Commercial Property Management Skills Resources by John Highman
When you work in commercial real estate property management or shopping centre management, you will know the importance of a good property handover from other clients or agents. If you are on the receiving end of the handover you really must be careful and prepared for the event. The handover process is the only time…
When you manage commercial property, you should be quite selective as to the properties that you take on and control within the agency. The fact of the matter is that low quality properties will take more time to manage than good properties. As you would expect, low quality properties also produce low fees. It is…
At the risk of offending all other property managers, I am going to say that commercial and retail property managers work really hard. The complexity of what they have to do every day is broad and deep. They can (or should be) very smart people. All of this being said, a manager chosen for the…
When it comes to managing a commercial or retail property today, the energy management of the property can be a very big issue. Energy can take up a very large percentage of the operational costs of the building. There are two types of outgoings in a commercial or retail property. There are the ‘controllable outgoings’…
Commercial property management listings are something that many agencies will look for. The fact of the matter is that a property management client or appointment will provide significant opportunities in leasing and sales for the agency at some stage in the future. In the meantime, a commercial property management appointment will provide reasonable fees to…
Many landlords are too focused on income and rent growth as part of owning a commercial property. The important issue in this property market is getting a tenant that can bring stability to a property. At a time when vacancies are generally many in number, the number of properties that the tenants have to choose…
It has been an interesting 12 months in commercial real estate agency this year. As we move into 2013 it is time to reflect on just where we have come from and decide where we are headed as agents. At the end of 2012 we can now reflect on the things that we should be…
It is easy to misunderstand commercial or retail property management and the important role that it can play in the performance of a property today. It is also easy to misunderstand or underestimate the importance of skill and knowledge when it comes to choosing the right person to be a property manager of important property. …
When you work as a commercial property manager or retail shopping centre manager, the property management system that you provide to your clients should be optimised for each property requirement. This then says that every property will have the unique controls and reports that a client requires. This is not for the ordinary client, and…
So many property managers graduate to commercial property from residential property. The fact of the matter is that the transition is very hard; the property type is different and the management style and requirements are quite unique. If this sounds like a challenge that you are going through or about to take on board, rest…
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