Clear Process for Requesting Changes

Clients should have a clear and accessible process for requesting changes or amendments to the budget. Property managers should outline the procedure for submitting requests, including deadlines and requirements for supporting documentation. By establishing a structured process, property managers can ensure that client requests are handled promptly and efficiently, minimising delays in budget approval.

Giving yourself around 3-4 months to deal with the budget preparation, approval, communication, demands etc. proper to the charges becoming due is generally advised. However, all the great work by property managers is often undone by clients not understanding what is expected of them. By providing your clients with a clear process, with important deadlines or milestones, will ensure that you can stay on track and ensure that your budget is issued in good time.