Comments on: 8 Ways to Hack Your Office Lease for Cash http://gigaom.com/2008/11/02/8-ways-to-hack-your-office-lease-for-cash/ Trusted Insights and Conversations on the Next Wave of Technology Tue, 24 Nov 2009 13:42:39 +0000 http://wordpress.com/ hourly 1 By: Office Space http://gigaom.com/2008/11/02/8-ways-to-hack-your-office-lease-for-cash/#comment-916825 Office Space Sun, 07 Dec 2008 20:06:19 +0000 http://gigaom.com/?p=27232#comment-916825 <p>Regarding #2 Beware of free rent, there's also another negotiation tactic that, during normal times, landlords will rarely agree to, but during tougher economic times it may prove to be a good negotiating point. Instead of 3 months of free rent, ask for that discount to be amortized throughout the monthly payments. Then when the lease is up, you've got a lower base to negotiate from.</p> <p>Another tactic is to request more months of free rent if the landlord will not agree to the above.</p> Regarding #2 Beware of free rent, there’s also another negotiation tactic that, during normal times, landlords will rarely agree to, but during tougher economic times it may prove to be a good negotiating point. Instead of 3 months of free rent, ask for that discount to be amortized throughout the monthly payments. Then when the lease is up, you’ve got a lower base to negotiate from.

Another tactic is to request more months of free rent if the landlord will not agree to the above.

]]> By: No Luck Finding A Cheap Rent? at Rofo Blog http://gigaom.com/2008/11/02/8-ways-to-hack-your-office-lease-for-cash/#comment-910481 No Luck Finding A Cheap Rent? at Rofo Blog Tue, 04 Nov 2008 19:09:07 +0000 http://gigaom.com/?p=27232#comment-910481 <p>[...] financial commitment  in your lease agreement.  I recently had the opportunity to contribute an article to Gigaom highlighting 8 of them.  It ranges from capping operating expenses to obtaining flexible [...]</p> [...] financial commitment  in your lease agreement.  I recently had the opportunity to contribute an article to Gigaom highlighting 8 of them.  It ranges from capping operating expenses to obtaining flexible [...]

]]> By: Chris http://gigaom.com/2008/11/02/8-ways-to-hack-your-office-lease-for-cash/#comment-909961 Chris Sun, 02 Nov 2008 23:31:33 +0000 http://gigaom.com/?p=27232#comment-909961 <p>Fabulous article. Another tip you might offer is the use of a tenant representative. We've used a tenant representative on several lease negotiations, with excellent results. The tenant representative typically takes a percentage of the value of the lease as payment, so the service is free to the tenant.</p> <p>For us, when we only negotiate a lease every 3/5 years, we're not up-to-date on the latest trends and contract changes, while our tenant rep was.</p> Fabulous article. Another tip you might offer is the use of a tenant representative. We’ve used a tenant representative on several lease negotiations, with excellent results. The tenant representative typically takes a percentage of the value of the lease as payment, so the service is free to the tenant.

For us, when we only negotiate a lease every 3/5 years, we’re not up-to-date on the latest trends and contract changes, while our tenant rep was.

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