “rep” represents the interest of the tenant in a commercial real estate lease transaction. Some Houston commercial realtors work exclusively on listings, others will take on tenant representation engagements only, while some will work on both.
It’s important to remember that a leasing agent is counting on the prospect’s lack of commercial real estate knowledge in order to achieve the highest income possible at the lowest possible expense to the landlord.
If you are looking for commercial office or retail space to lease then you should seriously consider having a professional on your side, who is knowledgeable of the market. This puts you in a better position when you begin looking for your new office or retail lease space, renewing, or even renegotiating your current lease. The Tenant Rep’s goal is to get the best lease rates and terms on the tenant’s behalf.
