Wednesday, 20 June 2007

Dumb & Dumber - Office Rental


Yesterday, I complimented the New Zealand retail banking experience. Today, I focus on commercial real estate.

As part of some current business planning, I visited three separate real estate agencies in Tauranga yesterday. The request was simple: A list of current office space available for let or lease in the main CBD or Avenues areas. Not one could produce a list. Instead, each referred me to individual commercial agents.

These same real estate agents have glossy colour brochures, updated weekly, covering their residential properties for sale. They have printed listings of residential properties for rent. Why not provide the same for commercial properties? Most prospective commercial tenants are probably pretty time poor. Yesterday's experience was not a good one.

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