In commercial property management you can easily get ‘swamped’ by daily issues and events. Every day you can be busy day doing things that really don’t matter in the scheme of things. Yes, I know that you have client and property issues to attend to, but the real focus here should be on selective control. …
There are a couple of things about commercial property management that should be said here. Firstly, the segment of the industry is very lucrative as a source of sales and leasing brokerage business over the long term. Secondly, the property management services required today in servicing a client are comprehensive. (N.B. these ideas are also…
When you manage a number of commercial or retail buildings you should have a maintenance routine established in the office and within the property management team so that tenant and landlord requests for maintenance can be handled effectively and correctly. So this is a business system within a property management team. Ultimately this can mean…
In commercial real estate brokerage, the use of a tenancy schedule for property control is quite common when it comes to larger office, retail, and industrial properties. That being said, there are some dangers to understand with the scheduling process. The schedule itself should contain the entire relevant lease and tenant detail for the asset…
In commercial property management and as part of any property handover it is essential that you check out the supply agreements that apply to the maintenance undertaken in the property. There will be issues to understand including services offered, costs, and frequency. Talk to the building contractors as part of the property handover, and check…
Commercial property management is a professional service usually provided by experienced property professionals to their clients as part of a comprehensive real estate service. In a commercial real estate brokerage, a property management service sits well with other services such as investment sales and property leasing. So why provide this service when the commissions from…
Here are some ideas to help Commercial Property Managers control their job effectively and the assets that they manage for their landlord clients. Understand the factors of reporting as they apply to commercial real estate today. There are plenty of challenges to monitor when it comes to commercial property and Commercial Property Management. The same…
Commercial real estate is a bit different when it comes to property management. In many respects you are dealing with multiple tenants as part of one big income cash flow. The process takes a lot of focus and effort. The property managers that you apply in your real estate agency to a client’s portfolio should…
The tasks you undertake vary when you work as a commercial or retail property manager. It could be said that commercial and retail property managers are the busiest in the property industry (ok, so I am probably biased). On that basis, they have to be intelligent, diligent and driven. The top property managers are like that. Property…
When you manage commercial or retail real estate, you really do need to know what’s going on with the property every day of the week. Regular inspections and meetings with tenants will be part of that. In larger properties under management, many things can happen daily, challenging your organization and business skills. The diversity of the…
We like Commercial Real Estate and hope you do too! Join us here for free resources and updates for agents & brokers worldwide.
We will never share your information.
