Property Management Company

Old School or Cutting-Edge Innovation, Your Property Management Company Should Adapt to You

We are in an interesting time in property management company. Some property owners have owned their buildings for decades, successfully managing tenants in-person at an office with a landline phone and paper files. They’ve built relationships with long-term tenants with their hands-on approach. And if it ain’t broke, why fix it?

Other property owners have embraced all the latest innovations in the property management industry. They were the first to use software and cloud-based programs to manage their properties and offer mobile apps to tenants to track rent payments and maintenance requests. Some even use drone technology to market and monitor their facilities.

There is room in the market for both approaches to property management. Some tenants value the hands-on approach of veteran landlords, while others may prefer more autonomy and automation that new technologies offer. Whether you’re running an old-school operation or an early adopter of all things new in commercial property management, you should work with a property management company that can adapt to how you work best.

Old School or Innovative, Clarity Commercial Works with You

To have a successful relationship with your property management company, you must be on the same page. If you’re a handshake, landline phone, paper file landlord, chances are you’re looking for a property management company that will pick up the phone, visit your property regularly in person, and call instead of email.

On the other hand, if you prefer email or text over a phone call, encourage your tenants to use a mobile app, and don’t have a physical office in your building, you likely want a property management company that can offer remote support and the newest technologies to streamline and automate your operations.

Clarity is a Property Management Company

Clarity Commercial is a property management company that can do both. We implement many of the industry’s cutting-edge technologies to make our own operations easier and more efficient. But we also understand the value of building relationships, both with you and your tenants and employees. We’re committed to meeting you where you’re at and fitting into your processes, not the other way around.

Our team is highly experienced and knowledgeable in all aspects of property management, from marketing and leasing to maintenance and financial reporting. We provide comprehensive services that can be customized to meet the unique needs of your property. Whether you have a commercial building, multi-family complex, or mixed-use development, we have the expertise to handle it all.

When it comes to communication, our priority is always promptness and clarity. Our online portal allows for easy communication between you and our team, with real-time updates on any issues or concerns. We also utilize mobile apps and email for quick responses and convenient access to important documents and reports. We understand the importance of transparency and strive to keep you informed every step of the way.

Our marketing strategies are tailored to each property, utilizing a combination of traditional and digital methods. From professional photography and virtual tours to targeted online advertising, we aim to attract quality tenants and increase occupancy rates for your property. Our leasing process is streamlined and efficient, with thorough background checks and lease agreements that protect your investment.

Maintenance is a crucial aspect of property management, and our team is well-equipped to handle any issues that may arise. We have a network of trusted vendors who provide timely and cost-effective solutions for repairs and upkeep. Regular property inspections allow us to identify potential problems early on and take proactive measures to prevent them from becoming larger issues in the future.

Financial management is another key aspect of our services. We handle rent collection, budgeting, and financial reporting to ensure that your property remains profitable. Our team stays updated on market trends and rental rates to help you maximize your ROI.

Communication is essential in any successful business relationship, which is why we prioritize clear and consistent communication with both our clients and tenants. We provide 24/7 support for emergencies and have an online portal where owners can access important documents and reports at any time.

At Clarity Commercial, we understand the unique needs of each property and tailor our services accordingly. Whether you own a single-family home or a multi-unit apartment complex, we have the expertise to effectively manage your investment. Our goal is to alleviate the stress of property ownership.

Working with a property management company should make your life easier, not more difficult, confusing, or onerous. If you’re interested in hiring a property management company but you’re not sure if the relationship will be a good fit, please reach out to Clarity Commercial. Our experts will explain how our team can integrate with your own.

For more information or to request a free estimate, visit their website at https://myclaritycommercial.com/ or give us a call at (952) 370-224-2699.

