In commercial and retail property management, there are plenty of things to look for and monitor in the local area. Recent property transactions will give indicators that impact property performance and investment. Trends and patterns locally will help you see the changes in property returns and investment performance that will require adjustments. Strategies then come…
A high-quality property management team is a good thing to have in any commercial real estate brokerage. In referring to a team of ‘high-quality’, I mean people with the appropriate management skills and knowledge for the location, the clients, and the property types. Good property managers are hard to find and the best ones are…
The commercial property management side of brokerage business is critical to cash flow and listings supply. In this audio, learn how you can grow your management portfolio effectively and quickly. Property Management training and coaching by John Highman.
In commercial real estate property management today, you will frequently come across owner ‘self-managed’ assets. Many of the smaller-scale landlords in that category lack the expertise and experience to manage their assets effectively and directly, yet they struggle. Invariably, they cut corners and make decisions based on ‘savings’ rather than ‘property performance’. Over time,…
Every landlord of commercial and retail property today will have specific requirements for their asset. That will be in income, outgoings, operational expenses, tenant mix, and documentation. It is up to the property manager to fully understand those facts. Quality service that is matched to the client needs and property will be very important in…
In a commercial property market like ours today, property ownership and control become challenging. For this reason, your commercial and retail property managers become a key point of difference in your business. With the right marketing effort, your property managers can be a business opportunity for you and the brokerage team overall. All too often…
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