This is why you should hire a broker for your commercial space

Today I am working with a landlord who would like us to find a tenant for his retail space. The landlord is concerned about the tenant defaulting early on in the lease. Keep in mind the property we are discussing is not on Michigan Ave and is not on a lighted corner....so we are probably not going to find a tenant with rated credit. WHAT a good broker does for the landlord is negotiate lease terms favorable for the landlord in terms of a tenant default, specifically in this situation we may require the tenant to put up a greater security deposit. Additionally, we screen and identify the tenant. By screening, I mean checking the tenants refernces, credit, and business plans. By identifying the tenant we check out that the tenant actually has equity to lose and is not just a shell llc that would be easy to bankrupt in the event they wanted to default without consequence.