Affiliations & Credentials: We are proud members of IREM, CCIM and MNCAR along with various professional organizations and hold relevant certifications in the real estate management field. Our affiliations and credentials demonstrate our commitment to excellence and our ongoing efforts to stay up-to-date with industry best practices.

commercial properties

Don’t DIY when it comes to marketing your commercial property

Hiring a Property Manager - commercial property

When someone takes on a DIY (Do It Yourself) project to commercial property, They usually do so for one of two reasons: they love the type of work it is, and/or they want to save money. While these are both noble reasons, you should reconsider doing it yourself when it comes to marketing and leasing your commercial property. Rather, you should hire a property management company to do it for you.

Why?

If you try to market and lease a property yourself, you are most likely going to spend a lot of time and energy:

  • Preparing the space to rent
  • Answering phone calls and emails
  • Showing the space to prospective tenants
  • Negotiating the rent

Commercial property is time is money.

Property management companies take care of all these tasks for you, and more. And, since they have the expertise and resources to properly market your space, they’ll most likely find the right tenant in the least amount of time.

That means more money is in your pocket.

Companies like Clarity Commercial are experts at marketing different types of commercial properties so we end up attracting the right kind of tenant for a particular space. Plus, we have a vast network of referral partners who can help us identify potential tenants.

What’s more, we know what red flags to look for when interviewing someone for the space, which can save you headaches down the road. Our team has years of experience in commercial real estate and can quickly identify any potential problems with a property or lease agreement.

Our focus is always on finding the best solution for our clients, whether that means negotiating a lower price on a property, securing favorable lease terms, or finding creative ways to utilize the space. We understand that each business has unique needs and our goal is to find a space that fits those needs perfectly.

But our services don’t end once you’ve signed the lease or purchased the property. We also provide ongoing support and guidance throughout your tenancy. From handling maintenance issues to advising on future expansion plans, we have your back every step of the way.

We also have extensive knowledge of local market trends and can help you make informed decisions about your commercial real estate investments. Our team stays up-to-date on the latest market conditions and can offer valuable insights to help you maximize your returns.

In addition, we prioritize communication and transparency with our clients. You can trust that we will always keep you informed and involved in every step of the process, from property tours to lease negotiations. Our goal is to build long-term relationships with our clients based on mutual trust and understanding.

So why choose us for your commercial real estate needs? We have a proven track record of success, a dedicated team with extensive knowledge and experience, and a commitment to putting our clients first. Let us help you find the perfect space for your business – contact us today to get started!

And, once you have a good tenant in place, you’ll want to keep him or her happy so they continue to lease your space for a long time. A property management company helps do this by making repairs quickly and acting as a resource for the tenants when they have a problem.

Contact Clarity Commercial to start a conversation about our marketing programs and how we can help you save time and money while attracting high-quality tenants for your commercial space.

For more information or to request a free estimate, visit their website at https://myclaritycommercial.com/ or give us a call at (952) 370-224-2699.

Affiliations & Credentials: We are proud members of IREM, CCIM and MNCAR along with various professional organizations and hold relevant certifications in the real estate management field. Our affiliations and credentials demonstrate our commitment to excellence and our ongoing efforts to stay up-to-date with industry best practices.


Hiring a Property Manager - commercial property

5 Ways Hiring a Property Manager Can Save You Money

Hiring a Property Manager

As a property owner, you’re in the business of increasing your property’s value while keeping your costs under control. This is true whether you own a small office building or several 50,000 square-foot warehouses. Effectively managing your portfolio of properties takes a diverse set of skills. Without the help of a property manager, you have to become an expert in marketing, leasing, maintenance, insurance, taxes, and collections, among many others.

That’s why it makes a lot of sense to invest in the expertise of a property manager. We have the training, experience, and resources to take these and other tasks off your plate. In the long run, working with a property manager can save you money and even help you make more. Here’s how.

Hiring a property manager has advantages to grow your commercial property

  1. A property manager maintains your budget.

How often do you sit down and look at your balance sheet? A property manager takes your budget seriously and works hard to stay within it. We help you understand how much you’ve made and spent so far and present you with budget projections for the rest of the year. We can help with your five-year and ten-year planning, too.

