A quality property management company will ensure that your commercial or residential property is filled to capacity with reliable and trustworthy tenants.
How a property management company could improve your business
1. How a Property Management Company CouldHow a Property Management Company Could
Improve your BusinessImprove your Business
2. While the exact services provided will
vary from company to company, there
are certain things that you should always
look for in a commercial property
management company.
3. Filling Your Vacancies
A quality property
management company will
ensure that your
commercial or residential
property is filled to capacity
with reliable and trustworthy
tenants.
4. Collecting Rent
Each property asset management company will have its own
procedures and systems in place in order to insure that rent is
collected in a timely manner.
5. The accounts payable role of the management company,
explaining that the property manager will need to use the
funds collected to pay all of the expenses linked to the
property.
6. Maintenance and Repairs
This method can be time consuming, costly, and you run
the risk of hiring a subcontractor that is not qualified or
capable of the work.
7. Record Keeping
Rent collections and arrears
Health and safety compliance
requirements
The status of leases and renewals
Service charges and accounts
Income and expenses