As the nation’s economy continues to recover from the recession, demand for apartments and condominiums has grown. More and more owners are finding that knowledgeable and professional property management teams help optimize their investment by minimizing costs.
Providing Benefits from Day One
A property management team can pay benefits beginning in the pre-construction phase. They work with developers to design marketing strategies such as on-site amenities that appeal to the desired market and provide advice on construction legal requirements.
Once construction starts, the property management team crafts a detailed operational structure for the project, saving the developer from the time-consuming process. Elements include everything from billing systems and insurance to welcome packages for new tenants.
Meeting the “Green” Challenge
Green buildings are a major priority in today’s residential structures, and property management teams have experience in cost-effective methods to comply with energy ordinances. They find resources for loans and other financial incentives to offset the high initial costs.
First Service Residential, a Chicago property management firm, recently implemented a creative cost-savings program in their properties. They ran a promotion offering prizes to teams of managers and staff that uncovered the largest savings in air venting and filtration, piping and steam traps in their corresponding buildings.
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Efficient trash management is one of the biggest everyday responsibilities for property management companies. Save time and money while reducing workplace injuries by using tugs and movers for commercial properties from DJ Products. Visit our website to learn more about our WasteCaddy, a battery-powered tug that moves dumpsters up to 5,000 pounds.
