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Find the Management Company That's Right for Your Business

Sue_CommunitySue_Community NACommunity Manager, Daily Operations Certified, Advanced Operations Certified, Administrator Certified ✭✭✭✭✭
edited June 2017 in 3rd Party Management
Regional and local management companies can be expected to be more effective than services offered by the REITs.

Because every property has a unique market, demographic and personality, local and/or regional management companies are more likely to increase your probability of success.

Equipped with an important local perspective and special understanding of your "neighborhood," their dedicated sales and marketing teams, staff and network can focus more precisely on the needs of your business--with greater rewards all around.

Connect with your ideal management partner in the SiteLink Marketplace - visit the 3rd Party Management page.

BTW, Wendy’s found success in offering choice to their customers in the 1980s!

https://www.youtube.com/watch?v=URYnp4h-Ha8
https://www.youtube.com/watch?v=TFaIcx0WkOY

Comments

  • Nikki_GuavaStStorageNikki_GuavaStStorage CARegistered User
    I am impressed daily with our Management company. Optivest Properties truly handle their locations with a level of expertise. We are able to make our orders with ease and have the best resources.
  • AZStorageGuyAZStorageGuy AZRegistered User ✭✭✭
    Everybody here should click on the two YouTube links @Sue_Community_Mgr has in her post (above).  They are a riot.

    I remember seeing these on TV when they first came out.  (Those of us who remember the former Soviet Union and its iron grip on life until it broke up in Dec. 1991 will appreciate them.)

    An updated version today might be adapted for North Korea!

    The point is, it's good to have options.
  • tronjordheimtronjordheim NARegistered User, Call Here Moderator
    a smaller more nimble management company can often do a lot more than the REITS. A little bit of customization for each site makes a big difference. The REITS really can't do that very well. 
  • SeanL_ESMSeanL_ESM LARegistered User
    I find that smaller management companies such as mine often employ ex-managers who have actual front-line experience that can be sometimes absent from larger REIT's and management companies.  Smaller firms can also be more available for owners and also offer more practical and affordable solutions that still increase revenue.  
  • marcgoodinmarcgoodin NARegistered User
    edited August 1
    There are many good management companies out there. The best way to check them out is secret shop 4 or 5 of their locations.  If you need a secrete shop checklist let me know.  If you want to manage yourself but don't want to start at square one, but have the experience day one, check out Storage Authority.
  • OrkoceanOrkocean TXRegistered User, Daily Operations Certified, Advanced Operations Certified, Administrator Certified, myHub Certified ✭✭✭✭✭
    As someone who's worked in a company with 100+ stores *I could only imagine one with 1000's of store* to joining a new company who has a handful of stores I would definitely say look for a smaller operation. The *big boys* have name recognition and all but in my experience once the higher ups get past store level it's amazing how many of them are truly out of touch with what the day to day side of the business is and how things are handled as well as not even keeping up with currently policies/laws that effect how things are done. 
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