Commercial Property Management Skills Resources by John Highman
Here are some tips for my online friends in Commercial, Retail, or Industrial Property Management. Get a coffee and have a read of this…… Do you manage property for a difficult client? Are your fees so low that you struggle to keep up with the demands of the job due to lack of resources?…
A rent roll in commercial real estate is a valuable part of the real estate brokerage business. From the rent roll you can build market share, sales opportunities and leasing income. The growth of the property management portfolio should be encouraged to occur as a priority in any real estate brokerage. Whilst it is easy…
It is a known fact that commercial and retail property managers work really hard and cover a large number of issues in the one working day. That says they should work smarter to keep things under control and thereby give clients the quality of property control that is promised. Good property managers should have a…
In commercial real estate brokerage, many things change during the year for the investment clients that you work for and connect with. The same can be said for your property management clients. On that basis there are plenty of ways that we can help with property performance and investment positioning. Leasing activity links to property…
In commercial real estate leasing, the moving of a tenant into a property is a detailed process. Whilst the leasing agent may have completed the leasing negotiation, the work continues when the tenant is entering the property. In a multi-tenant occupancy, many tenants in the same property can be inconvenienced by the move of another. …
The outgoings paid for a property that is under lease or property management control will have real impact on tenant enquiry and leasing viability. In simple terms the outgoings for a property should be carefully managed to control property performance. Here are some things that happen when the outgoings costs escalate in a property: The…
In commercial or retail real estate the tenant management process will help strengthen property cash flow and tenant mix. It therefore stands to reason that every well managed property should have a systemised tenant management process. The process itself should feature as part of a property management strategy provided by real estate brokers and agents….
Every commercial or retail property will have challenges and factors that should be well controlled by a property manager. The appropriate skills of the property manager are essential to the outcomes required. Quality properties and quality landlords require a top property management service. Inexperienced property managers can damage a property performance and cash flow. They…
In commercial property management it is common for some frustration or disagreements to develop between a property manager and a landlord. Sometimes it is a short term issue driven from a particular property problem and driven from individual lease or tenant circumstances; however it is the longer term and larger property performance issues that are…
The fee setting process in commercial or retail property management is not just a matter of using a percentage of passing income from the property. There are many other things to consider in establishing the right property management fees for the property and the client that you act for. All properties are different as are…
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