1. Make sure the services being provided are still needed and the providers are still providing their services at a price that is competitive and their customer service is at a level you expect.

2. Check to see if you are missing services that could help maintain your competitive edge and attract/retain residents.

3. Check to see if an existing provider can provide these new services or would it be better to switch to a new provider that can handle this service (and possibly others as well).

4. Evaluate any changes to your portfolio that may enable you to renegotiate agreements.

5. Look around to see if there are other providers you should consider (as they may give you better overall service and pricing).

By continually reviewing existing agreements, you will be surprised at how many opportunities you will find to generate or save your community or portfolio time and money while possibly improving your services your residents have access to. 

At ASM, we can help you do this! We can do an evaluation of your ancillary agreements, and help you find opportunities to either increase your revenue or find you savings. We can take it off your plate, and give you your time back. Contact us today for your free evaluation!