🏢 Property ManagementModerateAlso: Contractor management, Vendor coordination, Service provider management
Vendor Management
Definition
Vendor management is the process of selecting, coordinating, and maintaining relationships with contractors and service providers who perform work on a property.
Common Questions
Real-World Example
A property management company maintains a preferred vendor list and consistently calls CRM Services for painting, drywall, and general repair.
Why It Matters
Getting onto a preferred vendor list is a major business development opportunity.
Related Services
Property Management