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…
One thing that is a common problem in commercial property management is in getting the work done. It seems all too common that property managers are ‘swamped’ with extra properties to make up the ‘income base’. That strategy then overlooks the requirement for quality services and ongoing client growth. The secret to success in commercial…
Winning commercial property management appointments is not all about lowering fees for clients that simply want a ‘service for nothing’. If you were to accept too many of those clients into your property portfolio, the integrity and strength of your real estate business would decline. It is better to leave ‘low paying’ property management clients…
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….
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…
Here are some tips for my online friends in Commercial, Retail, or Industrial Property Management. Get a coffee and have a read of this…… Do you manage property for a difficult client? Are your fees so low that you struggle to keep up with the demands of the job due to lack of resources?…
The fee setting process in commercial or retail property management is not just a matter of using a percentage of passing income from the property. There are many other things to consider in establishing the right property management fees for the property and the client that you act for. All properties are different as are…
One of the biggest problems I see in commercial property management is in setting the correct fees for services provided. Many agents think that fees in management should only be based on passing income or as a flat fee against an ‘industry standard’. That’s the wrong way to do it. The result can and usually…
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.
