ASM Commercial Services

Quick Navigation Menu Property Management Sales and Leasing - Sale by Auction - Sale by Private Treaty - Leasing Business Consultancy & Sales Advisory & Consultancy ASM Network

PROPERTY MANAGEMENT

Elementary forms of real estate practice have changed and property managers today are required to provide more than a rent collection service. Ongoing customer service and a complete property assessment are essential. Our clients have the comfort of knowing that their agent has the skill, competence and enthusiasm to handle matters as though the property was their own!

Below is a list of management services we provide:

• Provide a landlord's instruction sheet that incorporates appropriate instructions from the owner for attending to request for maintenance and repairs, disbursement of rent, insurance and any other payments.

• Collect rental payments in accordance with the lease agreement.

• Pay authorised account and statutory charges.

• Disburse the rent according to the owner's instructions.

• Prepare annual revenue and expenditure statements.

• Pay rates, insurance premiums, body corporate fees and any other payments.

• Establish and maintain property and rental records.

• Conduct periodic inspections and maintenance reporting.

• Attend to maintenance requests, advise owner, instruct tradespeople, arrange quotations and pay tradespeople.

• Negotiate and administer rental reviews and lease expirations.

• Arrange insurance cover as directed and oversee any insurance claims.

• Appropriate action if lessee is in default, including the issuing of all relevant notices or letters of demand and instructions to solicitors.

• Undertake inventory where required.

SALES AND LEASING

Whether selling, leasing, buying or renting, we provide  a process, that will enable you to achieve your aims more effectively. The key is a coordinated and effective approach, which in real estate marketing means making sure all elements of a campaign are adhered to simultaneously thus creating a larger impact on the property market at the appropriate point in time.

Following is a list of services provided by us. These are items that will effectively facilitate the Sale or Lease of your property:

Sale of a Commercial Property by Auction

• Provide an appraisal of the market value of the property
• Recommend ways to optimise the appeal of he property
• Provide a marketing proposal including:
• marketing schedule and advertising budget
• strategies for introducing prospective buyers to the property
• Ascertain existing tenancy arrangements
• Arrange appropriate signage for the property
• Arrange and lodge approved advertising and promotional material
• Introduce prospective buyers to the property
• Professionally service  inquiries from prospective purchasers.
• Provide regular reports on the level of buyer interest
• Liaise with the occupier to arrange inspections (where possible)
• Conduct inspections of the property with the prospective buyers
• Submit all offers to the vendors
• Establish, prior to an auction, a strategy for the conduct of the auction, taking into account the vendor's instructions and the level of buyer interest
• Ensure the necessary documentations is in place to effect the sale.
• Conduct the auction in accordance with the REIV Auctioneer's Code of Conduct
• Negotiate a sale in accordance with the vendor's instructions
• Receipt the deposit in accordance with the Estate Agent's Act
• In the event that the property is not sold, maintain contact as required to review the sale campaign and extend it for an agreed time and for any additional agreed advertising budget
• Provide the opportunity for a final inspection with the purchaser.
• Liase with legal representatives of all parties to facilitate sale and settlement

Sale of a commercial property by private treaty

• The services provided for the sale of a property by auction are also extended to any sale by private treaty excluding of course, those pertaining to the auction itself

Leasing of a commercial property

• Inspect the property, provide a market appraisal and recommend any property improvement
• Market the property including design, preparation and placement of agreed advertising
• Professionally service inquiries from prospective tenants.
• Conduct inspections of the property with prospective tenants.
• Receive, process and check tenancy applications
• Arrange credit check with our credit bureau of preferred applicant.
• Negotiate the rental amount of the property along with suitable terms and conditions
• Select a tenant in consultation with the owner
• Arrange preparation of the appropriate documentation
• the lease agreement
• the condition report (where applicable)
• inventory of fixtures and fittings
• Provide a copy of additional documentation that may by required under government legislation. Brief the tenant(s) and owner of their respective rights and duties
• Collect and receipt the rental payment for the first period of the lease agreement
• Collect and receipt the security bond (If applicable) or arrange for an appropriate bank guarantee.
• Pay the security bond into a tenancy trust account if the property is under management (under instruction from the landlord)
• Disburse the rent to the owner with a statement detailing all income and authorised expenditure.

 

 

BUSINESS CONSULTANCY AND BUSINESS SALES

Businesses peak, trough, they grow and sometimes they don't. The key is to know when to change tack, when to alter or implement systems, when to continue and when to get out. We use basic strategies that we have seen work in our own business and in others.

Businesses sell all the time and at different stages of their maturity. Each business will have good and bad points. Some will be cheap, others expensive or fairly priced. Matching purchasers with businesses on offer is our expertise and again our coordinated and effective campaigning gets results.

ADVISORY AND CONSULTANCY

There are a multitude of different ways in which agents can be of benefit to their clients. Our view in acting as agents is that you do not just receive advice on one specialised level but rather a variety of levels. For example, having an agent sell your property is only half the service. You then need to buy and in that situation you need more professional advice than when you sell. Often you hear people talk about buying a commercial property with little or no knowledge of the industry.

Following are a few examples of how our service can benefit you beyond the normal:

• Portfolio Analysis - Restructuring a property portfolio can be a long and complex process. Every property owner has different requirements for their portfolio. Whether it consists of purely retail properties or an even spread of commercial, retail and industrial or vacant unleased commercial buildings, ASM can assist in guiding you to your desired goal.

• Rent review and lease renewal negotiations and advice - Acting on behalf of owners or tenants in establishing a strategy toward a lease renewal or review. There has been a dramatic shift in the nature of different types of reviews in recent years. For example when the market is moving quickly and values are rising, landlords want market reviews and tenants want fixed increases and when growth is slow with no inflation landlords want fixed increases and tenants want CPI. We assist in ensuring that clients know the market and understand the alternatives available to them at a given point in time.

• Long and short-term property strategy - What you want or can get from your property today may be different from what you can have in the short or long term. At ASM Commercial we will evaluate the highest and best use for your property and coordinate a plan and time frame to assist you to achieve this.

• Property Development / Project Management - We can assist in increasing the cash flow and value of a clients investment through redevelopment or refurbishment. This involves conducting a feasibility study, analysing projected rentals and likely costs. If the proposed changes are viable, upon appointment we can arrange for refurbishment/redevelopment and then release. The entire process encompasses the following:

        - Feasibility study

        - Client Authority

        - Town planning application

        - Building application.

        - Coordination of Builder quotes

ASM NETWORK

ASM draws from a variety of different sources to provide a professional, comprehensive and honest property service. Below is a list of sources:

- Owners (Corporate / Private)
- Tenants (Corporate / Private)
- Agents
- Government
- Valuers
- Financiers / Banks
- Solicitors / Legal Advisors
- Architects / Design Advisors
- Builders / Contractors
- Accountants / Financial Advisors