DISCUSSION OF THE POTENTIAL BENEFITS AND RISKS OF IMPLEMENTING THE PROPOSED ACTIVITIES
Keywords:
property management, benefits, risks, property value, tenant satisfaction, operational efficiency, strategic planningAbstract
This study explores the potential benefits and risks associated with the implementation of proposed measures in property management. The primary focus is on evaluating the impact of such measures on property value, tenant satisfaction, and overall operational efficiency. The potential benefits identified include enhanced property value, improved tenant relationships, and increased operational efficiency due to better maintenance and management practices. Additionally, the implementation of these measures could lead to higher tenant retention rates and a more attractive property portfolio for investors. However, the study also highlights several risks. These include the potential for increased operational costs, resistance from tenants or staff to changes in management practices, and the possibility of legal and regulatory challenges. The analysis suggests that while the benefits of implementing these measures could be substantial, careful consideration and strategic planning are essential to mitigate the associated risks. The findings underscore the importance of a balanced approach to property management, one that leverages the benefits while addressing the risks. The study concludes with recommendations for further research to explore these dynamics in different housing markets and institutional contexts, ensuring that the proposed measures are tailored to specific environments and stakeholder needs
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