In every negotiation, remember this simple rule: if you give something, get something in return. Even if it feels lopsided, both parties are equally invested in reaching an agreement—and no one expects something for nothing.
You’re not just filling a space; you’re creating a long-term partnership. So keep the balance:
- Give a rent discount? Get a stronger annual increase.
- Give more TI? Ask for higher rent.
- Offer free rent? Charge more later.
- They want no personal guarantee? Deliver the space as-is, no improvements.
If you’re dealing with a prospect who keeps coming back for more, flip the script: ask for your “get” first. You’ll be amazed how quickly the endless asks taper off when there’s a price attached to every concession.