What percentage of building owners have decent floor plan drawings of their buildings when they list w/ you?

As a creator of as-built plans, I am trying to determine the need of building owners to get as-built plans made for leasing/sale purposes. Thanks.
In General Area - Asked by Square Foot S. - Feb 29, 2012
Report Abuse
Answer this Question

Answer(s)

Talmadge B.
Broker/Agent
Tampa, FL

25 to 30%

Mar 1, 2012
Report Abuse
John C.
Broker/Agent
Sparta, NJ

Usally they don't but almost always, we wind up getting they they are needed to do presentations and make decisions for the customer and the building owner. I go along with previous poster 25 to 30 %
John chambers

Mar 1, 2012
Report Abuse
Square Foot S.
San Diego, CA

Thanks for the responses. I am very surprised, I was expecting the opposite, that most owners had plans of their properties. Now I will target my marketing to building owners.
Now, a follow up question, Do most owners 'get it' when you explain to them that they need to have floor plans for you to effectively market their properties to prospective tenants/buyers?

Mar 2, 2012
Report Abuse
Rob M.
Lender/Mortgage Broker
Houston, TX

Show them the difference in a listing that has floor plans readily available vs. one that doesn't. You can walk the owner through the thought process of an agent determining if the space will work for a client.

Mar 2, 2012
Report Abuse
Michael L.
Broker/Agent
Altadena, CA

Some understand that they are needed, but are not willing to pay for it. They might expect the listing agent to come up with whatever is needed.
Others have the floor plans when they purchased the building, and the plans for when they changed the building, so kind of a composite.
You as a creator of plans will have to get listing agents on your side. The listing agent challenge is to convince the building owner to use you, but that puts the listing agent in the position of being more expensive to use than the next listing agent who says that the plans are not needed.

Mar 2, 2012
Report Abuse
Berko A.
Broker/Agent
New York, NY

If I don't get the floor plans from the owner, I visit local Dept of Buildings. Most of the time I am able to get a floor plan for the space I want.

Mar 7, 2012
Report Abuse
Chris S.
Broker/Agent
Coeur D'alene, ID

10 to 20%, but landlords generally will not pay for the service. If the space is existing, we may create a simple floor plan but that's all that is required. Most tenants just walk through the space and determine if it suits their needs or not.

Oct 9, 2012
Report Abuse
Peter M.
Owner/Investor
Niantic, CT

Less than half my clients have good site plans. Fewer have good floor plans.

Apr 14, 2013
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question