Property Management Consulting for Real Estate Agencies
At Build Your Rent Roll, our property management consulting services focus the Principal’s attention on building and managing a successful property management division.
Principals often focus the majority of their time, money and marketing on generating new listings for sale, and frequently the property management division becomes a secondary priority.
Managing a property management division can be stressful and time consuming for many real estate agencies. If not managed correctly, the effect can be seriously detrimental to the brand. Costing future leads and, unfortunately, in some circumstances, the business.
Successful real estate agencies understand the importance of running a profitable rent roll alongside a strong sales portfolio. It is the one asset that can be sold as well as generate regular income.
How Do You Build a Successful Property Management Portfolio?
Our property management consulting services help and advise real estate agencies that are considering the benefits of starting or growing their property management portfolio.
To run a successful rent roll, using proven systems and employing motivated and highly experienced people who use their skills and knowledge can make it easy for any agency. This will also attract appropriate and desirable properties geared to providing between 4%-7% return.
At Build Your Rent Roll, we work with the Principal to implement proven property management strategies to manage and grow your rent roll, including:
- Setting up systems & structures
- Recruiting and managing the right people in the correct role
- Providing team support
- Assisting with a business strategy and plan for Property Management
- Incentive programs
- Reviewing financial profitability position of the Rent Roll
- Time management procedures to increase staff efficiency and business profitability