Making Better Real Estate Decisions

When you place your piece of commercial real estate for sale, you are probably focused on its aesthetic and practical appeal. You may put a lot of effort into maximizing its curb appeal, and you may talk with your real estate agent at length about staging your office space for showings. However, what many people who are selling or renting commercial real estate fail to take into consideration is how important your thermostat is to potential buyers or renters. Without an optimal thermostat and a high-quality heating and cooling system, you may be sabotaging your efforts to sell or rent your office space. Here's why.

Buyers and Tenants Will Imagine Themselves Working in the Office

One of the things that home sellers are encouraged to do when preparing their house for sale is to consider the fact that home buyers will imagine that they are living in the homes they visit. The same scenario is true of office spaces.

When potential buyers and renters go to a commercial building, they are sure to imagine that they are working in the space. If it feels uncomfortable for any reason, they are probably going to think twice before investing. Nobody wants to imagine their workers miserable and unsuccessful because of frequent heating or cooling issues.

You Cannot Redo a Bad First Impression

Let's face it. Once trust is lost, there is not a lot you can do to get it back. With a brief interaction that takes place between potential buyers or sellers as well as potential landlords and tenants, there is only a short period of time that you have to win someone over. There aren't any do-overs.

If your air conditioning or heating is broken when that person comes to evaluate the office space, chances are they will perceive your commercial real estate in a far more negative light than they would otherwise have. That can potentially cost you a lot of money in lost revenue. Be proactive to avoid this dilemma.

Finally, remember that a modern heating and cooling system is not as expensive to invest in as many people might guess. When you are trying to sell potential tenants on an office space, the last thing you want is for the heat to be broken on a frigid winter day or the air conditioning to be out of order on the hottest day of summer. Prepare for the worst by taking the best care of your air conditioner, heater, and thermostat.