When you’re a property manager and owner, there’s a lot of negotiating you’ll have to do as part of your day-to-day responsibilities. Often, you’re the one that keeps things moving smoothly and efficiently in your space or organization.
But, you can’t do it all yourself — you’ll need the help of vendors and suppliers, too.
Searching for, negotiating with and hiring vendors can be a complicated process. Fortunately, CTG Real Estate Services is here to offer vendor contract management — and take this big responsibility off of your shoulders.
We are happy to provide turnkey solutions for real estate owners and property managers, and vendor contract management is an important part of this process. The success of a property or business doesn’t just happen after everything is put in place; it’s a journey that will continue for months and years after all the details are finalized. We know just how important vendors are to your organization’s ongoing productivity, which is why we are here to help.
Below, you can learn a bit more about our vendor contract management services. For answers to your more specific questions, don’t hesitate to reach out to our team today.
Our Vendor Contract Management Services
Whether you’re interested in learning how to search for vendors or how to negotiate contracts with vendors, CTG Real Estate Services can guide you. Because the process of hiring vendors and ensuring that your needs and goals are met is so important to overall success of your space or organization, a professional’s support is invaluable.
Our CEO and founder Chris Gardner has more than 20 years of experience in the real estate industry. That experience helps him negotiate the best vendor terms for his clients and ensure the future productivity of the vendor and client’s working relationship.
The services you receive as part of your vendor contract management will always be tailored to your individual situation. Generally, there are three main services that Chris Gardner can provide when you are looking to hire a vendor or supplier for your space:
1. Guiding You Through the Vendor Selection Process
Before you can even get to the stage of negotiating vendor contracts for your real estate space, you must first identify the vendor that you wish to hire. It’s not as simple as picking a name out of a phone book; you must go through a lengthy process of identifying potential vendors and evaluating their bids before deciding which one is best for you.
If you’ve never gone through this process before, it can be difficult to know where to start. But, when you work with CTG Real Estate Services, you can take advantage of a team of experts and our extensive network of trusted vendors and suppliers in your area. We will guide you through every step, such as sending out requests for proposals and establishing a set of vendor criteria to get the results that you need.
We will also help you put together the statement of work for all the services you require. A statement of work must be created to allow potential vendors to put forward the appropriate requests for proposal for your needs. That way, you will ensure you only receive RFPs from professionals who are aware of and capable of handling all of your needs and goals.
It’s all included as the first step in our vendor contract management process.
2. Drafting and Negotiating Contracts with Vendors
After you have decided on a vendor you wish to pursue a relationship with, the next important step is solidifying that relationship with a contract. However, negotiating contracts with vendors in real estate can be tricky on your own. We’re here to help.
There is a lot that goes into a successful contract, but CTG Real Estate Services will ensure that all the necessities are taken care of. During the drafting process, Chris Gardner will advocate for your interests and goals in a way that aligns with your vendors’ wants. A good vendor contract makes both parties happy, so having an experienced professional such as Chris by your side helps ensure you are setting the groundwork for a productive future relationship.
We know negotiating vendor contracts can be complicated and stressful. Let us handle the hard work for you with our vendor contract management services.
3. Finalizing Your Contract for Future Success
Once the vendor management contract negotiation is completed, your contract will be finalized — and you can begin receiving the services you need for your space or organization! Chris Gardner can always connect you to his network of legal professionals before you sign to ensure your vendor contract terms are fair and legal, and that your professional relationship will be starting off on the right foot.
But our vendor contract management services don’t have to end with the signatures on your contract. CTG Real Estate Services offers unique turnkey solutions for all aspects of the real estate process. We can help implement your new services with our facility management knowledge and even help you create long-term plans for your space and organization, keeping your vendors in mind.
Chris Gardner and our team are more than just contract management vendors; we are here to be your partner through every step of this journey. To learn more about our services as real estate professionals, please schedule a consult with us today.