How Barter Helps Landlords
FILL VACANT SPACES
Filling Vacant Commercial Space
There’s no doubt that the commercial real estate market has suffered in recent years. You don’t have to drive very far to see office buildings, retail shopping centers and industrial complexes with high vacancies. Some would say that it is the result of our economic recession and part of a cycle that will eventually come back full circle to former good times. How long will that take? What will you do until then?
As a landlord, you know that many of your current tenants are struggling and that new tenants are hard to find. You may have resorted to offering extended periods of free rent to gain an edge over your competition that shares the same challenges. It’s a buyer’s market and you are caught in the middle of the supply and demand merry-go-round, trying to find the right balance between occupancy and rates. What can you do to fill your empty space with paying tenants and cover more of your ongoing operating expenses?
Our Unique Approach
The real estate firms EOA works with offer a way to overcome this dilemma. As experts in the commercial barter industry, these agencies can show you how to attract new quality tenants by adding a barter component to your commercial leases. In the last 30 years, commercial barter has evolved into an electronic banking system and is being used by large and small companies alike as a financial tool to solve the inherent problems that exist with excess capacity and excess inventories. We provide liquidity to barter and facilitate transactions between willing parties where cash is in short supply.
How Barter Benefits Your Tenant
Attracting new tenants is easier when you add a barter component to a lease. Used effectively, it can sway a prospect to your property and can become an incentive to capture future cash flow as an introductory component to your lease in lieu of free rent. And, the reduced initial cost to your new tenant helps insure their success and financial stability.
Barter makes it possible for businesses to expand because they are using their excess capacity and excess inventory to pay for their expansion. Your new tenant will supply EOA Commerce Network with gift certificates from their business each month as payment for the barter portion of their rent. EOA then sends your tenant new customers to redeem those gift certificates. You receive a corresponding credit each month in your barter account for your use.
How Barter Benefits You
Some of the many benefits of using barter in your leasing include:
Using Your EOA Barter Account
The principle of effective bartering is to use barter in lieu of spending cash, which leaves a $1 cash in your bank account for every trade dollar used instead of cash! When barter is employed properly the barter lease revenue represent the possibility for huge incremental profits.
PERSONAL purchases available in EOA:
Do you have existing tenants that are delinquent with their lease payments? Let EOA show you how to use barter to cure a default and salvage a tenant relationship while preventing another vacancy, and without any discounting.
Are any of your tenants struggling financially and have they approached you for a rent reduction? EOA can show you how to hold your rate by taking the suggested reduction in barter for a period of time; giving you value and helping your tenant generate more sales while they get back on their feet.
BUSINESS purchases available in EOA:
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