What property managers value most of a vendor?
As a long-term ally, we have understood that property management, real estate and construction companies strive to provide the best service to their clients, and in order to achieve the best outcome, they look forward to have the best vendors. But what is a good vendor?
As follows, we are listing some characteristics that makes a great vendor (just like Sueep!).
- Fully insured.
- Strong communication.
- Administrative organization and support.
Every day we challenge ourselves to provide the best service, and improve our service. The quality of our service relies in our team. Each one of us is strongly committed in providing the best service. In this difficult times, one of our main challenges and commitments, is to care more about all our stakeholders.
Are you struggling with your vendors?
James Bucki in his article “8 tips for vendor management success”*, according to our opinion, shares the key for success:
- Share information an priorities.
- Balance commitment and competition.
- Allow key Vendors to help you strategize.
- Build partnerships for the long term.
- Seek to understand your vendor’s business too.
- Negotiate to a Win-Win agreement.
- Come together on value.
- Vendor management best practices.
We invite you to share some ideas with us, and see if together something comes up that will benefit us both!
In the meanwhile, here are some books that may help:
- “Building the Best: 8 Proven Leadership Principles to Elevate Others to Success” by John Eades.
- “Superconnector: Stop Networking and Start Building Business Relationships That Matter” by Scott Gerber and Ryan Paugh
- “People-First Culture: Build a Lasting Company By Shifting Your Focus From Profits to People” by Michel Falcon
- “The Coffee Bean: A Simple Lesson to Create Positive Change” by Jon Gordon and Damon West