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Keys to successful outsourcing for Property Management
“We can do it cheaper in house…” Whenever this phrase pops up, I can’t help but start to smile.
The reason why I absolutely love hearing the statement “we can do it cheaper in-house”, is because that is like someone pulling a cash register and it making the loudest “Ca-ching”
Yes we could provide landscaping services for our clients, or maintenance services, or do little tasks in our office such as printing and folding statements or mailings, but experience has taught us when we are doing those other things, the opportunity cost for what we could have been doing is much greater. Therefore we work with vendors to handle that task.
You cannot be all things to all people, which we have realized. You also need to know when to use a professional for a task versus trying to do it “cheaper in house” (ca-ching). While you are spinning your wheels trying to stay afloat doing these tasks that are not your core competency, keep in mind that someone out there like (Inventive Property Management) has figured out a more efficient way and more productive way to do this.
Page Updated Last on: Feb 13, 2013