city buildings on skyline

People that choose to become commercial property managers should respect the need for specialised knowledge and control in the job. It is a focused career and it is totally different than commercial property sales. In most cases, the character of a commercial salesperson is not ideal for commercial property management; the skill mix is very different.

Landlords need property managers that can analyse the property performance currently and then provide strategies to take the property forward. It is not unusual for a property to have its own business plan and for that document to be created by a property manager for the landlord.

 

Split up and Specialise in Property Management

In the basic sense, commercial property by type will be either that categorised as office, retail, or industrial.

Beyond that, there is a need to fully understand the variables of:

These skills can be learned and developed by the individual. That then allows the real estate business to be more diversified and supportive of property owners and investors that wish to move beyond residential property.