The real estate industry includes buying and selling, brokerage, and development.
It involves various operations and transactions.
This time, we will introduce a long-term relationship in real estate investment.
Property Management Companyabout,
We will introduce the job content and role.

Does the quality of the management company determine the success of your real estate business?
It will determine the longevity of the building.

Please understand the details of the business and use it as a reference when choosing a contractor.

 

Three roles of the real estate management industry

Real estate management industry
PM (Property Management)It is also called.
By managing your real estate rental efficiently, your property will
Our biggest goal is to maximize the profits we generate.
In the real estate management industry,
Rental recruitment (leasing management)
Rental management (property management in the narrow sense)
Building Management
there is.

For small apartments and condominiums,
Perform these tasks in one company and outsource them to specialists as necessary
It takes a formality, but when it comes to large-scale buildings
Each task will be handled by a specialist.

 

Rental property (leasing)

Rental recruitment (leasing) is a part of real estate management
It is a typical riskVacancy risk
Important business to controlis.

When you receive a notice to move out from a tenant,
Visit a real estate website to find new tenants
Posting information or posting
We advertise and promote the following:
When a prospective tenant appears, they will view the room,
Explain the contract and handle everything from contract procedures to delivery.
Consistently supportive.

If you are a company that manages a lot of rental housing,
There is a clear distinction between busy and slow seasons.
This is one of its characteristics.
From February to March, September, and November, when many people move
December is the busiest month, but other months
It is relatively spacious.
When the lease agreement is concluded,
Brokerage fees from both the owner and the tenant,
It is common to receive advertising fees from the owneris.

 

Rental management (property management in the narrow sense)

Rental management is property management in the narrow sense
Also known as,With tenants
Daily response tasksis.

Specifically, requesting and receiving rent,
Renewal of rental contract, confirmation and settlement at the time of moving out,
Resolving tenant disputes, inspecting and replacing shared facilities,
This refers to cleaning etc.

Inspection, cleaning, rent collection, renewal work, etc.
Routine work, according to schedule
However, problems do occur suddenly.
Disputes caused by noise and vibrations from tenants,
Water leaks and equipment failures
Graffiti, illegal dumping, earthquake and flood response, etc.
The types of problems vary.

How to maintain trusting relationships with owners and tenants
A rapid response is required.
To accommodate these tasks,
Rental management companies take 5% to 10% of the rent.
Received from the owner as rental management feeMasu.

 

Building Management

Building management is also called "Birumane".
Building repair workWe undertake the following.

Building management is mainly carried out according to a long-term repair plan.
Roofs, exterior walls, structural parts, electrical equipment, piping,
Regularly inspect elevators, etc.
If we find a defect, we will repair it.
In addition, roofs, exterior walls, stairs, drainage facilities, etc.
High pressure cleaning and cleaning are also part of the job.

Well-managed apartments and buildings are
The building's performance will be maintained even after 10 or 20 years,
Improving resident satisfaction and
This reduces the risk of vacancy.
The cost of building management services is generally
It is included in the rental management fee.
When repairs or construction are needed
We will provide a quote for each case.To do.

 

next time"Rental Housing Management Business Law"We will introduce you to the following topics:

 


At Conspirito, we have a wealth of content on our website that you can learn from the perspective of a real estate management company.

 

The person who wrote this blog

Conspirit Blog Writer
Conspirito's official blog writer will deliver useful information about real estate.