Real estate manager/ company oversees the operational aspects of the properties. They prepare financial statements, supervise maintenance workers, and negotiate contractor, supplier and vendor contracts. They may also determine rental income rates.
Real Estate Company Responsibilities
In real estate property management, the property manager or management company major areas of responsibilities are:
1. Getting Started: Introduction
The strategic management process is about getting from Point A to Point B more effectively, efficiently, and enjoying the journey and learning from it.
2. Phase Duration
1-2 weeks (1 hr meeting with Owner/CEO, Strategy Director and Facilitator (if necessary) to discuss information collected and direction for the continued strategic planning.)
3. Questions to Ask:
- Who is on your Planning Team?
- Who will be the business process owner (Strategy Director) of strategic planning in your organization?
- Fast forward 12 months from now, what do you want to see differently in your organization as a result of embarking on this initiative?