For all but the largest of developers, the marketing and leasing of the project will be through an external broker. Given their special knowledge of the target market, it would be most beneficial for the developer to bring the broker into the development process during which of the following stages?
A) Design
B) Financing
C) Construction
D) Operation

Question

Quizplus · Accepted Answer

Bringing the broker into the development process during the design stage will allow them to provide valuable input on the target market, including what features and amenities will be most attractive to potential tenants. This can help ensure that the project is designed with the target market in mind and increase the likelihood of a successful leasing effort. Waiting until the financing or construction stages may result in missed opportunities or design choices that are not well-suited to the target market. Bringing the broker in during the operation stage would be too late to have a significant impact on the success of the project.

For All but the Largest of Developers, the Marketing and Leasing