Commercial Real Estate Agents – Property Management Services and Solutions That Work

When it comes to agents managing commercial property today, it is fundamentally important that they provide real expertise to the process. Commercial property is complex by nature and performance. Experience and knowledge will be part of the core skill sets to be provided to the clients that agents act for.

There are a number of key factors to be controlled in the provision of professional commercial property management and leasing services, and here are the main ones:

Make sure you control the tenants within the tenancy mix so that you can optimize their occupancy in the property. A successful tenant or group of tenants will make it easier to improve the rental within the property and keep your vacancy factors lower. As part of this process the property manager needs to get very close to the tenants in an ongoing way. Regular dialogue and meetings regards occupancy and property usage will help the property manager understand developing problems and challenges that the tenant is experiencing.

The management of leases within the property is closely aligned to the tenancy mix and the plans of the landlord. Leases present certain challenges that need to be managed such as rent reviews, options, make good provisions, refurbishments, relocations, and property maintenance. Every tenant to be placed in the property should be matched to a lease that is prepared and aligned to the landlord’s property investment plans. Every lease that is negotiated should be approached on the basis of its integration into the surrounding tenancy mix. Look at the bigger picture and not just at the single lease negotiation.

As a property gets larger and more complex, the maintenance management procedures become more sophisticated and critical. A well maintained property allows the tenants to successfully operate their businesses and hence pay the rental. Regrettably a number of landlords will take shortcuts or overlook certain maintenance matters to save on property cash flow. Whilst this may be satisfactory to a point, a poorly maintained property can be easily seen by tenants, customers, and future potential purchasers. Adopt a prudent but wise maintenance management process to support the future of the property for the landlord.

The financial performance of a commercial property is a fine balance between optimizing the income and controlling the expenditure. Realistically, the income to be generated from rentals should be appropriate to the local property market but not too high where it can be aggressively destroying the tenancy mix. High levels of rental have direct impact on the tenant’s ability to trade. High levels of rental will also move tenants to other properties nearby at the first opportunity. If your local property market has an abundance of vacant space, you need to be very careful as to how you manage and optimize your rental and tenant relations.
Good financial performance within a commercial property is usually obtained by carefully establishing a property budget prior to the commencement of each financial year. The landlord and or property manager will have relevant discussions as part of putting this budget in place.

It is of note that a property with high outgoings or levels of expenditure will become unattractive to new tenants in any lease negotiation. If tenants are too worried about the levels of outgoings within the premises as part of the lease negotiation, then they are likely to request a gross rental from the landlord to remove the uncertainty of outgoings escalation.

These are some of the big reasons why commercial property management is just so special; landlords need skillful agents to help them, and not inexperienced generic agents. Agency staff and personal applied to the commercial management and leasing process should be suitably qualified and very experienced. Landlords expect the best property management service and this only comes from the right personnel exercising the correct commercial property management processes.

Finding Affordable Home Based Business Opportunities

Given the state of our economy everyday thousands of people are looking for a business opportunity they can affordably run from their home to either replace a lost income or to make sure they have enough money to live comfortably. Here’s some food for thought and a few ideas for you to think about for your business that you would like to run from home.Affordable Home Based Business Opportunities – Honest ObservationsAffordable business opportunities that can be run from home allow a person to try (test) a new system or program, without having to spend a ton of cash. Even though it would be wonderful if all of the business opportunities that you could run from home were immediately successful; the truth is, it doesn’t always work out that way.In fact, most don’t turn out to be a good fit without at least some experience. Some efforts can be quite successful but many will not be. Many times, it involves some trial and error to discover what works best for you. Business opportunities that are affordable and can be run from home allow entrepreneurs to try out a new program while not having to hand over massive amounts of money.Please don’t allow the honest observations to discourage you. Finding these type of business opportunities takes some research, time and a willingness to try new things in order to become successful. It’s totally doable with persistence as well as empowering yourself by learning as you go.Which affordable home based business opportunities should you try?That question is actually very personal since not every program is good for every person.Think about the things that interest you. Is there something you’re passionate about such as fly fishing gear, children’s education, a musical instrument etc? It will help you narrow your search for affordable home based business opportunities.To help you brain storm and further narrow your search here are a few ideas:Affiliate marketingSocial media marketingMulti-level marketingAuction salesThese and many other programs could be the right business for you and all are affordable. If you’re just starting out with online business, be sure to research each company, take your time, learn the program and apply what you’re learning to see if it’s the right thing for you.You just have to find a business that interests you, is affordable and can be run from your home. After conducting the necessary due diligence you then just have start working with that business opportunity. It does take some commitment on your part to consistently learn and grow your business, especially when you’re first getting started.Affordable Home Based Business Opportunities: The PotentialThere is amazing potential for your business that can be run from home and it’s not uncommon to make several thousand dollars a month from a business you can work at from your study, kitchen, or bedroom.If you’re truly interested in working from home, make a commitment to yourself and your business. There will be ups and downs as you’re learning. There will also be some frustration to work through.When you’re determined and if you treat this like a business and NOT a hobby you’ll be able to turn lots of affordable home based business opportunities into massive income generators and a richer, fuller life for you and your family.It does cost money to get started and you will need a marketing budget, but the barriers to entry are low. And it is possible to generate a significant amount of money with all of these. For these reasons, home based business opportunities are ideal for people that are short on money but long on determination, grit and focus.

7 Benefits of an Online Home Based Business

With the downward turn on the economy, many individuals who felt good about life in general are now looking for ways to secure their future for themselves and their family. Certain individuals are looking for a lifestyle in which they have absolute freedom to do whatever they want at anytime they so desire.If you are thinking of getting out of the rat race, taking control of your life and living the life of your dreams, whether it be at the beach, going skiing, skydiving or traveling the world, what vehicle would you use to get you your hearts desire? More and more people are turning to the Internet for the answer. If you are not sure of how great the benefits would be once you became an entrepreneur, take a look at the 7 benefits below to see if a home-based business online, is the right decision for you.1) Freedom…Think about this for a minute….. You do not need to wake up to the alarm clock buzzer. You can wake up, stroll/commute to your office (no rush hour traffic) and start your day. You can also work in your back yard, your car, at the beach, traveling the world,.. get the picture?2) Professional growth.You are in complete control of your day and productivity. You can focus with massive action and not waste time in numerous office meetings. You also get to use your other skills, marketing, management, accounting, people, sales, computer and many other opportunities. Increase your value to the world and give back to your community in consultations, education, etc.3) Less stress.Working from home will reduce work related stress from the boss, colleagues and office politics. If you feel like you need to take a rest, take a break and relax for a few minutes, then get back to work!4) Family time.Every parent wants to spend more time with their child/(ren) and because of the flexibility of a home-based business online; you can fill in easily if they are sick and have to stay home from school.5) Keep the money you make.You now have an opportunity to triple your income. You are in control. The harder you work the more money you make. So there is no need to hang around the office waiting for promotions. Save money also on gas and food.6) Less Risk.The start up costs of your home-based business online will be so much less working from home, with no office space to rent, no insurance, no payroll etc…7) Taxes.There are a number of advantages of having your home-based online business under the same roof. Deduct a part of your home’s operating and depreciation expenses on your home as a business expense. This can be a percentage of your mortgage, property taxes, insurance, utilities, and/or the expenses of household maintenance. Talk to your CPA to get more details and advice and keep more of your hard earned income.