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

Send us Fan MailAndrew 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=auDetector Inspector | Safer Homes This podcast is kindly sponsored by The Associates Co. The Associates Co provides fully trained professionals to assist you with scaling your property management department. They are ready to hit the ground running! Once a luxury, VA's are now a staple in every business, whether you are managing 5 properties or 500+Head over to www.theassociatesco.com