Buying or leasing a property is a huge experience that requires a lot of planning. There is the hunting phase and the sealing of the deal.
To make the whole process easier, you will need the help of a good real estate agent. Working with a trustworthy and experienced agent, who knows the ins and outs of the industry, can guarantee you the best prices in the market.
Nonetheless, with so many brokers in the market, finding a perfect agent can be tricky. To make the search easier, here are some of the key things to consider when choosing the right expert healthcare real estate to work with.
Healthcare Real Estate Expertise
It is advisable to choose a realtor with healthcare industry experience. Although there is a thin difference between a home agent and a medical facility agent, there are things a healthcare real estate expert must understand.
In healthcare real estate, careful consideration is paid to space planning, patient flow, and facility access. A realtor who understands this will help you choose the right space that befits a health center. This also saves the tenant money and time during the search process.
Abides by different laws
When leasing a commercial health care facility there are different laws to abide by. The realtor must be aware of these laws. These restrictive regulations include occupation safety and hazards, proper disposal of medical waste, required building capacity along with state at local regulations. A good realtor will also ensure their clients abides by these laws at all times.
While you can always find the information you want online, but referrals are always the best. There is no easier way to know about an agent than a referral from someone they worked with in the past. Ask a fellow health care provider for recommendations. If someone had a good experience with a particular agent, they will most likely recommend them to someone else.
Strong core values
Core values are important in both business and pleasure. You want to work with someone truthful and transparent with what they do. They should be honest when it comes to prices, the number of listings available, and their years of experience among others.
The activities involved in the real estate business are many. Sometimes the realtor may be required to work extra hours to beat the deadline. Choose someone who will be there to answer your calls and solve issues beyond their typical office hours as long as it is within reason. However, calling your realtor in the wee hours of the night can be quite unprofessional. Still, if you find it difficult to communicate with the realtor within the day, we recommend looking for someone more reliable.
Interest in client’s well-being
Every realtor has to guide the client accordingly. However, this doesn’t mean deciding for them. A reputable agent will provide all the information about the property, whether good or bad.
However, for them to provide you with the right data, be honest and transparent with what you’re looking for. Also, don’t be afraid to ask questions when stuck. If you both disagree a lot in many areas then you should look somewhere else. Read more here https://www.inman.com/2020/01/24/the-biggest-benefit-of-agent-healthcare-benefits-happiness/
They know the neighborhoods well
Once you have sited the best location for your hospital, you will want a real estate company that is familiar with the specific area.
Does your agent know about the number of hospitals in the district? How about the area’s population and the selling or leasing prices of houses in the neighborhood?
The agent should also give you a feel of the community including the parks nearby, the kind of volunteer services available, the popular restaurants among others. Also, find out if there are any chemists nearby where you can source your hospital supplies.
Buying or leasing a medical facility is an expensive affair that requires proper financial planning. The prices vary from one agent to another.
A majority of them will ask you to pay a fixed amount as rent and deposit. Others will ask for additional legal fees and service charges. Compare prices from different realtors and only choose an agent who fits your budget.
Still, if the price is unrealistically low, this could be a huge red flag. The low prices are probably due to incompetence or lack of experience.
Check to confirm whether the realtor’s office is close to where your property is located. Being close means that he will be easily accessible when needed. They are also likely to be aware of the real estate listings in the area.it also means you will not have to travel long distances to view the property.
The right credentials
Besides a license, the healthcare real estate expert must have undergone various training and acquire credentials or affiliations at the end of the studies. This means they are well versed in the real estate market. Consider choosing a realtor with vast knowledge of your individual needs. Click here to read more insights on how you can choose the right real estate agent.
Finding a good property expert might not be easy, but with the right source, the entire process becomes much easier. You can always get referrals from those you trust or from agents you have worked with before. Even so, you should also consider searching their web and interviewing them. Getting first-hand information is always the best option. Also make sure they are licensed and have the right credentials. Lastly, choose someone you’re completely comfortable working with.
Author: Deo Fuerte
www.all-real-estate.com says thankyou for the contribution.