How,Cost,Containment,Creates,W business, insurance How Cost Containment Creates a Win Win for you
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Property Management: A simple strategy to increase client loyalty Property managers who pro-actively employ advanced techniques tohelp property owners and anchor tenants reduce operating costs, willmost certainly be considered a more valuable business asset. Whenyou can achieve this with lower administrative functions and no out-of-pocket cost to you or your clients, youve created additional benefits. In the world of commercial and apartment properties there resides a constant un-ending challenge for property owners As a savvy professional property manager, you have the opportunity to meetthis challenge and potentially save your clients considerable money.The constant challenge of course is how to effectively controloperating costs and potentially increase the N.O.I. on any commercialor apartment property. These factors are paramount and fundamental to commercial investments and they can weigh heavily on the propertiescapacity to support preferred level financing as well as future value. In a professional setting and as an investment property owner and developer, I understand the importance and the impact that effectiveproperty management can have on real estate and property owners. The outstanding P.M. that pro-actively controls costs is the company that creates ongoing loyalty, gets referred more often and prospersfinancially. The opposite is also true! You may not be aware that you have available to you right now,a resource that you can add to your current menu of services that canpotentially and very effectively reduce your monthly administrative responsibilities in a specific area of property management and similarlypotentially save your property owners hundreds if not thousands of dollars in monthly operating expense. Every month when you are paying trash waste collection invoices, you are very likely overpaying by 20% to 50% more than you should to haveproperty dumpster trash hauled off. Contract or not, even if you believeyou have negotiated cost effective waste contracts for your properties,there is a good chance youre throwing money away. More important,owners could be throwing away their money. The waste removal business is a lucrative multi-million dollar industry.They have the opportunity to easily take advantage of customers. Yourwaste bills can be inflated through many hidden areas such as; excessivepick-up intervals, incorrect container sizing, service levels, fuel serviceincreases/surcharges, landfill increases, hidden extras and so forth. Simply asking a trash hauler to lower their fees for you wont work!The potential magnitude of this problem has been the topic in a numberof prominent publications. There is an excellent solution to address this problem which you canuse to compliment your current practice. It takes a specialist to analyzewaste removal needs, audit statements and negotiate competitive serviceseffectively. Most property owners are not aware that waste service canbe competitively open bid out and regularly audited. The only exceptionwould generally be (city contracts) where the property owner is stuckwithout options. For all others the process of auditing and negotiating waste removal services can potentially save thousands. Without any added expense or time you can utilize the specializedservices and skill of a waste auditing cost containment company toeasily and quickly verify the current status of all monthly waste bills,discover how much can be saved, obtain new service bids for anyproperty and have a cost savings audit completed and you can do all of this through the internet with a click of the mouse andno cost. Take a look at (www.wasteauditing.com/commercial). These specialists fight for commercial property owners like yoursIn the area of reducing the amounts paid haulers on a monthly basis.They can re-negotiate service contracts, audit bills, handle accounting and many other related services and take over this monthly responsibility.The best part for you and the property owners is that they work on a shared savings compensation. There is typically no additional out-of-pocket cost to the property owners or to your company. Themoney they will save you goes right back to the owners bottom line.An excellent win-win concept that you can provide for your clients with substantial potential savings in cost and a reduction in administrative duties for your company.
How,Cost,Containment,Creates,W