INTRODUCTION
welcome to our website, the all-new site for property and management. As experienced professionals in this industry with over twenty-five years of practice in the field of marketing, education, management, research and development, we hereby give you tips on the new trends in property management.
In the last 20 years, urban growth and development has been tremendous. Cities have grown from an average of 100thousand settlements to several millions of residences in these towns and cities. This has led to an increase demand of housing and other real estate property and urban public utilities.
The result has led to many social, economic and physical challenges for the real estate surveyor, the urban and regional planner and all the other professionals that are involved in physical development of the environment.
This site is here to give you updates in the real estate industry and the market as well as recent developments in property management, education and research.
THE PROPERTY MANAGEMENT
Property management involves overseeing the management of residential, commercial or industrial properties on behalf of property owners or government.
They can be conducted by individuals or a dedicated property management company. The responsibility of the property management company is in the day- to- day repairs and ongoing maintenance, security and upkeep of the properties.
Others are collecting rents, handling maintenance, tenants complain and utilities. In the resent trend property management services are distributed according to the following areas:
Maintenance and repair 77%
Rent and fee collection 75%
Leasing and Advertising 73%
Property Inspection 70%
Evictions 68%
Cleaning 62%
Accounting 60%
Financial services 58%
Property sale 55%
Outdoor 52%
(Source: https://www.researchgate.net/publication/258439505̷An introduction of Property Types in Real estate Management.