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What is Rental Consulting

What is Rental Consulting

Leasing consultancy is a professional service that meets the needs of various workplaces or offices. In line with the growth targets of the company, it is responsible for finding a rental place in a new province or district.

What Does a Leasing Consultant Do, What are his Duties and Responsibilities?

Different answers can be given to the question of what a leasing consultant does in terms of tenants and landlords. There are companies looking for rental properties suitable for use in branches, warehouses, offices and garages. The consultant is responsible for evaluating the tenant candidates and determining the payment terms by choosing the appropriate options. The consultant, who provides services to real or legal persons, also collects data through official correspondence and interviews. Finding tenants for the property or maintaining control of existing tenants are the main tasks of the consultancy. In general, the responsibilities of rental consultancy are as follows:

- Calculation of periodic rental income or expenses.

- Payment tracking.

- Submitting the special cases notified by the tenant or the owner to the administration.

- Determining the features that may be suitable for the company's goals and conducting research in accordance with the criteria.

- Evaluation of the location, square meter, facade and building characteristics of the immovables.

- Evaluation of the rental options in terms of function and separation of the ones suitable for the needs.

- Solving the problem by legal means in case of non-payment of receivables.

- Determination and reporting of alternatives for the property or different instruments to be rented.

The leasing consultant finds new business areas that will accelerate the growth of the company. Reaching potential customers at the center of services requires opening branches in appropriate locations. Evaluation of existing assets is possible by providing sufficient data to potential tenants and making effective promotions. Companies, as tenants or owners, want to solve their real estate business as soon as possible. Evaluation of the suitability of contracts in terms of company benefits, rent payments and collections, and use of acceptance and termination powers on behalf of the company are responsibilities that require experience in this field. The rental consultant should be able to provide the following competencies in terms of his/her duties:

Having the ability to persuade.

To have regular diction.

To take care of personal care.

Ability to analyze the company's resources, strategies and objectives.

To be able to plan according to the data provided by different departments.

To have the capacity to be evaluated in many positions.

To see the sensitivities of the companies and persons contacted regarding the leasing.

To be able to follow the legislation related to the rights of tenants and owners.