Questions to Ask a Broker

August 3, 2022

On the search to find the best broker to help you sell/buy/lease? Here are the top questions to ask a commercial real estate broker.


1.What locations, cities, or specific neighborhoods are you most familiar with?

Your client is in need on an advisor who has an extensive knowledge base of the market that they are interested in. If they have multiple locations they are looking at a broker’s guidance is able to help narrow down what will best fit their clients needs.


2.Where do you see the market going right now?

Being able to help a client understand what the favorable possibilities are for the market now and the future will help decide what is the best decision for their business. 

 

3.What is your experience as a broker?

A client should never hesitate to ask a broker about their experience. Whether that is about success stories, number of completed deals, what kind of companies they have worked with, etc.


4.What are your specialties?

Brokers in commercial real estate specialize in particular property types. Whether its office, retail, warehouse, industrial, multifamily, or hospitality. If you and your property have a specific need that would benefit from a specialization, find a broker with the type of expertise that will give you the most value. 


5.Have you ever worked with a business like mine?

No two businesses are alike. Each has their own specific needs. However, if a broker has past experience with dealing with a company that was similar to yours it will help provide more accuracy to what you require. 


6.What will your broker services cost me?

It is standard for a broker’s compensation to funnel through either the property or landlord. There are certain exceptions to the practice based on who the broker is and what they are specifically doing. 





What Does a Commercial Realtor Do?

February 12, 2025
The spring market typically brings an influx of buyers to the commercial real estate market. To maximize your chances of a successful and timely sale, proactive preparation is key.
January 13, 2025
PROPERTY REVIEW: WAREHOUSE
January 13, 2025
As we look ahead in 2025, the commercial real estate (CRE) market in Arkansas presents a landscape ripe with both challenges and significant opportunities.
December 3, 2024
As the Arkansas commercial real estate (CRE) market evolves, investors need to stay informed and prepared for the changes coming in 2025.
December 3, 2024
The multifamily real estate sector in Arkansas is experiencing a significant boom, drawing the attention of investors from across the nation.
October 15, 2024
Arkansas is in the midst of a transformative period, with major infrastructure projects reshaping the state’s landscape and driving commercial real estate (CRE) growth.
October 15, 2024
When it comes to commercial real estate (CRE), maximizing return on investment (ROI) is every investor's primary goal.
September 26, 2024
As Arkansas continues to attract attention from a diverse range of industries, the industrial real estate market is poised for significant growth.
September 26, 2024
As we approach the final quarter of 2024, Arkansas' commercial real estate (CRE) market is presenting exciting opportunities and challenges for investors.
September 5, 2024
As autumn leaves begin to fall and pumpkin spice lattes make their annual comeback, it’s the perfect time to think about how you can spice up your investment strategy.
More Posts
Share by: