5. HOW MANY PROPERTIES SHOULD I INSPECT BEFORE CHOOSING A PREFERRED SPACE?

Question

Accepted Answer

This largely depends on the individual. Some Tenants like to look at a range of properties/tenancies and others prefer to look at a lot less. Market conditions at the time of the search may also dictate how many properties are available to inspect. If vacancy is low there may only be a few viable options, whereas if vacancy is high there could be many. The vacancy rate within the Brisbane CBD is currently trending above the long-term average and therefore options are aplenty. In general terms, many Tenants don’t have an exact brief at the beginning of their search. Therefore the process of inspecting tenancies is important in assisting them in making decisions as to the size of space, appearance and budget. Ultimately there is no right and wrong answer to this question. An experienced agent will show a prospective tenant as many spaces as is required for them to be sure that they are making the right decision.