carmencs  /   January 26, 2024

Yes, that is a pain point of ours when it comes to managing our leases. How much time does my management team need to commit to the Corporate Services broker to realize the value of the services?

That is up to you! Think of your Corporate Services broker as part of your company. Initially, they will need all your leases so they can abstract and understand the status of each of them. Your broker will need to learn about your company and understand the short- and long-term goals so they can devise the appropriate strategy. Once the strategy is in line and accepted by company management, your broker will begin executing on that strategy.  To maintain the execution and make tweaks to the strategy as needed, regular calls will need to take place to assure continuous alignment. The frequency of calls depends on the volume of the project and can vary from company to company.