  1. A property manager evaluates your tax burden.

When you’re busy working with tenants, you have little time to spend analyzing and evaluating your tax burden. But income, property, sales, and utility taxes add up. In some cases, they can also be negotiated. Property managers can help you keep track of your tax burden and help you find ways to reduce it.

  1. A property manager handles collections.

Tenants who make late payments or fail to pay can throw off your books. Collections can take a lot of time, energy, and angst. Property managers can take collections completely off your plate and help you recover late or missing rent checks.

  1. A property manager mitigates risk.

Your properties are used for all sorts of tasks that create a diverse set of risks. Your insurance policies should cover it all, so you don’t have to pay out of pocket when it’s time to make a claim. We can help you understand the different risks you face at your different properties and recommend comprehensive liability, fire, and extended coverage.

  1. A property manager markets your property for you.

Okay, this one might actually make you money, not just save it. Property managers like Clarity Commercial can help you market your available properties so you can fill vacant space quickly. The fewer days your properties are vacant, the more money you’ll make.

Did you know that having a vacant property can actually cost you money? Not just in lost rental income, but also in additional expenses like taxes, maintenance, and utilities. That’s why it’s important to find reliable and efficient ways to market your available properties.

At Clarity Commercial, we understand the importance of quickly filling vacancies for our clients. Our team of experienced property managers knows how to effectively market your properties to attract potential tenants. We use a variety of strategies, including online listings, social media advertising, and networking within our extensive industry connections.

By utilizing these marketing techniques, we can help you fill vacancies faster and minimize the amount of time your properties are sitting empty. This translates into more rental income for you and less financial strain on your business.

In addition to traditional marketing methods, we also stay up-to-date on the latest trends and technologies in the industry. This includes utilizing virtual tours and 3D floor plans to give potential tenants a realistic glimpse into your properties. In today’s digital age, it’s important to go beyond just listing photos and offer an immersive experience for potential tenants.

Our team also understands the importance of targeting the right audience for your properties. We analyze market data and demographics to identify the best target audience for each property, allowing us to tailor our marketing efforts accordingly. By using a targeted strategy, you can be sure that those who are most likely to be interested in your properties will see them.

Working with a property manager can be one of the best investments you can make. If you’re wondering what a property manager could take off of your plate, contact Clarity Commercial today

For more information or to request a free estimate, visit their website at https://myclaritycommercial.com/ or give us a call at (952) 370-224-2699.

Affiliations & Credentials: We are proud members of IREM, CCIM and MNCAR along with various professional organizations and hold relevant certifications in the real estate management field. Our affiliations and credentials demonstrate our commitment to excellence and our ongoing efforts to stay up-to-date with industry best practices.


7 reasons to consider outsourcing the management of your commercial properties

commercial properties

Whether you own one building or several, commercial real estate can be a great investment. It can also be a huge job, from the maintenance of the building to leasing out the space and thinking about capital improvements. That’s why many building owners opt to outsource the management of their commercial properties as a way to off-load some of the day-to-day tasks that eat up all of their time.

But you don’t want to outsource to just any management company. Rather, you want one that understands not only the local market, but also the many types of buildings available. You want a company that has experience with multi-story office buildings, warehouse facilities, commercial condominiums or townhouses, retail, and industrial properties.

Clarity Commercial has experience with a variety of building types, and we understand that no two buildings are the same. No two property owners are the same, either, and that’s why we pride ourselves on the personalized attention we give each of our clients and their properties.

We work with our clients to help control costs and increase property value while maintaining tenant satisfaction. And as important as it is to increase property value, there are many other benefits to working with a management company. Here are just seven to think about:

  1. Property maintenance for commercial properties

Let’s face it. Your buildings will need maintenance, and probably improvements. You want a reputable company that can take care of both for you. Doing so will not only help you retain and attract new tenants, but also protect your investment.

  1. Marketing and leasing programs

Management companies like Clarity Commercial are experts at developing and implementing marketing and leasing programs in order to attract the right kind of tenant with the right lease terms.

