You're in a lease negotiation. How can you secure a deal that satisfies both the tenant and the landlord?
In the dance of lease negotiations, finding a harmonious agreement that benefits both tenant and landlord is key. Here's how to bridge the gap:
- Research comparable leases to establish fair market values and use these as benchmarks in discussions.
- Emphasize flexibility and willingness to compromise on both sides, such as agreeing to a longer lease term for reduced rent.
- Include clauses that protect both parties, like predefined rent increases and options for lease renewal.
What strategies have worked for you in lease negotiations?
You're in a lease negotiation. How can you secure a deal that satisfies both the tenant and the landlord?
In the dance of lease negotiations, finding a harmonious agreement that benefits both tenant and landlord is key. Here's how to bridge the gap:
- Research comparable leases to establish fair market values and use these as benchmarks in discussions.
- Emphasize flexibility and willingness to compromise on both sides, such as agreeing to a longer lease term for reduced rent.
- Include clauses that protect both parties, like predefined rent increases and options for lease renewal.
What strategies have worked for you in lease negotiations?