In 1997, office vacancy rates from Kansas City to San Jose hovered at or near a 10-year low. Like skilled labour at the time, choice office space was a scarce commodity. A business in Kansas City, Missouri, looking to rent office space should Have used a _________to help it locate the most suitable space at the best possible rate.

Question

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A broker is a professional who helps clients buy, sell, or rent properties like offices, homes, or land. A broker has knowledge of the local commercial real estate market, access to property listings, and experience negotiating lease or purchase agreements. In a market with low vacancy rates, it could be challenging for a business to find suitable office space at a reasonable price without the help of a broker. A manufacturers' agent or representative, on the other hand, deals with the distribution of goods and services between manufacturers and retailers or end-users, and a selling agent helps manufacturers sell their products to wholesalers or retailers. These roles do not involve real estate transactions.

In 1997, Office Vacancy Rates from Kansas City to San