Risk

There’s nothing like a hard-boiled, stringent, specific, detailed, robust and comprehensive SOP (standard operating procedure), says K. David Melt, Expert Witness | Principal of Oculus Expert Witness, Oculus Realty & Oculus Development & Advisory Services. Mr. Melt as an expert witness in numerous cases says risk management and loss prevention measures can remedy many issues that may otherwise be litigated. Melt calls a SOP a ‘recipe for efficiency’ in service delivery. The article is well worth your time to read and speaks to owners, property managers, and all others involved in the maintenance and care of commercial real estate properties. He strongly encourages property managers to engage in the concept of “management by walking around” and to be proactive in upholding the standard of care to prevent problems before they occur.
Svikhart & Associates, a Salt Lake City-based real estate services company, focuses on asset management, brokerage listings and sales, and all aspects of a multifamily investment. Specific diligence regards property operations and strategies to maximize asset performance and value. Additionally, the firm assists owners regarding economic, financial and market factors that impact returns on investment. The firm targets ‘Mid-Tier’ assets which it defines generally as 10-to-60-unit properties.
Please find us at svikhart.com or contact us at 801-550-5684 to learn about the real estate services the firm provides. To subscribe to the firm’s newsletter addressing events of the day please follow this link Newsletters.
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