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

Building a "Buy to let" property portfolio
Published by Jordan Beard on May 9th 2012 | Real Estate
Investing in a portfolio of rental properties in desirable areas throughout the UK is a sure fire wa...
 
Wise decision on strata property investment
Published by Chris Whelan on January 18th 2012 | Real Estate
Making right decision before investing on strata property is always praise worthy work; because ever...
 
Bookings of residential property in Gr Noida is back on track
Published by Sanjay Kumar on July 20th 2012 | Real Estate
Apartment bookings in Greater Noida close to Delhi have resumed once authorities recently approved a...
 
Greater Noida property getting costlier
Published by Sanjay Kumar on August 1st 2012 | Real Estate
In the commercial category for IT/ITES properties, consumers can ought to shell out Rs 29515 per sq ...
 
Invest on Penang property to enjoy financial security in future
Published by Rick Foster on January 19th 2012 | Real Estate
Everyone out there wishes to secure their future in terms of finances and investing on the property ...
 
HOA management- Capable providers for financial as well as property management
Published by Ema Sis on January 12th 2012 | Finance
HOA management companies shall be actual asset for communal administration amenities. They undertake...
 
Bienes raices en Aruba can provide the answers to all your worries related to your property
Published by Sothebysrealty Aruba on March 16th 2012 | Real Estate
The best way to find property in Aruba is to get hold of a real estate agent in Aruba for the best r...
 
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...
 
Mohali property offering plethora of investment options
Published by Deepti on April 12th 2012 | Real Estate
Mohali, often termed as the Eco town of Punjab, is emerging as the favorite place for property in...
 
How Booking Back After Your property is Sold.
Published by Moazzam on May 5th 2012 | Real Estate
Sometimes it’s useful to sell your house before you actually want to move. This frequently happens...
 
Lease your property for commercial strata management
Published by Chris Whelan on January 25th 2012 | Real Estate
Everyone should follow some qualified process during leasing their commercial strata management prop...
 
Real Estate Agent can be a good Profit maker for your property
Published by Mayank Gandhi on February 28th 2012 | Real Estate
feedbackhere.com: We provide easy to find Real Estate Agent for consumers vendors to make searching ...
 
Real estate agent is helpful to find suitable property to invest
Published by Glyn Jones on January 13th 2012 | Real Estate
The estate agents can be very much helpful in finding the right kind of property or investing in the...
 
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...
 
Real estate agents for your property needs
Published by Glyn Jones on June 4th 2012 | Real Estate
The estate agents can help find the right kind of properties that suits your specific requirements a...
 
Rental property- its difficult to find without estate agents
Published by Matthew Watson on April 16th 2012 | Real Estate
A proper research of the property market, its trends and different rents in different localities nee...
 
Know some facts before getting in contract for property buying
Published by John Mathews on July 20th 2012 | Real Estate
While you are looking to buy a home, there are certain things that you are to take into consideratio...
 
Get best property deals through web portals
Published by Maaya on May 15th 2012 | Real Estate
It has become a trend to buy and purchase the property in metro cities, thickly populated and it als...
 
Save your property through Landlords insurance
Published by Ashish Pandey on February 3rd 2012 | Finance
Having landlords insurance can be very advantageous for all the landlords and can protect the proper...
 
What a property Valuation Report Shows Us
Published by Ariel Linford on April 18th 2012 | Real Estate
Property valuation report is the best and easiest way to get a perfect and accurate value of your pr...