How to Choose the Right Commercial Property Management Software Solution

In commercial real estate brokerage today the property management division of your business will need a dedicated and specialised property management software program to control asset performance for the clients that you serve.  There are many different software packages around, some of which are of the highest quality, whilst others are very average. Quality is…

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Why Confidence is so Important in Commercial Property Management

The clients that we work with in commercial property management expect experience and confidence in the managers that they use.  Those clients like to know that the person chosen to manage their property can handle the variables of income, expenditure, tenant mix, and lease negotiations. So why worry too much? The experience and confidence in…

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Commercial Property Management and Leasing – Tenant Fitout Standards are Really Important

When it comes to vacancy leasing within an investment property, the fit out standards that you set and work to are very important.  Those standards will help you when it comes to ongoing occupancy and property presentation.  Over time a property controlled in that way will maintain its appearance and its leasing standards.  That then…

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Commercial Real Estate Property Managers – Achieve Your Goals In Landlord and Client Meetings

When you work with investment property clients from a leasing or property management perspective, it pays for you to set defined goals that match the client’s targets.  Unfortunately some agents have little or no idea what the client is targeting for their investment over time; that then leads to slower negotiations and leasing problems. When…

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Important Facts to Know in Undertaking an Outgoings Audit in Commercial Property Management

Once a year it is necessary to create an outgoings budget for any commercial investment property under management. After the budget has been created, the outgoings should be checked and managed to the budget over time; that is the job of the property manager. An outgoings audit will help establish an efficient and relevant budget…

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Excellent Commercial Property Management Handover Tips

In commercial and retail property management today, you should have a very definite handover process that you can implement simply and effectively.  This can be a significant strategy to capture the required information relating to the property, the client, and the location.  In this way you can move ahead accurately to protect the income and…

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Set New Standards in Commercial Property Management Services

In commercial property management it is easy to fall into the same basic management model with all of your properties and clients.  That can be the wrong thing to do, given that most properties have differences and challenges that all need to be adjusted to. To get a reasonable management fee and keep the client…

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Time Management Tips for Commercial Property Managers

If you work in commercial or retail property management, you are likely to be very busy most of the time. That being said, the problem needs to be controlled. It is interesting to note that many professional property managers over time become quite frustrated with the momentum that they are trying to achieve in portfolio…

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How to Find New Commercial Property Management Clients

In commercial and retail property management, you should have a process and a system to help you attract new property management clients. Over time the income from the management portfolio will support the agency and provide stability when sales and leasing activity is low.    Here are some tips from our Newsletter. There are a…

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It is Worth Training a New Commercial Property Manager in Your Agency

If you have a need for a new commercial property manager or perhaps a retail shopping center manager, is the training process of a junior person worth it or should you employ an experienced person for the required role?  You can go either way but the strategy is different and your choice will have to…

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How to Be a Better Commercial Property Manager

In commercial property management it is easy for a manager to get tied up in the daily events of the property and the client.  Quite soon they are just doing a job rather than providing a professional service.  The pressures of the job soon take over and the ‘bigger’ picture of property performance gets lost…

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Time Management Tips in Commercial Property Management

When you work as a commercial real estate property manager, there are certain things that need to be done every day to help you stay in control of the portfolio and clients that you work for.  This segment of the industry is quite busy and challenging in many different ways.  You will be balancing issues…

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Tips for Managing a Commercial Property Today

The management of a commercial property can be a complex issue.  There are things to consider and plan for.  The management process simply doesn’t just involve the collection of rent.  There are many other things to do.  A skillful property manager has to be chosen for the property type based on experience. The larger the…

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Commercial Property Managers – Check Out All Your Leases and Default Provisions in New Managements

When a commercial property manager takes on a new lease and property to manage, I usually tell them to spend a good deal of time reading the leases before they form an opinion about the property and the tenant mix. The fact of the matter is that any and all leases in the one property…

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Income Management in Commercial Property Management Today

When it comes to commercial or retail property management today, the income for the property should be optimised given the particular property, the landlord, the property market, and the financiers.  In saying that, income in a commercial property is a number of things, all of which require careful strategy and planning. Here is a list…

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