Transition Plan

Coldwell Banker Commercial considers the transition period of a property to be critical to the long term success of any management assignment. We have developed a team approach to ensure a comprehensive, smooth transfer of responsibility from the outgoing to the incoming management firm. The transition timetable begins upon award and extends to the first ninety (90) days of the contract period. During this time period, each team member is responsible for implementing our tools and systems, formalizing the actions necessary to bring the process/procedures up to Coldwell Banker Commercial standards and identifying the steps necessary to achieve compliance.

During the transition phase, the ownership representative is regularly advised of the process to date along with the remaining steps to be completed. Elements of the transition plan feed/cascade into other areas of the General Management Plan.