In commercial property management, if the individual manager you employ is struggling in knowledge, performance, and or client service, you will soon have a portfolio problem of one type or another. You can lose business and fees. Usually the affected client will soon become unhappy, timeliness will be lacking, errors will be made, and eventually,…
A tenant retention program in commercial and retail property management is a valuable leasing and asset management service. From such a program, you can drive more leasing fees, and keep a client relatively happy with their investment opportunities and property performance over time. The retention strategy ensures that all preferred tenants in occupancy are encouraged…
In managing a commercial or retail property, there are many things to monitor from the perspective of maintenance, lease management, cash-flow, and rent control. The best way to control things will be through some dedicated software program; there are several good programs available for review and consideration, but they all have differences and costs. …
When you manage or lease a commercial office tower or building with multiple tenants in occupancy, there are things to look for and watch as part of keeping the tenant(s) under control. You could say that the concept is a very important part of maintaining property performance and cash flow for the landlord. So the…
In commercial real estate property management and or leasing, you can develop a comprehensive lease file so that you can track individual tenancy issues and tenancy movements within a property. That is how you can help your clients as investors and or business owners; that is also how you can find some extra commissions. Your…
So often I hear of a real estate agent that negotiates a deal (sales or leasing), and then they fail to follow through with the sale settlement or lease finalisation thinking that others are doing that ‘mundane work’ on the part of the client. Just how wrong could they be? A sale or leasing transaction…
In commercial property management and leasing, the leases and the tenants in a property are critical to the income cash flow for the landlord. You as the property manager must watch for the upcoming lease changes and renewals. They are called ‘critical dates’ and they should be tracked and actioned early or on time in…
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