Your Guide to Real Estate Outsourcing: Seven Things You Need to Know

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Real estate and facilities strategy can be a major contributor to your company’s success—provided you have the right team in place. This brief guide highlights seven things you need to know if you’re thinking about outsourcing some or all of your real estate and facilities management functions.

For a more detailed overview of real estate outsourcing strategies, visit http://www.us.jll.com/outsourcing

Published in: Business, Economy & Finance

Your Guide to Real Estate Outsourcing: Seven Things You Need to Know

  1. 1. [ ] CORPORATE REAL ESTATE OUTSOURCING [ Seven Things You Need to Know ]
  2. 2. 1 Real estate is a strategic corporate function. One of the largest expense items Impacts productivity and the supply chain efficiency
  3. 3. 2 Real estate and facilities affect performance across your business. “Facility services? They work in the basement right?” Actually, they impact: $ Finance HR Risk management Health, safety and environment IT …..everyday
  4. 4. 3 Cost reduction: only the tip of the outsourcing iceberg. Yes, outsourcing creates quick-hit savings. But when done right, it can minimize costs in the long run and more importantly, it boosts productivity.
  5. 5. 4 Experience matters. A lot, actually. You wouldn’t go to a hair stylist for surgery would you? The best results in real estate come from proven providers with deep expertise.
  6. 6. 5 “Alignment of interest” is not a mythical creature in the real estate realm. It’s not wise to build a relationship where the only way for the client to increase savings is to cut into the vendor’s profit. Fact: Win-win arrangements yield better results in the long term.
  7. 7. 6 A great sourcing relationship involves clear, measurable goals that motivate everyone to work together. Clear KPIs are critical. That means financial and non-financial.
  8. 8. 7 A smooth employee transition is the most critical part of the outsourcing process to get right. Transition does not equal ≠ layoffs. The people on the job have valuable knowledge and the best service providers tap into that.
  9. 9. [ ] Don’t believe any of these? Want to learn more? Click Here We’d love to prove it to you.

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