Does third party management make sound business sense in the property sector?
This week Red Rock Facilities management explain why it is the better option.
With the seeds of economic recovery still slow to take root, landlords and property owners are heading into another winter with cost reduction still very much front of mind.
In these straitened times, property management contracts understandably come under scrutiny. Businesses of all types seek to protect themselves against future uncertainty by reducing operational costs, putting all third-party services under the microscope – do we really need this? Is this something we could do ourselves? Are we getting best value?
The short term incentive to streamline spending can, however, cloud judgement regarding the value third party services offer in the long term. Property and facilities management is not as straightforward as people assume, entailing much more than answering reports of issues from tenants and carrying out routine maintenance.
Specialist property management companies are not just glorified caretakers – they exist because they have the expertise and skill sets to help their clients increase operating income.
Red Rock Facilities Management, experts in property management, explain and Here’s how.