Property Management

Differences Between Real Estate and Property Management in Bangladesh

Real Estate and Property Management are like the two sides of a coin, with an overlapping factor. That is the “Building”. Where one ends its functionality to a point the other begins. Let us know the exact differences that exist between them.

SquareFeet

Aug 11, 2021 • 2 min read

Real Estate Vs Property Management

Real estate is that sector, who has to involve a realtor and convince their potential customers. They deal with land and buildings.
Where the property management sector has to show organizational behaviour in managing the building after construction.

The table will guide you towards the key differences between real estate and property management:

Real Estate	Property Management
Takes major responsibility like - Building design, and get approval from the national housing authority	Has to design a plan for managing the building after construction and get an approval of the building owner
Ensure security by monitoring the construction site	Ensures security of the building by managing the gatekeeper and security guards
Sell the ready-made flats and rent them to tenants	Collect rent from the tenants
Screen outsider till the handover of flats or buildings	Maintain the screening of the tenants and the visitor
Verifies the realty papers	Verifies the tenant’s identification papers
Lists and sells the property on behalf of the owner	Deals with management, like - repairing, listening to complaints, etc. on behalf of the owner
The profit depends on how valuable the realty is	The profit depends on how many tenants reside in the building
The contact media with the customer and owner generally is the real estate agent or realtor	The contact media of the owner and tenant is a property manager

These are the main differences between the two opposite yet related sectors. A landowner who wants a well-maintained building will have to contact both of them.

Differences Between Real Estate and Property Management in Bangladesh

SquareFeet

The table will guide you towards the key differences between real estate and property management:

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