  1. Collections

You don’t want to spend your time chasing down monthly rents, nor do you want to spend your time negotiating lease renewals. You don’t have to when you outsource those very important duties to a professional.

  1. Increased protection

Clarity Commercial can help you protect your investment with services such as security system management for your buildings and the retention of necessary liability insurance for you.

  1. Additional consulting services

Many management companies, like Clarity Commercial, will also help you with financial reporting, budget projections, payment of operating expenses, and real estate and personal tax evaluations.

  1. Multi-state management

Clarity Commercial operates across the U.S., so if you own properties in different states, you only need one management firm to take care of them for you.

  1. More time

That’s right; by outsourcing the management of your properties, you get more time to focus on the things you love.

To find out more about our services and how we can help you and your properties, contact us today!

For more information or to request a free estimate, visit their website at https://myclaritycommercial.com/ or give us a call at (952) 370-224-2699.

Affiliations & Credentials: We are proud members of IREM, CCIM and MNCAR along with various professional organizations and hold relevant certifications in the real estate management field. Our affiliations and credentials demonstrate our commitment to excellence and our ongoing efforts to stay up-to-date with industry best practices.

Hiring a Property Manager - commercial property

3 Ways Commercial Property Owners Can Gain Clarity and Time in 2018

Eagan MN Car Club - Commercial Property Owners

When you’re bogged down in the day-to-day management of your buildings, it’s difficult to find the time and resources to grow your portfolio of commercial properties. That’s why many commercial property owners outsource the daily operations of their buildings to a property management company like Clarity Commercial. Here are three ways working with Clarity Commercial can help you find more to time in 2018.

Commercial Property Owners take charge of your buildings with Clarity Commercial

  1. Outsource the maintenance of your commercial property.

Often, property owners perform all the daily maintenance of their buildings themselves, from vacuuming the lobby and washing the windows to shoveling and salting the sidewalks. This might be manageable for a single, small building. But multiplying these tasks across two or more properties becomes burdensome.

Outsourcing the regular maintenance of your commercial properties frees up the time you have for marketing your empty space and hunting for your next investment. Clarity Commercial can provide regular building maintenance services and can even manage your maintenance staff for you.

  1. Get help with your marketing and commercial leasing programs.

Managing your current tenants is already a full-time job, so it can be difficult to find the time to create and implement a marketing plan for attracting new ones. Managing your tenants, negotiating lease renewals, and collecting payments can take up your entire day. That’s why it often pays off to work with a property management company that can help you manage your current tenants and market to new ones.

Clarity Commercial can also work with you to identify potential new tenants and find them the ideal space in your commercial property portfolio. We can help you negotiate the lease and make any renovations and leasehold improvements they require. Our team is experienced in handling all aspects of leasing, including tenant screening, lease negotiations, and lease administration.

With the rise of e-commerce and remote work, the commercial real estate market has become increasingly competitive. As a property owner or manager, it is crucial to have a strong understanding of your tenants’ needs and preferences in order to attract and retain high-quality occupants.

At Clarity Commercial, we understand that finding the right tenants for your commercial property can be a daunting task. That’s why we offer comprehensive tenant sourcing services to help you find reliable and long-term tenants for your spaces. Our team will work closely with you to understand your property’s unique features and amenities, as well as the type of businesses that would thrive in your location.

Once we have a clear understanding of your property and target market, we will use our extensive network and marketing strategies to attract potential tenants. We also utilize the latest technology and data analysis tools to determine the most effective advertising channels for your specific property.

Our goal is not just to find any tenant for your commercial space, but to find the right tenant. We carefully screen all applicants, looking at their financial stability, business history, and references. This thorough vetting process ensures that you have reliable and responsible tenants who will pay rent on time and take care of your property.

In addition to sourcing tenants, we also offer lease negotiation services to help you secure the best terms for your rental agreements. Our team has experience in negotiating leases for various types of commercial properties, including office spaces, retail locations, and industrial warehouses.

We understand that managing a commercial property can be time-consuming and overwhelming. That’s why we offer comprehensive management services to handle all aspects of your property, from maintenance and repairs to tenant relations and rent collection. With our expertise and attention to detail, you can trust that your property is in capable hands.

