Estate Management Network

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Category: Vendors

Evaluating Vendor Performance: Before You Renew, Review

Do you conduct a year-end review with your vendors and contractors? It’s one of the most effective ways to assess the strength of your service network and make informed decisions before extending any agreement. A proper review looks at services delivered and the outcome of those services on your operations and budget and provides a non-contentious format to approach renegotiation or scope or cost before entering a new contract.

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Creating Vendor Guidelines

If you haven’t informed or instructed your vendors on how the property needs to be cared for, they probably don’t know what to do. It’s worth taking time to note the general procedures and expectations for all vendors.

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estate ecosysytem

How To Manage The Estate Ecosystem

Each estate is an ecosystem unto itself – with its own unique processes, rhythms, and culture. And, like any estate ecosystem, each has a cast of characters with particular skill sets who must learn to work together

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Identifying Vendors

Sourcing Vendors

So, how do you find a good vendor? Follow the below advice and do your due diligence and you can avoid 80% of the negative situations that could occur.

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