Notes

Things I Have Learned About Commercial Property Management
When you manage a commercial or retail property for the landlord, it is possible to be overwhelmed with all the everyday things, and after that completely neglect the specific plans as well as with the landlord. They are the client after all you realize!
So how much does the exact property management client want of your stuff? The question gets more complex whenever you work with numerous clients across a number of properties. It is easy to just manage the properties and end up forgetting what the rules or targets are for every client. Day to day management gets control and pretty soon you will be making mistakes or taking actions which might be outside with the landlord's instructions. Not a good scenario.
When you're taking over a new property or possibly a property management portfolio it can be profitable to shell out some extended in time the first few months of the appointment working closely while using landlord. The process will help you to know them in addition to their points of focus. It will help the partnership while using landlord for the long term.
Property managers that overlook this landlord connection factor can lose the confidence and trust in the landlord, and shortly the exact property management process becomes difficult; possibly even having a 'them and us scenario'. From that point onwards this stuff usually happen:
The landlord does not respond to your requests and communications.

The landlord doesn't decide to try the ideas and methods you place forward although ideas are well founded.

Lease negotiations are slow or the landlord brings in another agent to complete the leasing to the property.

The tenants talk direct on the landlord because they know they could get yourself a response. They feel the landlord is their friend.

The landlord makes decisions on maintenance when and when they wish to, with little mention of you as the house manager.

Just about everything you put forward like a recommendation about the property or perhaps the tenants is declined or delayed.

Payment of accounts becomes tedious and protracted. The landlord really wants to check everything before you pay money from the building funds.
see page what has happened here? It is a prime case of poor connection and trust along with your client the landlord. It usually is really because property management handover and subsequent management processes haven't given the landlord confidence you are the right manager for that job. They feel that they need to have a more face to face approach in the home.
Take several steps back and look at one key factor; the landlord owns the house and has significant financial commitment and risk locked into the house. When you really accept that, the property management process becomes more centred for the landlord and their plans. The landlord's property becomes your property and also you manage it with more focus on detail given the landlord's instructions and methods.
Website: http://www.masonre.com.au/