your guide to real estate outsourcing: seven things you need to know

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Page 1: Your Guide to Real Estate Outsourcing: Seven Things You Need to Know

[Seven Things You Need to Know ]

[CORPORATE REAL ESTATE OUTSOURCING]

Page 2: Your Guide to Real Estate Outsourcing: Seven Things You Need to Know

One of the largest expense items

Impacts productivity and the supply chain efficiency

Real estate is a strategic corporate function.1

Page 3: Your Guide to Real Estate Outsourcing: Seven Things You Need to Know

Risk management Health, safety and environment

Finance HRIT

“Facility services? They work in the basement right?” Actually, they impact:

…..everyday

$

Real estate and facilities affect performance across your business.2

Page 4: Your Guide to Real Estate Outsourcing: Seven Things You Need to Know

Yes, outsourcing creates quick-hit savings.

But when done right, it can minimize costs in the long run and more importantly, it boosts productivity.

Cost reduction: only the tip of the outsourcing iceberg.3

Page 5: Your Guide to Real Estate Outsourcing: Seven Things You Need to Know

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.

Experience matters. A lot, actually.4

Page 6: Your Guide to Real Estate Outsourcing: Seven Things You Need to Know

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.

“Alignment of interest” is not a mythical creature in the real estate realm.5

Page 7: Your Guide to Real Estate Outsourcing: Seven Things You Need to Know

Clear KPIs are critical. That means financial and non-financial.

A great sourcing relationship involves clear, measurable goals that motivate everyone to work together. 6

Page 8: Your Guide to Real Estate Outsourcing: Seven Things You Need to Know

Transition does not equal ≠ layoffs.

The people on the job have valuable knowledge and the best service providers tap into that.

A smooth employee transition is the most critical part of the outsourcing process to get right.7

Page 9: Your Guide to Real Estate Outsourcing: Seven Things You Need to Know

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