Reduce Your Payback Period on Amenity Fees
Are you considering installing a Bulk Internet service or add any other “amenity fee” on a property within the next 12 months? If so, read this tip.
Identifying the Business Need to Start ASM
I was kind of forced into it. I was recruited from Charles E. Smith to KSI (now known as Kettler). At KSI, I was tasked with setting up a new division that would handle all of their “ancillary service agreements” in their single family and multifamily projects.
How I Got Started
I was always looking for ways to improve/streamline services, decrease expenses and improve revenue for the company….and I was good with people.
It’s Time to Negotiate a Better Deal
The next step is to see if you have the same service or amenity expiring this year on multiple properties.
Do you have a dedicated person to manage your ancillary agreements?
For every agreement signed, you should designate someone that is responsible
for overseeing, managing and making sure that the provider is living up to their
end of the deal.