Property Managers and Vendors

For many years, well before launching TheBiddingSpace.com, we'd listened to complaints from property and facility managers in regards to their inability to identify good vendors, or even their capacity to acquire good information relating to the vendors that they had identified. Because of the multitude of challenges that property managers are required to face regularly, including carrying out inspections, finishing paperwork, and dealing with tenant focused difficulties, getting a good vendor should not be one.

When we started meeting with property managers concerning the steps involved in finding and doing business with vendors like security guard, landscaping, or trash collection vendors, we noticed a few things. One of which was that although most property managers felt that finding good vendors was necessary, many property managers at times couldn't help but feel that one vendor was the same as the next. However when talking to property managers which had come across vendors delivering GREAT service, they thought completely the opposite. The truth is, although vendors in almost any particular profession may have matching solutions, the manner in which they set about executing against those solutions is where the contrasts lie.

If you are concerned about finding GREAT vendors to supply service to your facility, there are a couple of things that will always help in your buying process. The first thing is finding proven and unprejudiced reviews from past customers for potential vendors. The second is developing an easy and well-organized system to make an apples to apples evaluation of those vendor's proposals.

Frequently, the standard way of getting comments from a vendor's present users is requesting business references. When looking for business references, we suggest you specifically inquire about references for customers which may have properties or facilities similar to yours, as far as industry and total size. So, as a general manager for a Fifty room hotel interested in security guards, the security guard vendor should furnish references from clientele who represent properties that are the same as yours. What we have learned is that often vendors who focus on serving large businesses, will not always be prepared to supply the desired quality or quantity of client care for small accounts%u2026and vice versa.

Furthermore, we always advise that you get details about a contract or client which the vendor had recently lost for something aside from price and precisely what the vendor is doing to make sure that that case does not happen again. We make this suggestion for two reasons. The first is to judge the integrity of the vendor. Is that company willing to tell you about a time that they were not able to deliver on their service; and secondly is to always evaluate the way that they cope with customer dissatisfaction. If their were deficits associated with service, did they attempt to correct them with the customer and also gives you a chance to determine how they are ensuring that future customers do not have the same problem.

Lastly, as a potential buyer you should attempt to be certain that each vendor is responding to your RFP in a way that allows for one to make an apples-to-apples comparison. It would be beneficial during your RFP process to use a number of specific questions which every vendor should address. As an example these questions could ask for things such as: Years in operation, Annual Revenue, Cost/square foot, Hourly rate, etc. If time permits, we'd even suggest that you set up a spreadsheet for every vendor to fill out that will make the side-by-side review that much easier.

As a property or facility manager, it is obligatory of you to get the most that you can out of, a usually stretched, spending plan. So if you find yourself hunting for a brand-new vendor to provide products or services at your property or facility, make certain you are receiving the most effective service possible for every dollar that you pay. So remember, find references from present-day organizations and past customers which might be akin to you and also make apples to apples comparisons among your vendors. If you follow these tips you'll be much nearer to getting the service you desire.

Or signup at TheBiddingSpace.com and we can help you find a vendor and save you time and money doing it.