Clearly Better Commercial
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.