Property Management Services in the US - Procurement Research Report

Property Management Services in the US - Procurement Research Report

  • January 2022 •
  • 29 pages •
  • Report ID: 5469359 •
  • Format: PDF
Abstract

Property Management Services Procurement in the USCommercial and residential property owners, including government agencies and educational institutions, often procure property management services in order to transfer the management of a real estate property to a third party. The chief responsibility of a vendor is to represent the property owner when interfacing with the tenants of the property, particularly for the collection of rent. Property owners may delegate additional tasks to the operator, including the payment of necessary expenses and taxes, property maintenance and cleaning, securing the building and leasing vacant units.
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