Clients looking to purchase raw land for development will require many of the same services outlined in the Buyer Representation section, however the following services may be required:
1. Land Entitlement – Act as client liaison to all government authorities in obtaining approvals for all planning and zoning requirements, utility installations, and permits as well as possible re-zoning and variances.
2. Management – Provide the service of managing the development process by facilitating the co-ordination of property due diligence, engineering, architecture and contractor interdependence.
3. Financial Planning – Create construction budgets, pro-forma analysis, and lender financing packages.
| Generally fees for most of these services are not borne by our clients. Under many Tenant and Buyer representation assignments, the Landlord or Seller pays our fee. Ongoing Tenant and Owner services over and above the consummation of the real estate lease or purchase is charged on an hourly basis. Longer and more complex real estate services such as land development services are negotiated separately on a case by case basis. |