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Downstream Processes- Commercial Property Management - Coggle Diagram
Downstream Processes- Commercial Property Management
Property management takes over managing the new property
Is the property leased?
Will PM handle maintenance?
NO
PM handle financial management
PM keeps broker on retainer for when leasing is needed
Client wants to sell
Broker aids in selling of the property
Do the new owners want to keep PM?
YES
1 more item...
NO
1 more item...
YES
PM sets up contracts with preventative maintenance vendors, contractors, legal team to assist with property
YES
NO
PM/Broker to market and lease out space
Is build out necessary for new tenant?
NO
YES
Find architect, contractor, vendors to complete build out