At myclaritycommercial.com, we value transparency and communication with our clients. That’s why we provide regular updates on the performance of your property and any issues that may arise. You will have access to detailed reports on occupancy rates, financial statements, and maintenance records at any time through our user-friendly online portal.

In today’s competitive market, it takes more than just listing your commercial space to attract potential tenants. Our team at myclaritycommercial.com is dedicated to creating a strong marketing strategy for your property, utilizing various channels such as online listings, social media, and networking events. We also conduct thorough tenant screenings to ensure that the right tenants are selected for your property.

But our services don’t stop there. We understand that managing a commercial property can be time-consuming and overwhelming. That’s why we offer personalized solutions tailored to your specific needs and goals. Whether you have multiple properties or just one, we strive to provide efficient and effective management services that will minimize vacancies and increase profitability.

  1. Work with a property management professional with a proven record.

Clarity Commercial owner and Navy veteran Mel Schultz, CPM®, has been in the real estate business since March 2003. Mel manages a portfolio of retail properties, commercial office buildings, commercial associations, and raw land development. He was a member of the New Concepts Management Group (NCMGI) team for nine years. On January 1, 2018, Mel and NCMGI ownership formed Clarity Commercial Services, LLC to further their efforts on growing a commercial real estate portfolio and business.

Mel joined IREM in 2003 and earned his CPM® designation in 2007. Long active in IREM’s Minnesota Chapter, he has served in numerous chapter leadership positions, including chapter president. He has also been honored as the chapter’s CPM® of the Year in 2014 and most recently received the 2017 Spirit of IREM award. Schultz is also involved with other organizations and earned his Certified Community Association Manager (CCAM) designation through the Minnesota Multi-Family Housing Association (recognized as the Outstanding CIC Manager of the Year in 2013) and the Certified Commercial Investment Member (CCIM) designation in 2011.

Mel’s passion for property management began when he joined IREM in 2003. He was determined to excel in his field, and in 2007, he earned his CPM® designation. This prestigious credential is recognized as the highest standard of excellence in property management.

Throughout his career, Mel has been an active member of IREM’s Minnesota Chapter. He has held various leadership positions within the chapter, including serving as chapter president. Mel’s dedication and hard work did not go unnoticed by his peers; he was awarded the chapter’s CPM® of the Year award in 2014.

In addition to his involvement with IREM, Mel is also passionate about giving back to his community and being involved with other organizations. In 2018, he was elected to serve on the Board of Directors for his local Habitat for Humanity chapter. He also volunteers with organizations such as United Way and Big Brothers Big Sisters.

Mel’s commitment to excellence and giving back extends to his work with clients at Clarity Commercial. As the Managing Director, Mel oversees all aspects of property management services, ensuring that each client receives personalized attention and top-notch service. His years of experience in the industry have given him a deep understanding of the complexities and challenges faced by property owners and tenants alike.

One of Mel’s key strengths is his ability to identify strategic opportunities for clients to maximize their return on investment. He works closely with each client to develop tailored solutions that align with their unique goals and objectives. Whether it’s finding the right tenants for a property or negotiating lease terms, Mel’s expertise and attention to detail make him an invaluable asset to his clients.

At Clarity Commercial, we are proud to have Mel as part of our team. His passion for excellence, dedication to client success, and commitment to making a difference in the community make him an exceptional leader and role model for all of us. When you choose Clarity Commercial.

Are you hoping to grow your commercial property portfolio or just need some help managing your current properties? Clarity Commercial can help. Contact us today.

For more information or to request a free estimate, visit their website at https://myclaritycommercial.com/ or give us a call at (952) 370-224-2699.

Affiliations & Credentials: We are proud members of IREM, CCIM and MNCAR along with various professional organizations and hold relevant certifications in the real estate management field. Our affiliations and credentials demonstrate our commitment to excellence and our ongoing efforts to stay up-to-date with industry best practices.