As the gig economy takes over the job market and telecommuting and remote work opportunities advance, outsourcing core competencies to specialized firms allows companies to undeniably have many benefits for businesses. This kind of arrangement couldn’t hold more true for real estate, where changing landscapes, market pressures, and client support is a full-time job.
This new world of corporate real estate outsourcing is sweeping the globe, and it’s time you take notice for the year ahead. Here are the top 3 reasons why you might want to consider this arrangement for 2019:
Outsourcing Improves Your Bottom Line: If you’re looking to reduce costs while increasing sales, outsourcing real estate management might be the golden ticket. When you allow an outside firm to focus on a service they specialize in, you save costs on having to hire or retain the personnel internally. Now you can divert all costs towards what you do best – leveraging your sales while minimizing the costs it takes to manage an entire well-rounded corporate real estate team. It’s this kind of benefit that has companies around the world hiring independent contractors in lieu of in-house personnel.
Allows You to Focus on Your Specialities: You can’t do it all, and if you try to, your company is going to suffer as a result. When you outsource tasks like real estate, facilities, and construction management you can focus on what you do well: specializing in sales, and running a retail organization. As a result, you can really hone in on your skills and hire a specialized team that works coherently to dominate your respective market.
Results in Critical Expertise: You can’t be an expert in absolutely everything related to commercial real estate; it’s just impossible. If you want to be making the right calls and stay vigilant at all times, you need to have access to the latest numbers in leasing, market analysis, and other technical knowledge and skills that can range from design to engineering. With this kind of information, you can make informed decisions ahead of the competition, relying on the expertise of another firm to make it happen.
Don’t forget: outsourcing provides you with new found flexibility. Now that you don’t have to worry about every little thing, you have more time to focus on what really counts.
The Kokua Group
Here at the Kokua Group, we understand how important outsourced expertise can be in your future success. That’s why we offer a wide variety of real estate management and corporate services. We handle site feasibility studies, GIS demographic analysis, market presentations and more, acting as a personal extension of your team that just made your life a whole lot easier.
If you’re considering outsourcing real estate management this year, consider giving our team a call.