By Anne Gieseke
I confess, I am a very organized person and an avid list-taker at heart. One of my greatest pleasures is marking items as complete (yes, even grocery lists!). As a Client Account Manager at RealtyCom Partners there is a lot to track and keep ahead of, and critical to that effort is a contract management database and project management tools that support us and client objectives. Contract management systems can come in many forms (Excel, Property Management software, 3rd party provider) but thinking about all the different pieces of information that help us drive value to our clients, I believe some of the most important aspects are:
1. Is it time to go out to bid for a new Service Provider proposal at a property? Often, Service Provider agreements can be negotiated ahead of the expiration of the current contract. Knowing exactly when you should begin those discussions is important to maximize per contract value. If you’re considering changing the level of service provided at a community, such as moving to Managed Bulk-Wi-Fi, planning should take place months in advance of an agreement expiration.
2. How do we get ahead of the due diligence on pending acquisitions? RealtyCom provides preliminary […]