Commercial vs Residential Management with Andrew Russell from Mark Hay Realty Group

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Andrew Russell, Commercial Property Manager & Business Development Manager at Mark Hay Realty Group, joins today's episode of PM Collective to share his perspective on commercial property management, explaining what it entails and why it is a feasible alternative for a property manager in need of a break.

[00:22] Andrew's Background – Starting the conversation, Andrew shares his background. Moreover, he outlines his perfect day and how he divides his time.

[03:36] Commercial BDM – Andrew speaks about the role of commercial BDM. Moreover, he discusses whether commercial management is easier for a property manager than residential.

[06:31] Commercial Tenants – Andrew explains the issues why a commercial tenant would need to contact the owner or agency. 

[07:40] How Many -  Andrew mentions what would be considered a good portfolio for a commercial manager to handle. 

[09:03] Wages -  Andrew agrees that commercial property managers are compensated more than residential property managers. Also, he expresses his opinion that commercial management would be an excellent alternative if a residential property manager is experiencing burnout. 

[17:49] Management Transfer - Andrew describes how he performs the management transfer procedure.

[19:41] Lead Generation – Andrew discusses the source of his new commercial or residential leads.

Resources:

Connect with Andrew:

LinkedIn: linkedin.com/in/andrew-russell-34375730/?originalSubdomain=au

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