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.

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.


Learn about SquareFeet -

When Real Estate and SquareFeet Shakes Hand
After the real estate company does their jobs, then the role of SquareFeet begins. The building / Flat owner have some definite responsibility. You have to perform other things related to your life too.