Last updated on
Sep 4, 2024
You're facing lease renewal negotiations. How do you secure cost savings while maintaining quality space?
Summary
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Benchmark market rates:Having solid data on your side means you can walk into lease negotiations knowing exactly what a fair price looks like. It’s like having an insider tip—you're less likely to overpay and more likely to snag a deal that makes both you and your landlord happy.
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Highlight tenant value:Remind your landlord of how reliable you've been with timely payments or how your business adds to the property's allure. It's a bit like sweet talking, but with a track record to back it up—potentially leading to cost savings in your new lease terms.
Based on top experts' answers
Last updated on
Sep 4, 2024
You're facing lease renewal negotiations. How do you secure cost savings while maintaining quality space?
Summary
-
Benchmark market rates:Having solid data on your side means you can walk into lease negotiations knowing exactly what a fair price looks like. It’s like having an insider tip—you're less likely to overpay and more likely to snag a deal that makes both you and your landlord happy.
-
Highlight tenant value:Remind your landlord of how reliable you've been with timely payments or how your business adds to the property's allure. It's a bit like sweet talking, but with a track record to back it up—potentially leading to cost savings in your new lease terms.
Based on top experts' answers
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