Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Realtor CommunityA popular online real estate community since 1998!


Advertisements


Sponsored Links
Advertisements
How To Advertise Here
How To Advertise Here

Good Idea!
Realtor Promotion Service

Sponsored Links
(Views)Popular Topics
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 28355722
No new orders today 13124144
Stupid MLS comments. 3311658
What do you know about Froy Candelario, top agent in USA 1208576
Stupid QC comments and BPO requirements. 1082872
New HUD Listing Brokers---Any Update? 1043543
Is there religious content in Buffini class? 836058
Let's talk about our cars 682071
Name that Flick. Great movie Lines. 614618
Pay it Forward - BPO/REO Tips & Tricks I & II 603839
Most common items found at an REO 594605
EML 459233
REOTRANS 449172
Main Street 435248
asset val seminar in colorado 415580
assist 2 sell or 1 percent realty? 346939
HOMONYMS - There, Their, and They're 317357
Evalonline 300206
Land America 285053
Mainstreet 261860
Matched Content
Topic Options
Rate This Topic
#458650 - 08/08/17 12:35 PM LOI questions on a commercial lease
zpcsc Offline
Veteran Member

Registered: 08/29/05
Posts: 796
Loc: Florida
Hello, I sent a letter of Intent to the landlord, he sent another letter back with totally different terms. I discussed it with the potential tenant and we need to revise some of the terms. What is the process on that? Do I use the same letter that they sent and write in the changes? Do I speak to the other agent? I asked my broker but he hasn't replied.

Thank you.
_________________________
Zoila Perez-Chanquet
The Cardenas Group Realty
www.downtownmiamicondofinder.com

Top
Advertisements
#458692 - 08/10/17 08:16 PM Re: LOI questions on a commercial lease [Re: zpcsc]
El Luchador Offline
Member

Registered: 05/02/07
Posts: 236
Hello Zolia -
When you send an LOI to the Landlord, typically they will "red line" your LOI, redlining (crossing out) the terms they do not agree with and replacing with terms acceptable to them. It's not completely unheard for a broker to send the landlord an LOI, and they respond with their own LOI...basically they want to do the negotiations using their template document on their letterhead. From here you should redline the document as referenced above which allows both sides to track the changes. To do this to to the Review tab at the top of the Word doc, and then click 'track changes.'

Top
#458774 - 08/15/17 09:43 AM Re: LOI questions on a commercial lease [Re: zpcsc]
zpcsc Offline
Veteran Member

Registered: 08/29/05
Posts: 796
Loc: Florida
Thank you, yes, they did send their own LOI when I submitted mine. Now I know for next time. I did redline the changes and we are still waiting.

Thanks again.
_________________________
Zoila Perez-Chanquet
The Cardenas Group Realty
www.downtownmiamicondofinder.com

Top






Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Newest Members
mannycro80, ProSPM123, CarolRPhilly, Ammar Imran, Angela123
29908 Registered Users
Who's Online
3 registered (Tex, 2 invisible), 33 Guests and 4 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Long Walk 45
Vermont 23
estatereal 21
VABroker 20
Lucky Leonardo 15
Trouble 15
jreal413 9
sualk54 7
MissionJoe 7
Nasser 5
Gamin' Agent 5
Mr. Clean 5
David Hunter 5
RonnieEmz 4
King Arthur 4
Featured Member
Registered: 12/26/09
Posts: 2021
Facebook

How To Advertise Here


This site presented by RNC Internet Services