Main common problems of the office rental market

01.

The office rental market is extremely fragmented.

There is no overall platform for renting office real estate.

The market has been demanding such a platform for a long time.

02.

There is no direct communication between tenant and owner in most cases.

If the intermediary is not properly qualified and there is no communication, then the result of such a transaction can be very deplorable.

03.

Low relevance and completeness (quality) of information, which leads to huge losses of time and resources. Seekers cannot find the object they are interested in in the best possible way and be sure that it is the best offer on the market.

04.

For owners:
Premises downtime = lost income

No guarantee of maximum office occupancy
Long negotiation process
Existing instruments for rent rate prediction are poor

05.

For seekers:

Extremely low relevance and trustworthy of information
Impossibility to negotiate directly with the owner/manager
Large number of duplicate offers
Necessity to pay high agency fees