EAST WEST PROPERTY MANAGEMENT PROCESS

•     Defining Property Management
•     Leasing and marketing
•     Overseeing financial operations
•     Operating the property
•     Supervising personnel
•     One title, many skills
•     Monitoring outgoings for the property and making payments out of the income from the property;
•     Preparing budgets and maintaining the financial records for the property;
•     Enforcing the terms of leases and other agreements pertaining to the property;
•     Advising on sale and purchase decisions;
•     Advising on insurance matter;
•     Advising on the opportunities for the realisation of development or investment potential of the property; and
•     Advising on the necessity for upgrading the property or for the merging of interest.
•     Showing vacant space to prospective tenants
•     Negotiating leases with tenants and their attorneys
•     Keeping in contact with current tenants to ensure that they are happy with the property
•     Hiring and supervising a staff that may include other property managers and maintenance personnel
•     Working with vendors to acquire the goods and services a property needs to operate
•     Developing a budget estimating possible income and expenses
•     Keeping financial records for rent collected and money spent
•     Analysing competing properties to better understand the best way to market the property
•     Working with lawyers to evict tenants who do not pay their rent or who violate other requirements of their leases
•     Getting bids for and purchasing insurance, environmental consulting, security and other services needed for building operations
•     Advising the owner when major repairs or renovations of the property are needed
•     Assisting the owner in deciding when to sell the property


The East West Team offers asset, property and facility management services including:

«     Market research
          — Finding potential tenants

«     Showing the space
          — Qualifying the prospect

«     Negotiating leases
          — For the best terms and the most reasonable rent

«     Leasing and marketing on the internet
          — Multinational properties

«     Record keeping
          — Even though the actual record keeping is handled by bookkeepers or clerical personnel, the property manager must keep an accurate, detailed account of all income and expenses.

«     Budgeting
          — Developing an annual budget for a property that based on both past experience and anticipated future performance

«     Tenant relations
          — Sustainable relations with tenants

«     Ongoing relations
          — A tenant newsletter
          — Tenant events
          — Organising needed services
          — Regular visits with tenants

«     Tenant relations
          — Sustainable relations with tenants

«     Ongoing relations
          — A tenant newsletter
          — Tenant events
          — Organising needed services
          — Regular visits with tenants

«     Problem solving
          — Handling complaints

«     Maintenance tasks
          — Effective maintenance work

«     Purchasing
          — Exploring alternative for quality and price