Real Estate Outsourcing
In today’s real estate environment, property managers, homebuilders,
real estate developers, and construction contractors are facing
a myriad of challenges from both outside their companies as well
as internally. Outsourcing your real estate dealings can provide
you with cost effective solutions to your company’s growing
needs. Successful companies have discovered their time and energy
is best focused on solving problems that increase the Company’s
profit margins while letting others handle the back office and administrative
burdens.
Real Estate Outsourcing is the ideal solution for companies that
are experiencing one or more of the following issues:
- Demands by outside investors or vendors require detailed and
extensive monthly or quarterly financial reporting
- Explosive growth forcing owners to rely on financial reports
to verify that they are making money vs. having a cut fee line
- Concerns about increasing overhead costs, including:
o Outside computer hardware consultants
o Outside software customization consultants
o Finance & accounting department staffing
- Special projects that require a ramp-up of overhead personnel costs for a finite period of time.
Before outsourcing your real estate dealing, be clear of
few things:
- Set and regularly refer to your primary objectives. Be it cash,
operational flexibility or risk transfer, be clear about the negotiating
zones.
- Only go to market with a deal that is close to what you want.
If you do not have a good sense of where you want to end up, you
will get offers that meets bidders’ terms, not yours.
- Bidders are efficient at pricing risk, not uncertainty. Estate
records tend to be imperfect where properties have been around
for a long time. So, do your homework. Price the conditions and
services you may require of your new operator-owner, and make
sure that your bidders are in a position to price your property
and its liabilities aggressively. They are unlikely to pay a premium
for the unknown, and you may end up retaining property risk and
costly leasehold structures to boot.
Some real estate outsourcing service providers or dealers willing
to ofeer you their services are:
- Aronson & Company:
Aronson & Company (A&C) is a nationally-ranked top 50
accounting and consulting firm headquartered in Rockville, MD.
A staff of over 200 people provides professional services that
include audit and accounting, tax, technology/accounting systems,
GSA Schedule consulting, investment banking, litigation support,
valuation, and fundraising. Formerly known as Aronson, Fetridge
& Weigle, A&C offers the expertise of larger firms with
the personal service of a regional firm.
The specialists at A&C provide innovative business solutions
to industry groups that include biotechnology, construction, emerging
business, government contractors, nonprofit, real estate, and
technology. A&C is an affiliate of Moores Rowland International,
one of the world's top ten associations of independent accounting
firms providing business, taxation and management consultancy
services to companies throughout the world.
- Axim Estates:Axiom
Estates brings you India property with contemporary residential
developments built to international standards and lifestyle amenities,
through direct arrangement with the Developers. Our recent launch
events in London were huge success.
Real Estate Outsourcing in the news