Most commercial and retail property managers are extremely busy on most working days. Why is that? They must deal with many things across lease occupancy, tenancy mix, maintenance, and risk management daily across many buildings. Despite the pressure, they must meet the needs of tenants, landlords, and authorities. Errors can be made if controls and…
A security gate is a crucial part of the perimeter protection and access control for any industrial or commercial facility or project. In real estate, physical barriers ward off trespassers and other wrongdoers and enhance a building’s security. Effective security gate systems and designs enable flawless movement for the authorized. But to the unauthorized, they…
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…
There is plenty of competition in commercial and retail property management in most locations. It is a preferred part of the property industry for many brokerages. The cash flow from the property management fees provides stability to brokerage activities and business building. So what can you do there? How can you win the property management…
Managing a commercial property is not just about offering low fees. Many a property manager has offered low fees for the sake of attempting to win new management. The real facts here to remember is that low fees do nothing for property control and asset performance. Most poorly managed commercial and retail properties are the…
With each passing year, new technologies for commercial property management enter the market. From drones to smart lockers, you have more options than ever, and their impact on maintenance and tenant satisfaction is impossible to ignore. More than that, these tech-driven solutions are crucial to acknowledge for your continued success. If you’re going to keep…
The property management side of our real estate business offers a lot of opportunity in ongoing services and commissions. It is a matter of understanding your client base, your town or city, and the property management needs therein. Offer leasing, sales, and investment improvement services to your property management clients and prospects. In this podcast,…
In commercial real estate brokerage, you should build a VIP group of people within your database. You can serve that group specifically and directly with tuned property information of relevance. Having worked with many different types of clients over the years, I have seen some strange situations and have worked through some difficult client challenges….
The people that you employ in your commercial property management division should be specially chosen for their knowledge and skills; inexperienced people create issues in client service and property performance. That focus on people means a ‘solid track record’ in handling investment decisions, tenants, and landlord related matters. Good property managers can add considerable value…
Commercial and retail property management systems are very important in the investment performance of an asset. The ‘handover process’ similarly so. Property managers of commercial and retail buildings today are very skillful and should be so; they have to know so much about property operations, lease documentation, tenant selection and management, and asset performance. (NB…
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