Image Source: Unsplash There is only one way to keep a commercial property looking its best, and that is through remodelling. It can be a daunting experience, but if you or your client is looking for a good place to start, the bathrooms are a great place. Nothing will date a property like a rundown…
The commercial property management process can be quite special, and certainly so when you are involved with a complex office building or retail shopping center. I have given you a chart here to understand matters. There are many things to think about and cover over a working week and a monthly reporting period. The clients…
A commercial office property will occasionally develop performance issues. Managing property activities and results will always be an ongoing task. So, the property manager and landlord should work together to strengthen and resolve any issues with property performance. So how can you rehabilitate a property that has challenges? A through awareness of the property, the…
When you manage office, industrial or retail property, the outgoings management process is critical to cash flow and property operations. Like it or not money has to be spent on many different things in investment property and at different times of the year; outgoings management is part of that process. A budget will help you…
To be successful in attracting inquiry in commercial real estate brokerage, every exclusive listing should be exposed to a dedicated marketing system that is comprehensive and complete. Any open listing by contrast is more of a process of luck; don’t spend too much time on marketing those listings. What is the best selling marketing system…
When selling or leasing a commercial property today, its improvements will significantly impact the interest of both the buyers and tenants. A well-maintained modern building will, therefore, have advantages over older buildings when it comes to attracting prospects’ attention. I have compiled a list of most of the improvements in a commercial building that will…
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