Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Managers Real State Property - Create a Tenant Retention Plan - Part 2

By Gurgaon Property Subscribe to RSS | December 2nd 2011 | Views:
loading
 
  



Tenant retention program quality

A tenant retention program is an improvement in the leasing or management services provided by the real state property broker. This is the structure of a tenant retention program that could be applied to the mixture of lease in a retail shopping center:

1. All lease documents must be reviewed so that the key dates and critical performance issues flagged for follow up.

2. Any lease agreement relating to the performance of the tenant or the realization that the owner must be documented for the correct implementation of the right time.

3. Identify leases have upgrade programs as part of the occupation of tenants. These dates must be satisfied that the property retains a look of quality.

4. The requirements make each good lease should be reviewed, as it will have an impact on the pre-grant period expiration. All provisions of repair must be satisfied before the contract expires.

5. Any future rent reviews over the next two years should be marked for execution and also controlled by the type of review to apply. Any market analysis will be critical to the benchmarks of the rental market within the property and have some impact on the value of property in general. All revisions of market rents should be negotiated in a timely manner, due to the local housing market.

6. Tenants within the property must be grouped in the categories of anchor tenancies, leases desirable and leases do not really matter for the performance of the property. Each lease negotiated with each type of lease will be treated differently.

7. Close contact should be maintained with tenants in the building. The pressures of occupation in relation to the expansion or contraction must be identified early. Otherwise the movement will look for another tenant and property owner to another. Other agents and property managers will always talk to their tenants in an attempt to pass their property.

8. Tenants who are under financial pressure should be checked for its stability and its relevance to the future of the property. Maybe some simple rental assistance for the next six to 12 months will receive through their financial pressure. It is best to keep a good tenant to create a vacancy in the housing market.

9. As part of the retention program, it is desirable to establish benchmarks with the rent and expenses that apply to leases. This helps the leasing process and fast tracks of any lease or lease negotiation.

10. If a vacancy occurs on the property, occupancy short term lease with existing tenants others should be encouraged. This prevents the vacancy affect the image of the property in the eyes of the customer.

Rental programs with good retention characteristics close communication and relationship with all tenants and real state property. When they know the owner and property manager is there to help, occupation and future stability rental makes it much easier.

Gurgaon Property - About Author:
Author is an associate editor for Gurgaon Property.Get all possible information about Gurgaon Real Estate.we also provide information on buy, sell, rent residential apartment, plot, house, commercial properties in Delhi/NCR.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/real-estate-articles/managers-real-state-property-create-a-tenant-retention-plan-part-2.htm

Related Real Estate Articles Subscribe to RSS

Delimitate facilities with affordable investment in residential property
Published by Bhubaneswar Property on May 14th 2012 | Real Estate
The most prime factors for choosing flat at Bhubaneswar are very good communication, close to IT Sec...
 
Choosing trustworthy property consultant is beneficial
Published by Deepti on May 4th 2012 | Real Estate
Mohali is a full-fledged market of real estate. It is major part of tricity though it has now a sepa...
 
Tips on running a commercial property management firm
Published by Carolmoore on March 1st 2012 | Real Estate
Owning property can make you set for life. Considering the high prices of land, owning a piece can b...
 
London property market expected to defy national downward trend
Published by John M. Alcorn on February 27th 2012 | Real Estate
It is booming and blooming in the UK property market if you know where to look. Activity in the prop...
 
Equity for buying strata property investment
Published by Chris Whelan on January 3rd 2012 | Real Estate
Equity in strata property is helping most to fulfill their dream of owning a property and can save m...
 
Best price property for sale in Mumbai
Published by Andy Wagon on February 14th 2012 | Real Estate
Owning a home is more than one can indeed serve as an investment in the future, especially if house ...
 
How to choose a good property in Bangalore
Published by Andy Wagon on February 15th 2012 | Real Estate
If you currently want a property and were looking for, then there are many references that can be us...
 
Relying on the property solicitors is must and knowledge to be acquainted with
Published by Hemton Thomas on February 4th 2012 | Real Estate
The majority of people put their property on the market with property solicitors....
 
Port Washington property a true place to gamble your money
Published by Jack Smith on July 17th 2012 | Real Estate
People are ready to gamble their money, but everybody wants to make good money from their investment...
 
Locate a property in Kolkata of your Choice
Published by Simmie on November 30th 2011 | Real Estate
Looking for a property in Kolkata? Ever looked up a classified ads web portal in the property sectio...
 
Real Estate property in jaipur, Rajasthan
Published by Mohit Singh on May 29th 2012 | Real Estate
RealPropertyIQ has seen development in real estate but the real estate pundits proclaim by everythi...
 
Online networking and property selling
Published by Matthew Watson on May 21st 2012 | Real Estate
There are many e-portals, which provide details on properties for sale. Anyone who wishes to put his...
 
 
Why you should rent a property for your family?
Published by Andy Wagon on February 15th 2012 | Real Estate
To determine which properties are good indeed quite difficult, especially when some properties are n...
 
Want a sound investment advice? Opt for property investment
Published by Sophia Milller on December 13th 2011 | Real Estate
There are people that earn their living only through rents received from their properties. When the ...
 
Get the best value of your property with Folsom Property management
Published by Nishaidhijames on August 23rd 2012 | Real Estate
Sale and purchase of property is an important part of man’s life. A person always tries to buy a h...
 
Get a good office property in Gurgaon
Published by Atul Sharma on May 21st 2012 | Real Estate
The article is based on real estate property in Gurgaon. It talks about how you can get a good prope...
 
Port Washington NY real estate turns up as hot property destination
Published by Jack Smith on June 15th 2012 | Real Estate
When it comes to property one question that comes in mind is that how much that thing worth to you. ...
 
Port Washington real estate is one time solution for all property queries
Published by Jack Smith on June 15th 2012 | Real Estate
Anyone can have lot of queries when they go for property dealing. But your all queries resolved with...
 
Why one should invest in property in Greece?
Published by Greekexchange on January 10th 2012 | Real Estate
Greece is one of the most beautiful places in the world; people from all over the world visit this c...