Get All Access for $5/mo

Why You Need A Real Estate Agent A realtor offers valuable advice much like a lawyer or accountant.

Unless you have a significant amount of experience in shoppingfor commercial real estate, it's a good idea to use a qualifiedreal estate agent. Whether you are buying or leasing, an agent canhelp by pre-screening properties, which saves you time, and bynegotiating on your behalf, which can save you money.

Typically the seller or landlord pays the agent'scommission, which may raise some questions in your mind about theloyalty of the agent. However, keep in mind that the agentdoesn't get paid until a deal that satisfies you both isnegotiated.

You may opt to use a tenant's or buyer's agent, whom youpay yourself. In the real estate world, that's called tenant(or buyer) representation, a real estate specialty that is growingin popularity.

Excerpted from Start Your Own Business, 2nd edition: The OnlyStart-Up Guide You'll Ever Need

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Amazon Has a Blank Book Problem: Buyers Report Receiving Fakes of Bestselling UFO Book

The book looked fine on the outside, but the inside was out-of-this-world.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Paramount Leadership Alludes to Layoffs If Merger Does Not Go Through

Paramount is awaiting approval on its merger with Skydance Media from majority shareholder Shari Redstone.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.