What is the big diff between a Real Estate Company leasing a commercial property vs a property management co?
What is the big difference between a Real Estate Company leasing a commercial property versus a property management company? It seems like its the same leasing idea (and contract?) but maybe with different tasks AFTER the lease is signed? Are the leasing fees/commissions usually the same? I guess I am trying to figure out why someone would go through a management company versus a real estate company or what really makes the difference?
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By cottagstan, July 1, 2010 @ 4:21 pm
Practically speaking – there is no difference to the tenant. The owner may have a management company do some services that a realty won’t do, such as building maintenance, etc.