Origins of LeaseIntel
The Internet is changing the way many other industries operate. Real estate has changed to some extent, but the Internet has much more potential to offer.
Despite the potential for change, the challenges that tenants and landlords face remain the same. Tenants need to find homes and no one wants to pay more for a lease than is necessary.
By the same token, landlords need resources to determine what other tenants are paying for similar properties. They need to know what factors to consider when negotiating lease terms for their properties.
Where many landlords and tenants see difficulty or confusion in this evolution of the industry, we see opportunity. LeaseIntel is the incarnation of that opportunity. LeaseIntel allows members to freely gather leasing comparables and bring data transparency to the real estate industry.
Who Should Use LeaseIntel?
Any property owner, tenant or broker can join the LeaseIntel community as a member. Since the underlying principle of LeaseIntel is to freely share commercial lease comps, ratings and reviews, membership is free.
Tenants can use LeaseIntel to ensure they aren’t paying more than market rents for a home. Property owners (landlords) can gather data on LeaseIntel to ensure they are getting the most for their properties. Both parties benefit from the comp data that helps identify market rents for a particular property.
Why Use LeaseIntel?
There are several factors that make LeaseIntel an important component of any real estate process:
Objective, independent, first-hand lease terms of comparable properties
Data transparency and accessibility
Ease of use
Ultimately, LeaseIntel offers peace of mind to tenants and landlords who can trust that their lease terms fairly represent the market.