NEW BROKER ESSENTIALS
Leasing & Property Management
This course provides an essential introduction to the core practices, strategies, and responsibilities involved in leasing and managing commercial properties. The course covers both the landlord and tenant perspectives, exploring the key concepts and skills needed to effectively manage commercial assets and negotiate leases in various property types, including office, retail, industrial, and multi-family properties.
Gain practical knowledge of property management functions, such as operations, maintenance, tenant relations, and financial management. This course also equips participants with the essential knowledge and skills to effectively manage commercial properties, negotiate leases, and maintain positive tenant relationships. By the end of the course, participants will understand the day-to-day challenges of property management and leasing.
MODULEĀ DETAILS
What's Inside the ModuleĀ
- Introduction to Commercial Property Management and Leasing
- Understanding Commercial Leases
- Leasing Process From Marketing to Negotiation
- Tenant Relations and Retention
- Property Operations and Maintenance Management
- Financial Management in Property Management
- Legal and Regulatory Considerations in CRE Leasing and Property Management
- Technology and Innovation in Property Management
WHAT WILL PARTICIPANTS LEARN
Course Learning Outcomes
- Understand the role of Property Management in CRE and learn the essential functions
- Evaluate different types of commercial leases, basics of various lease types (e.g., gross, net, modified gross) and how to structure lease agreements
- Negotiate Commercial Leases: Lease negotiations, including rental rates, terms, renewals, and tenant improvement allowances
- Manage Tenant Relations: Effective communication strategies and conflict resolution techniques for long-term relationships with tenants
- Handle Operational and Maintenance Management: Manage property operations, including maintenance, repairs, and compliance with regulations
- Managing the Financial Aspects of CRE: Basics on budgeting for and managing the financial performance of a commercial property
- Understand the legal responsibilities of property managers and landlords