A Triple Net lease involves a considerably longer
investment on the part of the tenant and is also important for the one leasing
the property in many ways. Therefore, the best way to seal a triple net lease
deal is via a proper channel that, in most of the cases, is through a reputed
Nnn broker.
Like all other brokers, the job of a triple N or NNN
broker is simply to serve as a medium of contact between the one who
is looking for a tenant and the tenant himself. However, a broker becomes more
than just a choice in such deals because of some intricate reason. Here is a
simplified summary for you of all the major reasons behind our advocacy of hiring a broker for triple-N deals:
via Breeze Giannasio
A triple N broker can help meet
your needs and demands related to your Triple N leasing
more accurately than you will ever be able to
Such a broker also has the ample
experience of calculating an asset’s value and will hence make an accurate
estimate of whether or not the amount you are investing in lease is worth it
The contract and documentation
work for a triple N lease is extraordinarily detailed. Only a broker can help
you in handling such intricacies smartly enough so that you don’t get stuck in
future and keep on enjoying your hold on your dream property.
Now that you are convinced of the importance of
hiring a triple N broker for your leasing or renting processes, we will tell
you about the best way to hire one. Following are some of the most tried and
tested tips and tricks for you to keep in mind while choosing your triple N
broker so that you are never at a
disadvantage during your triple N leasing:
Avoid part-time brokers
via Breeze Giannasio
As we have mentioned this earlier, a triple N
dealing is not as simple and no moonlighter can handle it smartly. To make sure
that your leasing process goes smooth and you don’t have to find yourself in
trouble every now and then during the rental duration, make sure to find a
professional and full-time broker who knows his job.
Ask Questions to Test your Broker
You have hired someone for a job that involves a
great monetary investment and could risk your
entire savings. It is, therefore, your right to
ask them questions and ensure the broker’s credibility before trusting them.
Ask them about their knowledge of triple Net broker-ship and make sure that
they are good at what they are going to do. It is always better to go to a
broker who has been already tested by one of your acquaintances and did not
fail them
.
via Breeze Giannasio
If your broker doesn’t listen to
you, Leave
Remember, the broker you have found is not the
last one you will ever meet. If, at any point, you
feel like your broker is not as concerned about your needs as he is supposed to be, leave right away and start your search for a better one as soon as you can. Thanks to Triple Net Properties for contributing
Leave a Reply