Do I Need a Realtor to Rent an Office in Seattle? - Bscofficespace

Do I Need a Realtor to Rent an Office in Seattle?

Monday, May 4th, 2020

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Are you searching for the perfect Seattle office for rent? If this is the first time, you probably have a few questions about the rental process. One question we get from those shopping for downtown Seattle office space is, “do I need a realtor to rent an office?” While you certainly can use a realtor to help you locate the right office space for your needs and budget, the reality is that you do not have to consult with a realtor unless you want to.

Why Some People Believe They Need a Realtor

You can find a fantastic Seattle office rental by going through online listings, talking to friends, searching google, or using a real estate agent. The main benefit of choosing to consult with a real estate agent is that they can help you identify appropriate properties, negotiate your leasing price, and help schedule a walk-through. Keep in mind that the realtor is going to expect payment for their services.

It’s worth noting that a realtor traditionally represents real estate properties that are for sale. If you are looking to lease an office, you will want to work with a commercial real estate broker who is more accustomed and knowledgeable about commercial property rentals. However, there is no law saying that you need to use a realtor or broker. It is something you are allowed to do on your own if you feel comfortable with doing so.

Reasons You May Not Need a Realtor

With the advent of shared and private office spaces like those offered by Business Service Center, including virtual offices and meeting rooms you can book only when you need them, there are options other than working with a realtor. In general, renting a home doesn’t require a realtor; neither does renting a Seattle office space.

You can get a Seattle office rental through a realtor, but you can also do the work yourself and save money. You can search for advertisements, show up and walk through a space, and decide if it fits your needs. There are all sorts of websites that offer information about the properties in your area. You can look at different sizes and prices, consider transit and walkability scores, and get an idea of what other types of businesses are located in the area.

At the Business Service Center, we make the search easy on you. We offer a wide range of office suites, including Full-time office space, Part-time office space, Virtual office rentals, Meeting room rentals with an office support staff tailored to your exact needs.

For instance, a business that only needs a physical address and a place where mail can be delivered will want to consider a Seattle virtual office. You get precisely what you need, and you get a considerable discount compared to renting a private office space. A realtor is unlikely to be privy to these kinds of spaces and would not make enough money from renting them to make it worthwhile.

On the other end of the spectrum, you can choose a private, full-time office that can be used only by your employees. Many Seattle office spaces include amenities that can vary depending on the area. At Business Service Center we offer a receptionist, kitchen facilities for lunch breaks, high-speed Internet, 24-hour access, a television and DVD player, notary public services, and a fitness center.

Researching and Touring Office Space

Regardless of where you choose to set up shop, you want to be sure the offices you are interested in have what you need. Some things to consider are the building maintenance, security features, and available utilities. If you go through a realtor, they will likely have this type of information, but it doesn’t hurt to take a look for yourself. If nothing else checking gives you peace of mind.

It’s also worthwhile to look in the surrounding area to see where clients and employees will be spending time. It’s just as important to be in a nice neighborhood as it is to have an appealing office space. If walkability matters to you, you can take a walk and look for the presence of sidewalks and footpaths that will be useful.

Considering Your Budget and Length of Lease

Most of Seattle’s office spaces are going to have a base rent that you pay for the usable space every month. In many cases, rental terms require renting for a minimum of a year, sometimes for three to ten years. Sometimes that can be too long if you plan on growing quickly. That’s another reason that monthly private or shared office space in Seattle can be such a good idea. You aren’t locked into a long term rental agreement. If you decide the space isn’t quite right for you, you can finish the term and move on to somewhere else.

Mistakes to Avoid with Office Rentals

Choosing office space can be challenging and taxing. It isn’t uncommon to rent a space that turns out to be too small, too expensive, or just inconsistent with your business needs. That’s why you should watch for the following things, whether you rent on your own or with the help of a commercial real estate broker:

  • Spending Too Much Money – The last thing you want to do is overextend your budget and end up in financial trouble. It’s best to go with a conservative budget instead of getting caught up in all the little things that might bring the price up.
  • Choosing a Small Space – You want to think about your current and future business needs. You should have goals, and those should come into play when selecting an office space. When looking at spaces, think about whether the growth you want can be accommodated down the road either by an initial larger space or the option to upgrade.
  • Picking a Bad Location – Location matters when it comes to business to look at the neighborhood and transportation options before choosing. If you already have customers, consider their preferences. Research local firms and services before you sign any paperwork.
  • Not Reading the Lease Information – When you sign a lease, it’s binding between the landlord and your business. Some terms can be tricky to understand and have unexpected consequences. Look for transfer limitations, use clauses, as-is clauses, and other things that limit flexibility.

Making Your Final Decision

A real estate broker has knowledge you don’t and may free up time you would spend researching on your own. However, they also may rush you, negotiate a deal with a higher rent than you wanted, or steer you toward properties that give them a better commission. The choice is yours, but you should be aware of what you are getting into.

If you want flexibility and to enjoy the type of amenities and office support that can make an office space a great place to work, consider the rental options offered by Business Service Center. Our office spaces also come with magnificent panoramic views that can only be found on the 32nd floor of Safeco Plaza. Not only will you be in a fantastic location that your clients and employees will love, but you’ll also have the chance to network with others also working in the heart of Seattle’s downtown business district.

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