Hazel Advisory Blog

Photo by Pexels on Pixabay Property marketing strategies are the methods and tools used to promote a property and its features to potential buyers and tenants. Property marketing strategies can include digital marketing, traditional marketing, and other methods. With the right strategies, property owners and managers can maximize the visibility of their properties and maximize their ROI. What are Property Marketing Strategies? Property marketing strategies are the methods used to promote a property and its features to potential buyers or tenants. These strategies can include digital marketing, such as SEO and pay-per-click campaigns, as well as traditional marketing, such as print ads, direct mail, and radio or television ads. Property owners and managers can also use tactics like open houses, referrals, and networking to reach potential buyers or tenants. The goal of property marketing strategies is to create awareness of a property, increase visibility, and engage potentia...

  Real estate lease administration is a complex and often time-consuming process. It involves managing the financial and legal aspects of a real estate agreement, including rent, taxes, insurance, and other related matters. It is essential for landlords and tenants to stay up-to-date with all their lease obligations and to stay compliant with local, state, and federal laws. To ensure that their lease agreements are running smoothly and profitable, landlords and tenants must be able to measure the success of their real estate lease administration. This is where key performance indicators (KPIs) come in. What are Key Performance Indicators? Key performance indicators (KPIs) are metrics used to measure the success of a business process. They provide insight into how well a business is doing in terms of its goals, objectives, and performance. KPIs are often used to measure the effectiveness of a business’s operations, including finance, marketing, customer service, and sales. K...

  Lease Administration is a critical component of commercial real estate management. It involves the management of all aspects of a tenancy, from initial lease negotiation to lease expiration and renewal. In order to run a successful commercial real estate business, it is essential to understand the role that lease administration plays and the best practices for managing it. This article will provide an overview of lease administration, its importance, benefits, and challenges, and will also discuss the role of technology and automation in lease administration, as well as how to find the best professionals to help with it. What is Lease Administration? Lease Administration is the process of managing a commercial tenancy in accordance with the terms of the lease agreement. It involves overseeing and monitoring the tenant's compliance with the terms of the lease and managing the landlord-tenant relationship. It includes activities such as collecting rent, monitoring and address...