So often I see commercial property managers offer a very simplistic and basic service without much inventiveness. Given the complex nature of commercial property you would think that the situation would be better. Here are some facts to be remembered: A property management portfolio for a brokerage offers regular income to soften the ‘peaks and […]
Tag: fee setting
The fees for a professional commercial property management service can be difficult to set given that you really do not fully know the demands of the property or the client when the fee is under negotiation. Commonly you will find that a property will take far more time and effort from the property manager than […]
One of the biggest problems I see in commercial property management is in setting the correct fees for services provided. Many agents think that fees in management should only be based on passing income or as a flat fee against an ‘industry standard’. That’s the wrong way to do it. The result can and usually […]
