Transcription of REAL ESTATE MANAGEMENT COMPANY STRUCTURES
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REAL ESTATE MANAGEMENT COMPANY STRUCTURES
15 Investment real ESTATE : Finance and Asset ManagementCHAPTER3 The Finance FunctionToday, one cannot try to identify a single business model for a real ESTATE MANAGEMENT office and its finance function. Rather, three or four general business models are refined into nearly as many permutations as there are companies in a given market. This provides for great flexibility as well as for market differentiation in terms of levels and costs of service. real ESTATE MANAGEMENT COMPANY STRUCTURESA real ESTATE firm may have a MANAGEMENT division, or a business may be established to engage solely in real ESTATE MANAGEMENT services to real ESTATE clients.
REAL ESTATE MANAGEMENT COMPANY STRUCTURES A real estate firm may have a management division, or a business may be established to engage solely in real estate management services to real estate clients. Both types of business are referred to as fee management firms—they charge clients a fee to manage their properties. In other situations, …
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