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…
If you manage or lease commercial or retail property, the compilation of a budget for the property every 12 months will be a standard and essential process and part of your property management duties. The budget will allow you to track the income and the expenditure activities within the property for the property owner. You will…
As a commercial real estate agent, you have a requirement to inspect commercial properties regularly. The same process also applies to retail properties although in that case, the information in the inspection process is far more complex and detailed. For this very reason, it pays for you to create some checklists to use in the…
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…
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