If you are looking for a new commercial property to rent or own, or you already have a location, your next step may be to look for the right commercial management company. Either one of these tasks is no easy feat, as many realtors and commercial management companies exist all over Maryland, Virginia, and West Virginia. However, with this checklist in mind, you can better choose a commercial management company that will fit your company’s needs.
First, you should seek a commercial management company that resides in your business location. A property management company located in the heart of the area is more likely to know the commercial geography and have better advice on where to locate your business. They will also know and have relationships with the local maintenance teams they hire for property management.
While everyone has to start somewhere, you should still look for a company that has rich experience in managing your type of industry. For example, Clagett Enterprises, located in Frederick, Maryland, has over 25 years of experience in managing office buildings, office condominiums, retail centers, mixed-use buildings, medical centers, and industrial sites. Each type needs specialized maintenance.
It would help if you also have a checklist ready for the services your commercial property will need. This collection of services generally consists of the following:
- Financial reporting, with customized reports
- Rent and assessment collections
- Long-term budgeting
- Lease management
- Tenant relations
- Scheduled inspections and maintenance
- 24/7 emergency services
A company in question may have all these criteria, but they may also have a shady reputation. Check out the reviews, reading them with a grain of salt. Reviews may be stellar or full of complaints from persnickety guests, so it is ultimately best to talk to them yourself to see how you work together.
It is usually best to enumerate a few top candidates and reach out to each of them. However, one must note that it is most convenient to hire commercial property management from the real estate company from which you are leasing or buying. If the commercial real estate company also offers property management, look to them first.
Trust the Professionals at Clagett Enterprises for Your Realty Needs
If you’re looking for an experienced property management company, the perfect realtor for your property, or a professional to assist you during your purchase of any home, you can rely on Clagett Enterprises. Clagett Enterprises is a full-service real estate company with almost 30 years of experience in the Frederick and Western Maryland area. For assistance with commercial sales, leasing, management, and development and consulting, contact us online or give us a call at 301-665-6009. To meet our team and see some of our beautiful homes, follow us on Facebook and Linkedin.