GDM Assists Client to Research Business Premises

One of my Total Service Clients is assessing commercial premises to purchase, which they will use for their own business. This will be their first commercial property, so they have requested I assist them with their research.

I have been co-ordinating with the client and several real estate agents, including obtaining detailed property research reports for various properties (free of charge, as they are a Total Service Client), to assist the client assess if the property is suitable for them.

Today I completed a detailed analysis of a property for them, which indicated, from a basic financial analysis (income return as a percentage of purchase price), the asking price for the property was likely unreasonable. Furthermore, I was able to identify some other issues with the property (from my dealings with the real estate agent), which would likely impact the client in the future, and help them to make a decision if it is worthwhile proceeding any further with their enquries.

Because I was able to assist with a lot of the research, and dealing with the real estate agent on their behalf, the client was able to thoroughly assess the property, without wasting their own time.