*Abdullah Faisal Ali Abulkhair

Talking about real estate property management service is somewhat traditional, especially with the large number of real estate offices and real estate brokers who manage other people's properties. If you visit these developed countries and see this renaissance of real estate projects, I'm sure the first thing that goes through your mind is how these real estate projects are managed and at what level? Certainly, they are not managed by traditional people, there are of course advanced procedures that govern the management of these facilities and emulate them in terms of sophistication and creativity, which is worthy of us to benefit from their experience in this field, as these projects are valued at billions of dollars, so any defect in management may mean an increase in the annual depreciation rate and this rate means millions of dollars lost by these investments, so there is no way for the owners of these projects to overlook this aspect or leave it to be managed in a traditional manner not thoroughly studied in advance. Some of these buildings have a system of policies, procedures and building management that includes every big and small thing in that building, and there is a control body to perform that work.

Here in our real estate market, we are starting to see a large number of these distinctive real estate projects that need a distinctive and unconventional management team, which will force their owners to search for companies that have knowledge in managing similar projects, the presence of a distinctive and professional property management service will provide an opportunity for many investors to enter the development of distinct real estate projects at the level of what we see from projects in foreign countries and neighboring countries, the property management team is the most important element to attract such real estate projects.

What I have seen in these buildings is a system of policies, procedures and building management that includes every large and small aspect of that building, and there is also a control body to perform that work.

What I saw outside Saudi Arabia:

From what I saw outside Saudi Arabia:

1: Distinctive contracts that serve the landlord and tenant.

2: Maintenance, outstanding team, fast service, warranty, and affordable price.

3.

3: A capable lawyer who serves both the landlord and the tenant.

3. 4: Services for real estate, water, electricity, drainage, internet, garden, swimming pool, and monsters.

4

5: Neighborhood cafe or neighborhood market serving everyone.

5.

6: Bank teller for the neighborhood.

6.

7: Security Scurity.

8: Security gate and remote for residents. <9: Access pass for residents.

10: Database for residents.

10.

11: Accounting, accounting software, reminders, revenue, insurance, and management.

12: Secretarial and professional letters.

13: Warehouse and Store Management, Inventory and Purchasing.

14: Cameras, recordings and surveillance.

15: Organizing invoices, following up with tenants and resolving issues if any.

15.

*(Property and real estate management specialist and investor)