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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Commercial Real Estate Agents – Turn Market Problems into Opportunities

In commercial real estate today many agents will say that the property market has changed, and indeed it has.  The fact of the matter is that it is always changing and we as agents must live with that change.  If we want to earn good commissions and find more listings, we have to use that…

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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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Commercial Real Estate Agents – Lease Renegotiations are Fee Opportunities

In commercial real estate today, there are some significant opportunities for lease renegotiation.  Some tenants would seize the opportunity for a rental reduction or lease adjustment in exchange for some benefits back to the landlord.  This then says that you can through this process stabilise the tenancy mix, and rebalance the property for the longer…

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Commercial Property Agents – Prosposal and Presentation Strategies You Must Use

In commercial real estate, it is frequently necessary to create and submit proposals for the sale and lease of properties.  Every property owner or potential client will have special needs and conditions to feed into the proposal structure.  That being said, the proposal to sell or lease a commercial property should be quite specific and…

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Commercial Property Managers – End of Month Reporting Tips to Landlords

When it comes to managing a commercial or retail property, the landlords that you work with will have specific needs and requirements for the monthly report.  In the monthly report certain things will need to be monitored and tracked to ensure that errors and omissions do not ‘slip through the cracks’. Many a property manager…

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Commercial Property Managers – How to Prepare a Budget for Your Property

When you manage a commercial or retail property, the budgetary process and assessment will be a frequent part of the property performance and monitoring system.  An accurate property budget will help you with the overall property performance throughout the year.  That being said, the budget that is created for a property needs to be completely…

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Commercial Property Management – Rental Growth Strategies

When it comes to managing commercial and retail property, it is very important to optimise the income for the landlord.  The income for the property should be looked at both individually with separate leases, and across the entire property and the tenancy mix. At the beginning of every financial year, there should be some form…

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How to Do a Commercial Property Management Proposal

In commercial and retail real estate, it is common to be asked to do a property management proposal to manage a property that has just been sold or leased. That is usually the best time to secure a new management. The owner of the property at that time is normally quite receptive to discussing property management strategies…

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