Real estate represents the SECOND largest line item on the budget, yet many firms only focus on the big issues such as lease renewals. They engage commercial brokers specifically to locate space and negotiate a transaction. The question left unanswered is, "Who addresses real estate matters issues when they arise during the term or as a client's business changes that may potentially impact real estate needs?"
IN/House Corporate Real Estate set out to develop a unique commercial brokerage firm that would better serve all the real estate needs of our clients rather than simply focusing on the transaction. We exclusively represent tenants and never a commercial landlords. Thus, we can not act as a dual agent at any time. If you are like most small and mid-sized firms, you likely hire outside consultants to assist you with many aspects of your business such as accounting or legal matters, IT, Marketing or business development.
According to a study conducted by UCI Graduate School of Business Management most firms that size delegated the real estate oversight to an internal manager who either has little real estate background or if they do, they may be assigned multiple tasks within the firm.
IN/House Corporate Real Estate set out to develop a unique commercial brokerage firm that would better serve all the real estate needs of our clients rather than simply focusing on the transaction. We exclusively represent tenants and never a commercial landlords. Thus, we can not act as a dual agent at any time. If you are like most small and mid-sized firms, you likely hire outside consultants to assist you with many aspects of your business such as accounting or legal matters, IT, Marketing or business development.
According to a study conducted by UCI Graduate School of Business Management most firms that size delegated the real estate oversight to an internal manager who either has little real estate background or if they do, they may be assigned multiple tasks within the firm.
Services
If you have a lease that terminates in 12 to 18 months, you might as well put a bull's eye on your forehead!
Every broker within a 90 mile radius has you targeted for cold calls.
And every broker has a story.
What is fascinating is that some brokers provide pictures of buildings that they represent trying to entice you to relocate to their building without even knowing what your specific requirements are no less understanding your business needs.
Jerry Neitlich, Principal of IN/House developed a model whereas our clients view us as their firm's in-house real estate department.
Every broker within a 90 mile radius has you targeted for cold calls.
And every broker has a story.
What is fascinating is that some brokers provide pictures of buildings that they represent trying to entice you to relocate to their building without even knowing what your specific requirements are no less understanding your business needs.
Jerry Neitlich, Principal of IN/House developed a model whereas our clients view us as their firm's in-house real estate department.
The typical relationship between a tenant/user and their commercial broker starts and ends with a transaction.
IN/House's full range of services is clearly outlined in our Authorization to Engage Services Agreement (the "Agreement").
Under the terms of the Agreement, our clients are assured our services are ongoing and continue for the full term of the lease.
There is no cost to our clients for these extra services.
Fees are generated by the standard commission paid by the Landlord to their listing broker who then pays IN/House a portion of that fee.
IN/House's full range of services is clearly outlined in our Authorization to Engage Services Agreement (the "Agreement").
Under the terms of the Agreement, our clients are assured our services are ongoing and continue for the full term of the lease.
There is no cost to our clients for these extra services.
Fees are generated by the standard commission paid by the Landlord to their listing broker who then pays IN/House a portion of that fee.
Our Tenant University is another example of our unique approach to corporate real estate.
With a completely searchable database, Tenant University provides a wealth of online nuances not often shared by landlords and other brokers.
This rich compilation of commercial real estate wisdom provides an edge for our clients and colleagues to protect themselves against unanticipated expenses which could become quite costly down the road.
Each post in this collection covers a unique and real situation tenants have faced and provides the background and knowledge needed to protect yourself and one of your company's most valuable financial commitments- your real estate lease.
With a completely searchable database, Tenant University provides a wealth of online nuances not often shared by landlords and other brokers.
This rich compilation of commercial real estate wisdom provides an edge for our clients and colleagues to protect themselves against unanticipated expenses which could become quite costly down the road.
Each post in this collection covers a unique and real situation tenants have faced and provides the background and knowledge needed to protect yourself and one of your company's most valuable financial commitments- your real estate lease.
For over 20-years In/House worked with Singer Lewak LLC structuring and managing dozens of leases for their many offices.
Through the years Jerry saved the company well over $1M in pass-through expenses and lease restructuring not only through strong negotiations but through the term of each lease.
Lucy Jared, Chief Administrative Officer of Singer Lewak said, The service and responsiveness working with Jerry Neitlich was unparalleled.
He was always there and saved us money on so many occasions it was uncanny.
Through the years Jerry saved the company well over $1M in pass-through expenses and lease restructuring not only through strong negotiations but through the term of each lease.
Lucy Jared, Chief Administrative Officer of Singer Lewak said, The service and responsiveness working with Jerry Neitlich was unparalleled.
He was always there and saved us money on so many occasions it was uncanny.
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