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Michigan Commercial Real Estate Broker & Tenant Representative

LEVI F. SMITH REAL ESTATE, INC

Licensed Attorney / Commercial Real Estate Agent
We tilt the playing field in your favor!
(248) 262-1807

 

You Pay NOTHING for our Tenant Representation...

As a Tenant Representative, Levi Smith works solely for you, and gets reimbursed directly from the seller.  That means you receive lease negotiation, lease re-negotiation or commercial property sales assistance from an experienced real estate attorney FREE OF CHARGE.

What Is "Exclusive Tenant Representation"

Facility costs are typically one of the largest expenses in a corporate budget. Maximizing the value of facility investments is a key business strategy. Why, then, would you want to collaborate with a real estate firm that represents both landlords and tenants – eliciting potential conflicts of interest – when you could opt for a firm that solely represents you, the tenant?

Very simply, many organizations don’t know that exclusive tenant representation is an option. While it’s the preferred approach to real estate transactions in most major metropolitan areas around the country, it remains virtually unused in the Michigan market. However, businesses that have experienced this approach typically don’t return to the traditional model of working with a real estate firm that represents both the buyer and the seller; exclusive tenant representation affords too many advantages.

How are you different from a Real Estate Broker?

The foundational concept behind tenant representation is just as it sounds: representation for a tenant or user of real estate. Exclusive tenant representation does not extend to landlords or real estate owners, which is the business model for most real estate service providers. Instead, the tenant experiences a dedicated champion for their interest only.

Hiring a Tenant Representative can save you money without COSTING you moneySince most real estate providers offer both listing services for landlords and leasing and acquisition services for tenants, these providers can experience a conflict of interest in negotiating a deal that maximizes benefit to both types of clients. Tenants using an exclusive tenant representative can be confident that their representation is conflict-free, since at no point has their tenant representative represented a potential landlord in the market.

The Levi Smith Difference

Through exclusive tenant representation, Levi encourages clients to evaluate all real estate alternatives: lease, buy or build. First, he performs an analysis to confirm the amount of space needed. Then, he evaluates all options to help clients make an informed, strategic business decision. He provides a short list of properties considering both economic and non-economic factors, as well as a detailed analysis of sites comparing their unique characteristics and associated financial advantages. This process integrates in-depth market knowledge with a strategic understanding of efficient and effective usage of space. He also specializes in negotiating municipal incentive packages to supplement clients’ facility financing.

The Bottom Line with Tenant Representatives

What does it cost to engage a tenant representative to assist in real estate decisions? In short: NOTHING. Commission rates are fixed for real estate transactions, with or without tenant representation. Because the tenant representative receives compensation for their services through the commission paid by a landlord, there’s no additional cost to the tenant to hire an exclusive tenant representative. While decision making is left up to the client/tenant, working with a representative like Levi who performs the majority of the transactional work allows the client to focus on their business responsibilities.

Call Tenant Representative Levi Smith and
Save Money on your Upcoming
Commercial Real Estate Transaction


Levi Smith was named "Top Offce Leasing Broker" in 2013

(248) 262-1807

Copyright 2013 All rights reserved
Levi F Smith Real Estate, Inc

26555 Evergreen Suite 1500
Southfield, Michigan 48076