SELF LEARNING GUIDELINES

YOU HAVE DONE IT! You are ready to manage your developed property. At this stage of your project it is time to explore marketing strategies designed to attract the right tenant mix to your property. Have fun with developing a marketing vision for the property (the branding, naming and identity) as well as the budget for achieving that vision. Begin looking into your legal responsibilities and property management best practices as land lords - what is the process needed to secure a tenant from the viewings to the leasing transactions and property sale transactions and closing. Here are some areas you may want to explore:

  1. Understand market dynamics of supply and demand to best position your project and ensure successful leasing
  2. Understand the Legal responsibilities and Property Management Best Practices
  3. Create a compelling story for your development
  4. Research and identify the pricing range for your project
  5. Select a broker/realtor with neighborhood experience
  6. Understand the benefits and requirements for selling pre-construction vs. selling completed units
  7. Identify sites/platforms for advertising your project and apply the tools needed for targeted advertising
  8. Develop a timeline for your project's marketing plan

ADDITIONAL RESOURCES

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