Many of our electric work vehicles are used in property management and property maintenance. But what exactly does placer property managment mean? We clarify the concepts and explain the difference between technical management, financial management and administrative management. Come along!
Residential buildings, office premises, commercial spaces and industrial properties all have one thing in common – they all need regular supervision in order to function optimally. The person or persons tasked with managing these tasks is usually called a property manager.
As a property manager, you are tasked with ensuring that apartments, offices and industrial premises look good and function as they are supposed to – from day one. At the same time, it helps to maintain the value of the property, and ensures that, for example, energy and climate are always optimized to keep costs down.
There are several different types of property management. All of them have in common that they are important for the large property stock in our long country to do well. The three most common types of property management are:
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Technical management: What one might first associate with property management, the day-to-day operations on site? Technical management includes everything from supervision and care to maintenance of buildings and all technical installations that are in and around the property in question. This can, for example, concern lifts, gates and access systems.
Administrative management: Honest office work if you will. Here we include all services relating to tenants who live in a multi-family building, for example. It may be about rent negotiations or rent notifications to be sent out. It can also involve contract writing and claims handling. In many ways, it can be said that a property manager here functions as the extended arm of the property owner and has as his responsibility the regular contact with tenants in the property.
Financial management: Even the financial part is important in the management of a property, as is well known. Therefore, property managers who have good knowledge when it comes to financial management are also needed. This concept includes many different things, everything from taking care of the ongoing accounting and making annual accounts to handling invoices, creating budget calculations and being responsible for renegotiations with important stakeholders.
Technical management, financial management and administrative management are all important parts of the puzzle that we call placer property managment or property management. It concerns widely different areas such as technology, work management and finance. Common to all is that it is a work area with both breadth and depth.