When it comes to the world of property management how many property owners are unaware of the differences in service level. Almost every firm will make the same promises, so it seems the only way to gain an advantage and make a better deal for yourself is to focus on reducing fees and securing guarantees in the event a property goes unrented for a long period of time. The reality couldn’t be further from the truth; property owners can gain additional benefit by being partnered with the right company.
This is done primarily by finding a good match between your property and the what type of properties of the company manages. A property management company that’s okay still simply on renting to anyone in anywhere does little management, instead, they serve more as a marketing firm that does little more than advertise your listing for you. In practice, many property owners could contact advertising providers and list the property themselves.
Understanding the shortcoming has a pivotal point for companies such as Telereal Trillium. Under the guidance of Graham Edwards the company has been able to shift his focus and better serve its clients.
As CEO Graham Edwards Telereal has been successful in shifting the focus of the company to a more value-oriented approach. Graham had determined real estate property is not like most other goods. In most cases, something purchased in bulk has to be given a discount in order to encourage buyers to purchase more; in the case of real estate property having these many properties in the same area is a benefit so great that a premium can be charged for it says Graham.
This is why one of the primary strengths of Telereal Trillium has been strategic property partnerships. By working with many property owners in an area the company is able to they customize property packages for prospective buyers. People who want to purchase more or able to, but often need to pay a premium to have it all in one place says Graham. This results in an increased revenue stream not only for the company, but also for the clients whom they partner with.