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- Q17065582 subject Q10801921.
- Q17065582 abstract "Property management involves the managing of property that is owned by another party or entity. The property manager acts on behalf of the owner to preserve the value of the property while generating income. Managed properties include residential and vacation properties, commercial retail space or industrial warehouse space. Property management may involve seeking out tenants to occupy the space, collecting monthly rental payment, maintaining the property, and upkeep of the grounds.There are various types of property management companies – those that manage large apartment complexes, to those that manage single family homes. Some even specialize in managing service apartments and/or commercial retail units. It is also not uncommon to find many real estate brokers who manage a few properties for their clients.The size of these companies range from those employing thousands of employees to mom and pop establishments. The combined revenues of the participants of the property management industry in the US is estimated to be about US$70 billion. The market size in India is estimated to be about US$1 billion. While property managers are typically paid a fee and/or a percentage of the rent brought in for the property while under management, there are various business models in this space, and in this article we broadly cover most of the common ones.".
- Q17065582 wikiPageWikiLink Q10801921.
- Q17065582 wikiPageWikiLink Q1618728.
- Q17065582 comment "Property management involves the managing of property that is owned by another party or entity. The property manager acts on behalf of the owner to preserve the value of the property while generating income. Managed properties include residential and vacation properties, commercial retail space or industrial warehouse space.".
- Q17065582 label "Property management business models".