October 13, 2023

Commercial property managers often receive criticism on social media due to poor management practices. These practices often result in tenants paying high rent or lease agreement costs while living in substandard conditions. While most management managers care about their tenants, managing multiple properties can make providing adequate attention to them challenging. However, there are ways for commercial property management managers to be proactive in ensuring tenant satisfaction. Here are a few ideas you can use to help you become a more efficient property manager.

Utilize Property Management Software

Efficient and modern property management is crucial for property managers to keep up with the demands of the industry. Relying on traditional methods of rent collection and communication, such as cash or check payments, phone, or in-person contact, can be disorganized and time-consuming, especially when managing multiple properties with numerous tenants. Commercial managers can benefit from utilizing property management software designed for their specific needs to streamline the process and improve efficiency. Such software lets managers keep track of tenant information leasing contracts and even offer online payment options. Implementing property management software is an intelligent solution that can enhance accuracy and speed up the management process, resulting in a better experience for both managers and tenants.

Prioritize Routine Maintenance

As a property manager, it is crucial to address maintenance requests promptly. One of the best ways to achieve this is by hiring a regular general maintenance team to handle minor and major repairs. This team may consist of janitors, groundskeepers, and IT professionals available to assist with any issues during working hours. Although this may come at an additional cost, most clients are willing to pay for such amenities to ensure a seamless and enjoyable experience as your tenant. 

Know The Ins And Outs Of Leases

Creating a lease agreement is a crucial task, and it is essential to have a thorough understanding of its terms. This involves reviewing the lease agreement with a legal expert and getting it approved before sending it to the client. Ensuring the future tenant comprehends the leasing terms is essential to avoid any potential issues later.

Trust the Professionals at Clagett Enterprises for Your Realty Needs

If you’re looking for an experienced property management company, the perfect realtor for your property, or a professional to assist you during your purchase of any home, you can rely on Clagett Enterprises. Clagett Enterprises is a full-service real estate company with almost 30 years of experience in the Frederick and Western Maryland area. For assistance with commercial sales, leasing, management, and development and consulting, contact us online or give us a call at 301-665-6009. To meet our team and see some of our beautiful homes, follow us on Facebook and Linkedin.

 

This entry was posted on Friday, October 13th, 2023 at 11:12 am. Responses are currently closed, but you can trackback from your own site.