Tips for a Property Management Company Before Receiving a Project Owner's Services
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Property management is a service that seems new to the Cambodian market, in fact, a property management company is like a second owner of your property. The current market for condominium development projects is the most demanding of this property management among the various development management. Property management, on the other hand, requires specialists to ensure that the property being handed over runs smoothly and meets the needs of the residents.
Mr. Hon Meng Heang, Vice President of CVEA and Property Manager of C-Herald Property Service Co., Ltd., said that as a real estate agent in charge of managing a client's property, before receiving management services from the building owner or project owner, you must know these things first. "We have to follow the steps of property management first, including the real estate pre-acquisition, acquisition, and post-acquisition stages."
Mr. Meng Heang briefly described that before receiving the property to manage, we must ask for information from the owner. This includes building structures, both inside and outside, and the design of building safety systems such as safety and fire protection systems. We also need to understand the water system and waste disposal. Such foreknowledge makes it easier to plan management in detail.
For the receipt period, make sure that you have a valid list to verify what you have received from the project owner (Checklist), for example, all receipts may come as described above, and some may be included in a series of steps.
Finally, after checking the list, as mentioned above, as a building manager, check and test the functions of the systems you have received, such as security systems, elevators, equipment, whether it works well, and so on. After getting the results, inform the building owner immediately.
Mr. Po Eav Kong, CEO of Advance Real Estate Co., Ltd., also commented similar to that of Mr. ?Meng Heang. He encouraged property managers to be vigilant and conduct regular inspections to ensure that our services are well served to clients.
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