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You may wonder how to set your fees if you are a real estate agent offering commercial, industrial, and retail property management services. Every property is different, and the requirements of each property management approach should be tuned to satisfy the clients and the property demands. What is your fee structure and schedule in property […]
When you are to take on a new commercial or retail property management appointment, the fees that you set are critical to the ongoing services to be provided to the client and the profit of your property management division. In this podcast today, you can learn about the importance of setting the right fee and […]
Learn how to consider all the facts in commercial real estate property management. Set your fees in the right way allowing for the pressures of the client, the property, and the location. In this video I talk about the various ways to look at fees and how to compare the important factors of property control. […]
When you analyse commercial real estate brokerage as an industry, you will soon see the multi layered benefits in sales and leasing of a professionally skilled commercial and retail property management team. What is the focus here? A well-serviced property management portfolio will be a stable source of brokerage clients, income, and property listings. That […]
So, a client asks you to manage their commercial property. What do you do at that point? How much should you charge for your services? So many agents and brokers make mistakes in setting property management fees. They adopt some formula of a percentage fee taken from the passing income for the property. What […]
The strategy behind growing commercial property management fees will always be something separate and different to the commissions and the fees that you can get from sales and leasing activity. Any real estate brokerage business plan and team structure should consider the different fee types and the unique strategies required to grow those channels of […]
The process of pitching and presenting to win a commercial property management is quite special. A good property management appointment is one where you match your services into the clients investment targets and property challenges. There are things to look at including: All of these things present issues of management and control. Some of these […]
In commercial real estate brokerage, your rent roll can be a massive source of opportunity. Over time you can create further commissions from leasing activity, and sales activity. A special note should be made here that the fee structure that you set for any property management listing appointment should take into account the other fee […]
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 […]
Many commercial agency principals and brokers will know that their rent roll or property management portfolio is a critical part of their business. The income stability and commission opportunities that come from a rental and property management portfolio are real and valuable. Over time the size and type of portfolio will give you better leasing […]
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