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=auThis podcast is kindly sponsored by Longreach This podcast is sponsored by PropertyMe.Australia's #1 Property Management Software. www.propertyme.com.au