As you decide on which medical office space to sign a deal for, there are several factors you should consider when choosing a brokerage and or rental-realtor firm. We have spoken to experts and here’s what they have to say on the matter.
1. Location And Local Rental Expertise
Before anything else, your medical office space brokers have to be highly knowledgeable about the local area. This isn’t merely about real estate and rental space knowledge. It’s about them having insider information on medical offices, which parts of the state thrive the most when it comes to demand for the first, and vice versa.
Even more, brokers who are locally connected will have better resources and contacts when finding the most ideal medical rental space for your team’s operational needs. That, and within a shorter search period than without the guidance of said professionals.
In the event that you have certain locations in mind and you want details regarding the same, your local broker will have no problem answering them. They will be able to tell you the pros and cons of each one.
2. Online Presence
Online presence is now a crucial variable that can make or break decisions of potential renters of medical spaces. According to recent statistics, close to 50% of people who are looking for rental and/or real estate shop online first. And analysts predict that these numbers will skyrocket this year, and into the next decades.
For this reason, going for a brokerage firm that has an up-and-running website, complete with important details of their services, and updated content is an indirect reflection of how seriously they take their business.
To further this, it’s a very convenient means for your to have an overview of what kind of brokerage firm they run, how long they’ve been in the business, what areas in the city and/or state they operate in, what their company’s vision is, the list goes way on.
3. Medical Office Space Regulations
This is a must for the DC Medical Office Space Brokers you decide to entrust your rental-searching to— awareness and proficient knowledge regarding medical office space regulations.
Of course, it’s needless to say that you are to be well-acquainted with said vital pieces of information, too. Being the medical practitioner yourself. However, each state has different
Requirements every medical office and/or practice category. It will be of great help to rely on a brokerage agency that is well-versed with what they are.
4. Client Feedback And Reviews
Client feedback and reviews can be viewed online as well. A callback to what we’ve mentioned in number two above. Visit the agency’s page on client feedback and go over the reviews of their past and present clients.
Feedback and reviews are an excellent approach towards gauging how well (or otherwise) they conduct transactions. These are callbacks so how satisfied clients are with the way business proceedings are/were carried out and concluded.
5. Customer Service
This is a quality held high across all categories of brokerage transactions, and not merely in the medical sector. The scope of customer service isn’t limited to how cleanly they handle appointments and scheduling, though these are very crucial, nonetheless. It’s also about communication.
Note that you and your team will be in constant communication with your broker/s. At least, until you finally decide on the location you want to set up your practice in. This means that your brokers have to be very communicative with you, constantly updating you regarding the progress of your office space-hunting.
6. Negotiation
Finally, we have “negotiation” as a huge factor in why you should have a broker pave the way in looking for a medical office. We’ll be straightforward in saying that landlords for medical spaces do not charge lightly. This being said, your broker can negotiate rates for you, especially if they’ve been working with numerous landlords in their business’s roster and/or history.
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