As the investment property market changes, vacancies in shops are commonplace. So there are things we can do with that problem. Staying closer to landlords and tenants is the first part of the equation.
The key fact to remember here is that we, as agents, are of high service value to property owners, investors, and landlords. Your tenant database and ongoing contact system is a big part of marketing your services.
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Try these others for negotiation ideas and starters in leasing shops:
- Reduce vacancy risks
- Find better tenants
- Protect existing tenant occupancy
- Establish a tenant retention plan
- Talk to landlords about risks and tenant mix changes
- Work well ahead when it comes to options and rent review negotiations