Tuesday, April 12, 2011

Management of Buildings

In the skills of agencies or property managers include stewardship or administration buildings of condominiums. One very popular with owners.

Rent real estate assets is not without risks. The problems are many and rental of all kinds. Find more creditworthy tenants, establish a lease, make an inventory of entry and exit, handle renovations and maintenance to ensure that tenants are comfortable and they leave not establish the accounts. The management of a building, it has a flat, a few or several tens application availability that owners do not always. That's why estate agents are taking orders from managers on behalf of clients, whether public or private.

Many advantages
For individuals who engage in real estate, it is not easy to think at all, receive all complaints from tenants. Entrust the management of his property to a board or real estate agency also has the advantage of management in respect of legislation.



Moreover, in most cases, this office management added insurance that pays the unpaid rent and the damage committed by the outgoing tenant. The costs of the trial and execution are supported by the insurance company of the management. These guarantees apply from the moment that the management chooses and prepares the prospective tenant lease.

Condominiums, a new way to buy
The administration of condominiums, as to tackle a very different task. If the building management, the management contracts involved in the entire building, which includes condominiums, they are not inside the apartment. They are responsible only to deal with common parts. It must be said that when the building has multiple owners, a mediator is sometimes necessary. It's the whole point of the concierge, it is the intermediary between tenants and owners or between owners.


Condominium sales are booming. It must be said that apartment rents in direct competition with loan repayments for the purchase of a condo. Indeed, when comparing the rent for a new apartment and the amount of repayments of a loan for buying a similar apartment, it is worth buying if the former exceeds the latter. The administration of the condominium becomes an important part of the business and real estate boards.

Whether the building management or administration of condominiums, the ultimate goal is the same: to relieve owners of heavy tasks in which they are not specialists.

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