Learn about actual and potential costs
How much should I pay for Real Estate Asset Management & Consulting Services?
What is the average price of Real Estate Asset Management & Consulting Services?
This procurement report includes pricing information to help you purchase Real Estate Asset Management & Consulting Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Real Estate Asset Management & Consulting Services been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Real Estate Asset Management & Consulting Services yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Real Estate Asset Management & Consulting Services?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Real Estate Asset Management & Consulting Services with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase ?
Among the estimated 40,000 providers of real estate asset management and consulting services, the top four players generate less than 30.0% of market revenue, indicating a low level of market share concentration. Low concentration is largely the result of the high number of suppliers in the market and minimal barriers... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Size of the Supplier
In what states do you offer asset management services?
How many properties can your company handle at one time?
How many employees would you allocate to manage my property?
What size properties do you typically handle in terms of value and square feet?
How do you arrive at the fees you charge clients?
What additional fees do you charge clients?
Where do you maintain offices? How are your overhead costs distributed among clients?
Do you charge additional fees for travel expenses?
What are the most common factors that result in fee increases?
What qualifications do you look for when hiring new employees?
How do you retain qualified employees?
Do you anticipate that staff turnover will affect my asset management service?
If an employee that is assigned to my account leaves the company mid-contract, how quickly will they be replaced? Will they be replaced with an employee with equal or greater experience?
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Key elements for every RFP
What should my RFP include?
Vendors should include a fee schedule outlining rates for their various services.
Buyers should include any performance-based bonuses available to vendors.
Buyers should evaluate vendors' ability to meet their service requirements.
Buyers should evaluate vendors' experience and financial performances.
Buyers should evaluate vendors' investment approaches.
For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should include the date when proposals are due and any other relevant dates (e.g. interviews, property tours) prior to the contract award.
Buyers should include the date when services begin.
Buyers should outline the length of the contract and any options for renewals.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The supply chain risk for real estate asset management and consulting services is low. Suppliers require few key inputs to efficiently provide their services. The primary upstream suppliers include computer and software wholesalers, copier and office equipment wholesalers and furniture wholesalers. Suppliers rely on computers and various pieces of office... Subscribe to learn more.