Andrew Russell, Commercial Property Manager & Business Development Manager at Mark Hay Realty Group, joins today's episode of PM Collective to share his perspective on commercial property management, explaining what it entails and why it is a feasible alternative for a property manager in need of a break.
[00:22] Andrew's Background – Starting the conversation, Andrew shares his background. Moreover, he outlines his perfect day and how he divides his time.
[03:36] Commercial BDM – Andrew speaks about the role of commercial BDM. Moreover, he discusses whether commercial management is easier for a property manager than residential.
[06:31] Commercial Tenants – Andrew explains the issues why a commercial tenant would need to contact the owner or agency.
[07:40] How Many - Andrew mentions what would be considered a good portfolio for a commercial manager to handle.
[09:03] Wages - Andrew agrees that commercial property managers are compensated more than residential property managers. Also, he expresses his opinion that commercial management would be an excellent alternative if a residential property manager is experiencing burnout.
[17:49] Management Transfer - Andrew describes how he performs the management transfer procedure.
[19:41] Lead Generation – Andrew discusses the source of his new commercial or residential leads.
Resources:
Connect with Andrew:
LinkedIn: linkedin.com/in/andrew-russell-34375730/?originalSubdomain=au
Keep your property managers doing what they love and outsource the things they don’t to a company that thrives on positive feedback and guarantees a premium personalised service
www.propertyassistwa.com.au
The Associates Co provides fully trained professionals to assist you with scaling your property management department. They are ready to hit the ground running! Once a luxury, VA's are now a staple in every business, whether you are managing 5 properties or 500+
Head over to www.theassociatesco.com
Todays sponsor is InspectRealEstate: They are a global software company that specialises in tech solutions for the real estate industry and are one of the most important programs in my business.
Their products are designed by agents & property managers who have been in your shoes, to allow you to be more productive and streamline tasks.
For a free demo, call 1300 942 721 or visit inspectrealestate.com.au