Commercial Real Estate

This Buyer's Guide is currently being updated. We apologize for the inconvenience. In the meantime, you may find these general purchasing tips helpful in making your decision.

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Buying tips

  • Involve the affected. Even though it can take time to involve multiple people in the purchase, doing so can help ensure your purchase becomes well integrated.
  • Make the most of references. References can be a tremendously useful source of information about your potential vendor. Ask them specific questions about what works and doesn't work with the vendor. To ensure a similar experience, speak with businesses comparable to yours.
  • Keep long-term needs in mind. Build in flexibility to expand or decrease your system or service commitment in future years.
  • Flesh out all the fees. Very attractive pricing that is asterisked with "additional fees may apply" should be thoroughly investigated before you sign up.
  • Avoid long-term contracts. Think twice before signing contracts that last more than two to three years. Due to the constantly evolving nature of purchases and pricing, there are few if any purchases where securing a long-term commitment makes sense.
  • Flesh out all the fees. Very attractive pricing that is asterisked with "additional fees may apply" should be thoroughly investigated before you sign up.
 
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Advice & Tips

    Our Buyer's Guides, columns, and other articles will help you make smarter purchasing decisions. Visit our Purchasing Resource Center.


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